Byline Bancorp (BY) CEO sells 19,750 shares, still holds 411,643
Rhea-AI Filing Summary
Byline Bancorp, Inc. Chief Executive Officer Roberto R. Herencia reported selling 19,750 shares of common stock on 2026-08-13 at $39.2054 per share in an open-market or private transaction. Following this sale, he directly holds 411,643 shares of common stock.
He also reports indirect holdings of 16,612 shares through the Roberto Herencia Inc. Defined Benefit Plan and 2,575 shares through the Roberto Herencia Inc. 401(k). The filing indicates the Rule 10b5-1 trading-plan checkbox was not selected.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 19,750 shares
Net Sell
3 txns
Insider
HERENCIA ROBERTO R
Role
CHIEF EXECUTIVE OFFICER
Sold
19,750 shs ($774K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common stock | 19,750 | $39.2054 | $774K |
| holding | Common stock | -- | -- | -- |
| holding | Common stock | -- | -- | -- |
Holdings After Transaction:
Common stock — 411,643 shares (Direct);
Common stock — 16,612 shares (Indirect, By Roberto Herencia Inc. Defined Benefit Plan);
Common stock — 2,575 shares (Indirect, By Roberto Herencia Inc. 401(k))
Key Figures
Shares sold: 19,750 shares
Sale price per share: $39.2054
Direct holdings after sale: 411,643 shares
+3 more
6 metrics
Shares sold
19,750 shares
Common stock sale by CEO on 2026-08-13
Sale price per share
$39.2054
Per-share price for 19,750-share common stock sale
Direct holdings after sale
411,643 shares
CEO direct ownership of common stock following transaction
Indirect DB Plan holdings
16,612 shares
Indirect ownership via Roberto Herencia Inc. Defined Benefit Plan
Indirect 401(k) holdings
2,575 shares
Indirect ownership via Roberto Herencia Inc. 401(k)
Net shares sold
19,750 shares
Net buy/sell direction reported as net-sell
Key Terms
open market, indirect ownership, Defined Benefit Plan
3 terms
open market financial
"Sale in open market or private transaction"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
indirect ownership financial
"Indirect ownership noted as By Roberto Herencia Inc. 401(k)"
Defined Benefit Plan financial
"Nature of ownership: By Roberto Herencia Inc. Defined Benefit Plan"
A defined benefit plan is a retirement program that guarantees workers a specific monthly payment after they retire, with the employer responsible for funding whatever is needed to meet that promise. Investors care because these plans create long-term payment obligations that can affect a company’s cash flow and balance sheet—similar to a homeowner having a fixed mortgage the household must cover regardless of income swings.
FAQ
What did BY CEO Roberto R. Herencia report in this Form 4 transaction?
Roberto R. Herencia reported a sale of 19,750 shares of Byline Bancorp common stock on 2026-08-13 at $39.2054 per share in an open-market or private transaction.
Does the BY CEO still hold derivative securities according to this Form 4?
The derivative holdings section in this Form 4 is empty, and the derivative transaction count is zero, indicating no derivative positions are reported in connection with this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.