STOCK TITAN

BYLINE BANCORP (BY) director receives 1,533-share stock award as compensation

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Hugues Velez Margarita reported acquisition or exercise transactions in this Form 4 filing.

BYLINE BANCORP, INC. director Margarita Hugues Velez reported receiving a grant of 1,533 shares of Common Stock as equity compensation. These are restricted shares that will vest on June 1, 2027, subject to continued service under the company’s Director Compensation Program. After this award, the director holds 8,722 shares of Common Stock directly.

Positive

  • None.

Negative

  • None.
Insider Hugues Velez Margarita
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,533 $0.00 --
Holdings After Transaction: Common Stock — 8,722 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted stock grant 1,533 shares Common Stock grant to director Margarita Hugues Velez
Post-transaction holdings 8,722 shares Total Common Stock held directly after grant
Vesting date June 1, 2027 Restricted shares vesting subject to continued service
Grant price per share $0.0000 per share Reported transaction price for restricted stock award
Restricted shares financial
"Restricted shares of Common Stock that will vest on June 1, 2027"
Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.
Director Compensation Program financial
"to be received pursuant to the Company's Director Compensation Program"
Common Stock financial
"Restricted shares of Common Stock that will vest on June 1, 2027"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hugues Velez Margarita

(Last)(First)(Middle)
180 NORTH LASALLE STREET
SUITE 300

(Street)
CHICAGO ILLINOIS 60601

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
BYLINE BANCORP, INC. [ BY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/08/2026A1,533(1)A$08,722D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Restricted shares of Common Stock that will vest on June 1, 2027, subject to continued service, to be received pursuant to the Company's Director Compensation Program.
/s/ Thomas J. Bell III, Attorney-in-Fact06/10/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did BY (BYLINE BANCORP, INC.) report on this Form 4?

BYLINE BANCORP reported that director Margarita Hugues Velez received a grant of 1,533 shares of Common Stock. This is a stock award, not an open-market purchase, and reflects equity-based director compensation.

Was the BY director’s Form 4 transaction a stock buy or a compensation grant?

The Form 4 shows a compensation grant, coded as an acquisition under transaction code "A". Director Margarita Hugues Velez received 1,533 restricted shares of Common Stock for service, rather than buying shares in the open market.

When do the 1,533 restricted BY shares granted to the director vest?

The 1,533 restricted shares of BY Common Stock will vest on June 1, 2027, subject to continued service. This means the director must keep serving through that date to fully earn the shares under the Director Compensation Program.

How many BY shares does the director hold after this Form 4 transaction?

After the reported grant, director Margarita Hugues Velez holds 8,722 shares of BY Common Stock directly. This total includes the newly granted 1,533 restricted shares reported in the filing as part of director compensation.

What does transaction code "A" mean in the BY director’s Form 4?

In this Form 4, transaction code "A" represents a grant, award, or other acquisition of Common Stock. Here, it reflects 1,533 restricted shares awarded to the BY director as compensation, not a market purchase or sale.