STOCK TITAN

Byline Bancorp (NYSE: BY) director has 530 shares withheld for taxes

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

Rhea-AI Filing Summary

BYLINE BANCORP, INC. director Margarita Hugues Velez reported a tax-related share disposition. On 2026-06-02, 530 shares of Common Stock were delivered at $33.41 per share to satisfy an exercise price or tax liability. After this non-open-market event, the director directly owns 7,189 shares of Common Stock.

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Insider Hugues Velez Margarita
Role null
Type Security Shares Price Value
Tax Withholding Common Stock 530 $33.41 $18K
Holdings After Transaction: Common Stock — 7,189 shares (Direct, null)
Footnotes (1)
Tax-withholding shares 530 shares Common Stock delivered in tax-withholding disposition on 2026-06-02
Price per share $33.41 per share Valuation used for 530-share tax-withholding disposition
Post-transaction holdings 7,189 shares Common Stock directly owned after the disposition
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"security_title: "Common Stock""
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.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description: "Payment of exercise price or tax liability by delivering securities""
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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)
06/02/2026
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 Stock06/02/2026F530D$33.417,189D
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:
/s/ Thomas J. Bell III, Attorney-in-Fact06/03/2026
** 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) report for Margarita Hugues Velez?

Byline Bancorp director Margarita Hugues Velez reported a tax-withholding disposition of 530 Common Stock shares. The shares were delivered to satisfy an exercise price or tax liability, not sold in the open market, and reflect a routine administrative transaction.

Was the BY insider transaction by Margarita Hugues Velez an open-market sale?

No, the transaction was not an open-market sale. It was coded “F,” meaning 530 shares were delivered to cover an exercise price or tax liability, a tax-withholding disposition typically linked to equity compensation rather than a discretionary market trade.

How many BY shares were involved in Margarita Hugues Velez’s tax-withholding disposition?

The filing shows 530 Common Stock shares were delivered in the tax-withholding disposition. These shares were valued at $33.41 per share for the transaction, reflecting payment of an exercise price or related tax liability using company stock rather than cash.

How many BY shares does Margarita Hugues Velez own after the reported transaction?

After the transaction, Margarita Hugues Velez directly owns 7,189 shares of Byline Bancorp Common Stock. This post-transaction balance is disclosed in the Form 4 and represents her remaining direct holdings following the 530-share tax-withholding disposition.

What does transaction code F mean in the BY Form 4 for Margarita Hugues Velez?

Transaction code F indicates payment of an exercise price or tax liability by delivering securities. For BY, it means 530 Common Stock shares were withheld or delivered at $33.41 per share to satisfy such obligations, rather than being sold on the open market.