Byline Bancorp (NYSE: BY) director has 530 shares withheld for taxes
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
Key Figures
Tax-withholding shares: 530 shares
Price per share: $33.41 per share
Post-transaction holdings: 7,189 shares
3 metrics
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
Key Terms
tax-withholding disposition, Common Stock, Payment of exercise price or tax liability by delivering securities
3 terms
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""
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.
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.