Byline (NYSE: BY) CHRO awarded stock, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BYLINE BANCORP, INC. chief human resources officer Dana Rose reported equity compensation awards and related tax share withholdings in common stock. On February 22, she acquired 3,291 shares earned from a performance-vesting grant and 2,537 restricted shares that vest over three years, both at no cash price.
To cover taxes on these awards, 1,139 shares and 855 shares were disposed of at $33.13 per share through tax-withholding transactions, rather than open-market selling. After these transactions, she directly owned 14,026 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Rose Dana
Role
CHIEF HUMAN RESOURCES OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock | 3,291 | $0.00 | -- |
| Tax Withholding | Common stock | 1,139 | $33.13 | $38K |
| Grant/Award | Common stock | 2,537 | $0.00 | -- |
| Tax Withholding | Common stock | 855 | $33.13 | $28K |
Holdings After Transaction:
Common stock — 13,483 shares (Direct)
Footnotes (1)
- Represents shares of Common Stock earned upon performance-vesting of a previously awarded performance share grant. Represents restricted shares of Common Stock that will time vest over three years subject to continued employment with the issuer.
FAQ
What insider transactions did BY (Byline Bancorp) report for Dana Rose?
Dana Rose reported equity compensation activity, receiving common stock awards and having shares withheld for taxes. She acquired 3,291 performance-vested shares and 2,537 restricted shares, while 1,139 and 855 shares were disposed at $33.13 solely to satisfy tax obligations.
Were Dana Rose’s BY stock transactions open-market buys or sells?
The filing shows no open-market buys or sells. Shares were acquired as equity awards and performance-vesting, while the reported dispositions used code F, meaning shares were withheld at $33.13 per share to pay tax liabilities on those awards.
What types of BY stock awards did Dana Rose receive on February 22?
She received two types of equity awards. One comprised 3,291 shares of common stock earned from performance-vesting of a prior performance share grant. The second comprised 2,537 restricted shares that will vest over three years, contingent on continued employment.