BYLINE BANCORP (NYSE: BY) director receives 1,533-share stock grant
Rhea-AI Filing Summary
SACRISTAN CARLOS RUIZ reported acquisition or exercise transactions in this Form 4 filing.
BYLINE BANCORP, INC. director Carlos Ruiz Sacristan reported a compensation-related stock grant. He received 1,533 shares of Common Stock at a price of $0.0000 per share as a grant or award, which is described as restricted stock.
According to the filing, these restricted shares will vest on June 1, 2027, subject to his continued service under the company’s Director Compensation Program. After this grant, he directly holds 13,533 shares and indirectly holds 32,831 shares through Tenedora Jacaru, S.A. de C.V.
Positive
- None.
Negative
- None.
Insights
Routine director equity grant with time-based vesting.
The filing shows director Carlos Ruiz Sacristan receiving 1,533 restricted shares of BYLINE BANCORP, INC. Common Stock as part of the Director Compensation Program. The grant is recorded at $0.0000 per share, indicating a non-cash, equity-based award rather than a market purchase.
The shares vest on June 1, 2027, subject to continued service, which encourages longer-term board engagement. Following the grant, he holds 13,533 shares directly and 32,831 shares indirectly via Tenedora Jacaru, S.A. de C.V., suggesting this is a modest, routine addition to an existing position.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,533 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
Director Compensation Program financial
indirect financial
non-derivative financial
AI-generated analysis. How Rhea-AI works. Not financial advice.