Director Kistner trust buys BYLINE Bancorp (NYSE: BY) shares in market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BYLINE BANCORP director William G. Kistner reported a small open-market share purchase. On May 4, 2026, a trust associated with him, the William G. Kistner Trust Date June 22, 1973, bought 100 shares of BY common stock at $31.97 per share in an open-market transaction.
Following this purchase, the trust’s indirect holdings increased to 14,189 common shares. Separately, Kistner is shown with 1,036 common shares held directly, listed as a holding entry without a new transaction code.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 100 shares ($3,197)
Net Buy
2 txns
Insider
KISTNER WILLIAM G
Role
null
Bought
100 shs ($3K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common stock | 100 | $31.97 | $3K |
| holding | Common stock | -- | -- | -- |
Holdings After Transaction:
Common stock — 14,189 shares (Indirect, William G. Kistner Trust Date June 22, 1973);
Common stock — 1,036 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 100 shares
Purchase price: $31.97 per share
Indirect holdings after trade: 14,189 shares
+2 more
5 metrics
Shares purchased
100 shares
Open-market purchase on May 4, 2026
Purchase price
$31.97 per share
Price paid for common stock
Indirect holdings after trade
14,189 shares
Held by William G. Kistner Trust Date June 22, 1973
Direct holdings
1,036 shares
Common stock held directly by William G. Kistner
Net insider share change
100 shares
Net-buy across all reported transactions
Key Terms
open-market purchase, indirect, Common stock, Form 4
4 terms
open-market purchase financial
"transaction_action": "open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
indirect financial
""ownership_type": "indirect""
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did BY (BYLINE BANCORP, INC.) report for William G. Kistner?
BYLINE BANCORP reported that director William G. Kistner, through a trust, completed an open-market purchase of 100 common shares. The transaction occurred at $31.97 per share, reflecting a modest increase in his indirect ownership position.