BYLINE BANCORP (BY) General Counsel receives 1,783 restricted stock shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Doran Brian F reported acquisition or exercise transactions in this Form 4 filing.
BYLINE BANCORP, INC. General Counsel Brian F. Doran reported receiving a grant of 1,783 shares of Common Stock. These are restricted shares that will vest over three years, subject to his continued employment with the company. After this award, he holds 2,533 shares of Common Stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Doran Brian F
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,783 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,533 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did BY (Byline Bancorp) report for Brian F. Doran?
BY reported that General Counsel Brian F. Doran acquired 1,783 shares of Common Stock. The shares were granted as restricted stock and increase his direct holdings to 2,533 shares after the transaction.
Was the BY insider transaction a purchase or a stock grant?
The BY insider transaction was a stock grant, not an open-market purchase. Brian F. Doran received 1,783 restricted shares of Common Stock as a grant or award, with no cash price per share reported.
What are the vesting terms of the BY restricted stock granted to Brian F. Doran?
The 1,783 BY restricted shares granted to Brian F. Doran will time vest over three years. Vesting is conditioned on his continued employment with the issuer throughout the vesting period, according to the filing footnote.
What role does Brian F. Doran hold at BYLINE BANCORP, INC.?
Brian F. Doran serves as General Counsel at BYLINE BANCORP, INC. The reported Form 4 transaction reflects an equity award of restricted Common Stock tied to his position and ongoing employment with the company.