Form 4: Byline Bancorp Chief Credit Officer Reports Share Activity

Byline Bancorp's Chief Credit Officer, Mark Fucinato, reported the acquisition of shares through vesting and subsequent tax-related dispositions.

Summary

• Mark Fucinato, Chief Credit Officer of Byline Bancorp, Inc., reported transactions involving the company's common stock.
• On February 22, 2026, Fucinato acquired 3,948 shares of common stock at a price of $0.00, representing shares earned from a performance-vesting grant.
• Concurrently, Fucinato disposed of 1,419 shares of common stock at $33.13 per share, likely to cover tax obligations related to the vesting.
• Additionally, on February 22, 2026, Fucinato acquired 2,293 restricted shares of common stock at $0.00, which are subject to time-vesting over three years.
• Another disposition of 934 shares of common stock occurred on the same date at $33.13 per share, also likely for tax purposes.
• Following these transactions, Fucinato beneficially owns 24,689 shares of Byline Bancorp common stock directly.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a moderately positive event. While there were dispositions, they appear to be tax-related sales following the vesting of performance and restricted shares, indicating successful achievement of prior goals and continued equity incentives for a key executive.

Positives

• Mark Fucinato acquired 3,948 shares of common stock through performance-vesting, indicating achievement of performance targets.
• An additional 2,293 restricted shares were acquired, which will vest over three years, demonstrating continued equity incentive for management.

Negatives

• Fucinato disposed of a total of 2,353 shares (1,419 + 934) of common stock at $33.13 per share, likely for tax purposes, which reduces his direct ownership.

Future Outlook

The filing indicates that 2,293 restricted shares acquired by Mark Fucinato will time vest over three years, subject to his continued employment with Byline Bancorp, Inc.

Industry Context

StockSavvy.ai notes that equity compensation, including performance-vesting and time-vesting restricted shares, is a standard practice across the banking industry to align executive incentives with shareholder interests and promote long-term retention. The tax-related sales are also a common occurrence when equity awards vest.

Stakeholder Impact

• Shareholders: Provides transparency into executive compensation and ownership, showing continued alignment of a key executive's interests with the company's performance. The net increase in shares held by the executive (after accounting for tax sales) is positive.
• Employees: Reflects the company's ongoing use of equity compensation programs to incentivize and retain key personnel.

Next Steps

• The 2,293 restricted shares acquired by Mark Fucinato will continue to time vest over the next three years, contingent on his continued employment.

Key Dates

Recommendation

The filing details routine insider transactions related to equity compensation vesting and subsequent tax-related sales. These transactions do not suggest a fundamental change in the company's prospects or the executive's confidence, warranting a 'hold' recommendation for existing investors. New investors should consider broader company fundamentals.

Keywords

Byline Bancorp, BY, Mark Fucinato, Chief Credit Officer, Insider Trading, Form 4, Stock Vesting, Restricted Stock, Performance Shares, Equity Compensation