Form 4: Byline Bancorp Chief Risk Officer Michelle Johnson Sells Shares

Michelle Lynn Johnson, Chief Risk Officer of Byline Bancorp, sold 3,880 shares of common stock on March 4, 2024, at a price of $20.701 per share.

Summary

• On March 4, 2024, Michelle Lynn Johnson, the Chief Risk Officer of Byline Bancorp, sold 3,880 shares of the company's common stock.
• The sale price was $20.701 per share.
• Following the transaction, Johnson directly owns 4,633 shares of Byline Bancorp.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a stock sale by an officer. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This is a routine disclosure of an insider transaction. It's common for officers of publicly traded companies to buy and sell shares of their company's stock. The disclosure is required by the SEC to ensure transparency.

Stakeholder Impact

• The sale of shares by a company officer could be perceived negatively by some shareholders, although it is a common occurrence.
• The impact on other stakeholders (employees, customers, suppliers, creditors) is likely to be minimal.

Key Dates