BY.NYSEByline Bancorp, INC

Form 4: Byline Bancorp Director Buys Shares

Sentiment:

Insider Transaction Report

📋All filings for Byline Bancorp, INC
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Byline Bancorp Director Mary Jo S. Herseth acquired 300 shares of common stock at $30.8297 per share.

Summary

  • Director Mary Jo S. Herseth purchased 300 shares of Byline Bancorp, Inc. common stock.
  • The transaction occurred on March 16, 2026.
  • The purchase price was $30.8297 per share.
  • Following this transaction, Ms. Herseth beneficially owns 18,800 shares indirectly through The Herseth Family Revocable Trust Dated 12/02/25.
  • The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal due to insider buying, which often indicates confidence from company leadership, though the transaction size is relatively small.

Positives

  • An insider, a Director, purchased shares, which can signal confidence in the company's future prospects.
  • The transaction was executed under a Rule 10b5-1(c) plan, indicating a pre-planned purchase.

Industry Context

StockSavvy.ai notes that insider buying, particularly by a director, can sometimes be interpreted by the market as a positive signal, suggesting management's belief in the company's valuation or future performance, especially within the regional banking sector.

Related Party Transactions

  • Director Mary Jo S. Herseth's beneficial ownership of 18,800 shares is held indirectly through The Herseth Family Revocable Trust Dated 12/02/25.

Stakeholder Impact

  • Shareholders: May view the insider purchase as a positive indicator of management confidence.

Key Dates

DateDescription
03/16/2026Date of earliest transaction for common stock acquisition by Director Mary Jo S. Herseth.

Recommendation

hold

The purchase of shares by a director, Mary Jo S. Herseth, signals confidence in Byline Bancorp's future. However, the transaction size of 300 shares is relatively modest and, without further fundamental analysis of the company's financials and market position, it primarily serves to reinforce a 'hold' position rather than prompting a 'buy' or 'sell' recommendation.

Keywords

Byline Bancorp, BY, Insider Trading, Form 4, Director Purchase, Stock Acquisition, Mary Jo S. Herseth, Rule 10b5-1

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