Form 4: Byline Bancorp Director William G. Kistner Acquires Additional Shares
SEC Form 4 Filing
Director William G. Kistner purchased 60 shares of Byline Bancorp (BY) at $27.91 on August 26, 2024, and holds 1,036 shares directly and 13,685 indirectly through a trust.
Summary
- On August 26, 2024, William G. Kistner, a director of Byline Bancorp, acquired 60 shares of common stock at a price of $27.91 per share.
- Following this transaction, Kistner directly owns 1,036 shares of Byline Bancorp.
- Kistner also indirectly owns 13,685 shares through the William G. Kistner Trust dated June 22, 1973.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares is generally a good sign, but the quantity is small and may not be highly significant.
Positives
- The director's purchase could be interpreted as a positive signal about their confidence in the company's future prospects.
Industry Context
Insider transactions are closely watched by investors as they can provide insights into management's perspective on the company's valuation and future performance. Purchases are generally seen as a positive sign.
Stakeholder Impact
- The purchase may have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| June 22, 1973 | Date of the William G. Kistner Trust |
| 08/26/2024 | Date of the transaction: purchase of 60 shares |
| 08/28/2024 | Date of signature on the Form 4 filing |
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