Form 4: Byline Bancorp Director William G. Kistner Acquires Additional Shares
SEC Form 4 Filing
Director William G. Kistner increased his indirect holdings in Byline Bancorp through a purchase of 60 shares of common stock at $21.087 per share on March 11, 2024.
Summary
- On March 11, 2024, William G. Kistner, a director of Byline Bancorp, acquired 60 shares of common stock.
- The purchase price was $21.087 per share.
- The shares were acquired indirectly through the William G. Kistner Trust dated June 22, 1973.
- Following the transaction, the William G. Kistner Trust beneficially owns 13,575 shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction, and there's no indication of significant positive or negative implications.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
This filing reflects routine trading activity by an insider and doesn't necessarily indicate a significant shift in the company's outlook or strategy.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| June 22, 1973 | Date of the William G. Kistner Trust |
| 03/11/2024 | Date of the transaction: purchase of 60 shares |
| 03/12/2024 | Date of signature on the Form 4 filing |
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