Form 4: Byline Bancorp Executive John Barkidjija Reports Stock Transactions
SEC Form 4 Filing
John Barkidjija, Head of CRE & Specialty Finance at Byline Bancorp, reports the acquisition and disposal of common stock and derivative securities on July 31, 2024.
Summary
- On July 31, 2024, John Barkidjija, Head of CRE & Specialty Finance at Byline Bancorp, executed multiple transactions involving Byline Bancorp's common stock.
- These transactions included the acquisition of shares through option exercises at a price of $11.18 and the disposal of shares through sales at prices ranging from $28.0284 to $28.25.
- Specifically, 14,624 shares were acquired and disposed of at $11.18 and $28.2 respectively, 7,761 shares were acquired and disposed of at $11.18 and $28.25 respectively, and 4,624 shares were acquired and disposed of at $11.18 and $28.0284 respectively.
- Following these transactions, Barkidjija directly owns 22,691 shares of Byline Bancorp common stock.
- Barkidjija also exercised stock options for 27,009 shares at a price of $11.18, which were granted on June 28, 2018, and expire on June 26, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about an insider's trading activity.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their trading activities and potential alignment with shareholder interests.
Stakeholder Impact
- Shareholders may be interested in the insider's transactions as an indicator of management's confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 06/28/2018 | Date the stock options were granted. |
| 06/26/2025 | Expiration date of the stock options. |
| 07/31/2024 | Date of the reported transactions (acquisition and disposal of shares). |
| 08/02/2024 | Date of signature on the Form 4 filing. |
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