Form 4: Byline Bancorp Executive Ptacin Sells 8,100 Shares
SEC Form 4 Filing
Brogan Ptacin, Head of Commercial Banking at Byline Bancorp, sold 8,100 shares of common stock at a price of $30.6808 on November 7, 2024.
Summary
- On November 7, 2024, Brogan Ptacin, Head of Commercial Banking at Byline Bancorp, sold 8,100 shares of the company's common stock.
- The transaction was executed at a price of $30.6808 per share.
- Following the sale, Ptacin directly owns 17,488 shares of Byline Bancorp.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an insider stock sale. It doesn't inherently convey positive or negative sentiment, but the sale itself could be interpreted in various ways by the market.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders buy or sell their company's stock. These filings are closely watched by investors for signals about management's view of the company's prospects.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by shareholders, potentially leading to a decrease in stock price.
Key Dates
| Date | Description |
|---|---|
| 11/07/2024 | Date of the transaction: Brogan Ptacin sold 8,100 shares of Byline Bancorp common stock. |
| 11/08/2024 | Date of the Form 4 filing. |
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