Form 4: Byline Bancorp Executive Thomas Abraham Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Thomas Abraham, President of SBC at Byline Bancorp, reports the acquisition and disposal of company stock on February 22 and 25, 2025, according to a Form 4 filing.

Summary

  • On February 22, 2025, Thomas Abraham, President of SBC at Byline Bancorp, engaged in multiple transactions involving the company's common stock.
  • These transactions included the disposal of 770 shares, 1,301 shares, and 1,032 shares at a price of $28.91 each.
  • Additionally, Mr. Abraham acquired 5,453 shares of restricted common stock at $0.
  • On February 25, 2025, Mr. Abraham disposed of 6,658 shares at $28.8581.
  • Following these transactions, Mr. Abraham directly owns 62,282 shares of Byline Bancorp.
  • Mr. Abraham has granted Thomas J. Bell III and Alberto J. Paracchini power of attorney for Section 16 reporting obligations.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing, reflecting neutral sentiment as it reports factual stock transactions.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to the market regarding their trading activities.

Stakeholder Impact

  • The reported transactions may influence investor perception of Byline Bancorp's stock, although the impact is likely to be minimal given the relatively small number of shares involved.

Key Dates

DateDescription
2024-05-31Date of Limited Power of Attorney execution.
2025-02-22Date of multiple stock transactions including disposal and acquisition of shares.
2025-02-25Date of stock disposal.
2025-02-26Date of signature for the report.

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