Form 4: Byline Bancorp SVP, Chief Accounting Officer, Maria Olano, Reports Transaction

Sentiment:

SEC Form 4 Filing


Maria Sherylle A. Olano, SVP, Chief Accounting Officer of Byline Bancorp, reports a transaction involving common stock on July 29, 2024.

Summary

  • On July 29, 2024, Maria Sherylle A. Olano, SVP, Chief Accounting Officer of Byline Bancorp, engaged in a transaction involving the company's common stock.
  • The transaction involved the disposal of 184 shares at a price of $28.28 per share.
  • Following the reported transaction, Olano directly owns 15,165 shares of Byline Bancorp common stock.
  • Olano has granted Thomas J. Bell III and Alberto J. Paracchini power of attorney for Section 16 reporting obligations.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to an insider transaction, so the sentiment is neutral.

Industry Context

This is a standard SEC Form 4 filing, which is required when an insider of a publicly traded company buys or sells the company's securities. It provides transparency into the transactions of company insiders.

Stakeholder Impact

  • The transaction may be of interest to shareholders as it provides insight into the actions of a company insider.

Key Dates

DateDescription
2024/05/31Date of execution for the Limited Power of Attorney.
2024/07/29Date of the transaction involving Byline Bancorp common stock.
2024/07/31Date of signature for the report.

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