Form 4: Byline Bancorp SVP, Chief Accounting Officer Reports Stock Disposal
SEC Form 4 Filing
Maria Sherylle A. Olano, SVP, Chief Accounting Officer of Byline Bancorp, reported the disposal of 124 shares of common stock on February 28, 2024.
Summary
- On February 28, 2024, Maria Sherylle A. Olano, the SVP, Chief Accounting Officer of Byline Bancorp, disposed of 124 shares of common stock.
- The transaction was executed at a price of $20.61 per share.
- Following the transaction, Olano directly owns 15,041 shares of Byline Bancorp common stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of a stock transaction by a company insider. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. This allows the public to see if company leadership is buying or selling company stock.
Stakeholder Impact
- The disposal of shares by a company officer could be perceived negatively by some shareholders, although the relatively small number of shares disposed of may mitigate this impact.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of the stock disposal transaction |
| 02/29/2024 | Date of signature on the Form 4 filing |
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