SACRISTAN CARLOS RUIZ 4
Research Summary
AI-generated summary
Byline Bancorp Director Carlos Ruiz Receives Award of 1,533 Shares
What Happened
Carlos Ruiz, a director of Byline Bancorp, received an award of 1,533 restricted shares of common stock on June 8, 2026. The grant is reported at $0.00 per share (total reported value $0) as a compensation award rather than a market purchase.
Key Details
- Transaction type: Award/Grant (code A).
- Transaction date: 2026-06-08. Report filed on 2026-06-10 (timely; within the Form 4 reporting window).
- Price: $0.00 per share; total reported value $0.
- Shares granted: 1,533 restricted shares.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: These are restricted shares that will vest on June 1, 2027, subject to continued service, issued under the Company's Director Compensation Program.
Context
This is a compensation grant to a director (not an open-market purchase or sale). Restricted share awards are common for director pay and vest over time; they do not indicate an immediate buy or sell decision. The economic value to the insider depends on the stock price at vesting and continued service through the vesting date.