ABRAHAM THOMAS 4

What Happened

• Thomas Abraham, President of Byline Bancorp, received a grant of 7,094 restricted shares on 2026-02-22 (award code A). The shares were issued at $0.00 (restricted award).
• To cover tax withholding related to the award (code F), 2,843 shares were surrendered/withheld at $33.13 per share, totaling $94,189. The withholding is a disposition of shares to satisfy tax obligations and is routine following a restricted-share grant.

Key Details

• Transaction date: 2026-02-22; Form 4 filed 2026-02-24 (filed within the typical two-business-day window).
• Award: 7,094 restricted shares (acquired at $0.00).
• Tax withholding: 2,843 shares withheld/disposed at $33.13 each = $94,189.
• Shares owned after the transaction: not specified in the information provided (see the Form 4 for total holdings).
• Footnote: These 7,094 restricted shares will vest over three years subject to continued employment with the issuer.

Context

• This was a restricted stock award, not an open-market purchase or sale. The withholding of 2,843 shares to cover taxes is a common, administrative step (similar to a cashless tax-withholding) and does not necessarily signal a bullish or bearish view by the insider.
• For retail investors, awards that vest over time indicate retention/compensation rather than immediate insider investment activity.