ABRAHAM THOMAS 4

What Happened

• Abraham Thomas, President of Byline Bancorp, received an award of 2,406 shares of common stock on April 16, 2026. The shares were issued at $0.00 (restricted stock award), representing no cash purchase by the insider.
• The award is recorded as an acquisition (Form 4 code A). These are compensation shares rather than an open-market purchase or sale.

Key Details

• Transaction date: April 16, 2026; Form 4 filed April 20, 2026 (filed within the SEC’s two-business-day window).
• Price: $0.00 per share; total cash paid by insider: $0.
• Shares reported acquired: 2,406 restricted shares.
• Shares owned after the transaction: not specified in the provided filing.
• Footnote: the 2,406 shares are restricted and will vest over three years subject to continued employment (per filing footnote).
• Transaction type: Award/Grant (A). No 10b5-1 plan, tax withholding, or sale noted.

Context

• Restricted stock awards are a form of compensation and typically vest over time; they reflect company pay practices rather than an immediate market-view trade by the insider.
• Because this was an award (not an open-market purchase), it should be viewed as part of compensation rather than a direct signal of the insider buying shares with personal funds.