Olano Maria Sherylle A 4
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Byline Bancorp SVP Maria Olano Receives Restricted Share Award
What Happened Maria Olano, SVP and Chief Accounting Officer of Byline Bancorp (BY), was granted 2,378 restricted shares on 2026-02-22 (transaction code A). To cover tax withholding related to the award, 1,032 shares were surrendered/disposed at $33.13 per share on the same date, generating $34,190 (transaction code F). The award shares were reported with an acquisition price of $0.
Key Details
- Transaction date: 2026-02-22 (reported on Form 4 filed 2026-02-24).
- Grant: 2,378 restricted shares (code A) at $0.00 acquisition price.
- Tax withholding/disposition: 1,032 shares (code F) disposed at $33.13 each, total $34,190.
- Shares owned after the transactions: not disclosed in the provided filing.
- Footnote: Awarded restricted shares will time-vest over three years subject to continued employment (per footnote F1).
- Timeliness: Filing was submitted on 2026-02-24 for a 2026-02-22 transaction — appears timely (within the usual two-business-day Form 4 window).
Context This filing reflects an equity award (restricted stock) granted to an executive and a routine disposition of shares to satisfy tax withholding. The grant (acquisition) is not an open-market purchase and the withheld shares do not necessarily indicate a change in sentiment — they’re a common administrative step when restricted shares vest or are granted. The award vests over time, so any future sales or holdings will depend on vesting and company policies.