HERENCIA ROBERTO R

CEO Herencia bought 4,040 shares at $24.75; 5 other insiders bought within 14 days

Roberto Herencia, CEO of Byline Bancorp, purchased 4,040 shares at $24.75 on 2025-06-11, increasing holdings from 322,729 to 326,769 shares. This transaction occurred within a cluster of 5 other insider buys over the prior 14 days, suggesting coordinated accumulation at this price level. The stock has declined 6.8% over 30 days and 5.1% over 90 days, trading 21.4% below its 52-week high. Herencia's cross-ticker track record shows 2 prior buys with mixed results (avg 30d return +2.0%, avg 90d return -5.8%), indicating his prior open-market purchases have not consistently preceded near-term gains.

Director Herencia Roberto R sold 100,000 shares (100.0K shares) of FBP at $22.18 on 2024-11-06, reducing stake to 651,945 shares (651.9K shares).

Herencia Roberto R, a Director, executed a 100,000-share open-market sale at $22.18, representing a 13.3% reduction of his holdings. The sale occurred near the stock's 52-week high of $22.20, when FBP's stock has appreciated 4.0% over 30 days and 6.7% over 90 days. First Bancorp's recent fundamentals show strong operating performance with annual revenue growth of +17.3%, quarterly net income of $73,727,000.00, and a modest P/E of 11.39. Herencia's cross-ticker track record shows his prior 2 buys averaged -5.8% return over 90 days with a 0.00% win rate, providing limited predictive value for this specific transaction's timing or implications. The sale's significance is moderate: while the scale is material ($2,218,120.00) and represents a substantial portfolio adjustment, the stock's proximity to 52-week highs and the company's strong growth trajectory limit the sale's urgency as a negative signal.