Director Pamela C Stewart purchased 3,850 shares of BY at $25.99, boosting stake to 6,336 shares (+154.9%)
Pamela C Stewart, a director of Byline Bancorp, purchased 3,850 shares (3.8K shares) at $25.99 on 2024-08-07 for a total value of $100,061.12 ($100.1K). This acquisition increased her shareholdings substantially from 2,486 shares (2.5K shares) to 6,336 shares (6.3K shares), representing a +154.9% increase in position size. At the transaction price of $25.99, the stock was trading -11.7% from its 52-week high of $29.12, and the company's valuation metrics show a P/E of 9.67 with a market cap of $1,138,383,969.44 ($1.1B). The director's decision to materially expand her ownership position at a price well below recent highs and at a multiple that reflects modest valuation may warrant investor attention to underlying board-level perspectives on the company's strategic positioning.