secwatch.observer — SEC 8-K summary
======================================

Issuer:     BYLINE BANCORP, INC. (BY)
CIK:        0001702750
Form:       8-K
Filed at:   2025-06-12T23:59:59+00:00
Accession:  0001104659-25-058977
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Byline Bancorp secondary offering closes: estate sells 4.28M shares; company repurchases 418K shares
--------------------------------------------------------------------------------

- Estate of Daniel L. Goodwin and affiliate sold 4,282,210 shares of Byline common stock in registered offering at $23.91/share.
- Company did not receive any proceeds from the sale; instead bought back 418,235 shares at $23.91/share under Jan 2025 repurchase program.
- Certain directors purchased an aggregate of $1.27M of shares in the offering on same terms as other purchasers.
- Underwriting agreement with J.P. Morgan Securities LLC as sole underwriter includes customary representations, warranties, and indemnities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1702750/000110465925058977/0001104659-25-058977-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1702750/000110465925058977/tm2517181d6_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-058977

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer