Powers John Joseph 4
4 · FIRST BUSEY CORP /NV/ · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
First Busey (BUSE) EVP John Powers Withholds 8,439 Shares for Taxes
What Happened
John J. Powers, Executive Vice President & General Counsel of First Busey Corp (BUSE), had 8,439 vested restricted stock unit (RSU) shares withheld to satisfy a tax obligation on 2026-03-01. The shares were valued at $25.36 each, for a total of $214,013. This was a tax-withholding disposition (not an open-market sale or purchase) following RSU settlement.
Key Details
- Transaction date: 2026-03-01; Price per share: $25.36; Total value withheld: $214,013.
- Transaction code: F (shares withheld to satisfy tax liability upon RSU settlement).
- Footnote: F1 — upon settlement of vested RSUs, shares were withheld to satisfy the related tax obligation.
- Filing: Form 4 filed 2026-03-03 (covers the 2026-03-01 transaction) — filed within the typical two-business-day window.
- Shares owned after transaction: Not stated in the provided excerpt of the filing.
Context
This was a routine tax-withholding event tied to RSU vesting (a cashless-like settlement where the company retains shares to cover taxes). Such withholdings are administrative and do not necessarily indicate the insider’s view of the stock.
Insider Transaction Report
Form 4
Powers John Joseph
EVP & General Counsel
Transactions
- Tax Payment
Common Stock
[F1]2026-03-01$25.36/sh−8,439$214,013→ 109,870.284 total
Holdings
- 22,287(indirect: By 401(k))
Common Stock
Footnotes (1)
- [F1]Upon settlement of vested Restricted Stock Units, shares were withheld to satisfy the related tax obligation.
Signature
/s/ Carolyn Slattery, attorney-in-fact|2026-03-03