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FIRST BUSEY CORP /NV/·4

Mar 3, 5:02 PM ET

Powers John Joseph 4

Research Summary

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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.