Randolph Amy L 4
Research Summary
AI-generated summary
FIRST BUSEY (BUSE) COO Amy L. Randolph Withheld 1,831 Shares for Taxes
What Happened
Amy L. Randolph, Chief Operating Officer of First Busey Corp (BUSE), had 1,831 shares withheld to satisfy tax withholding related to the settlement of vested restricted stock units (RSUs). The withholding was recorded at $24.96 per share, totaling $45,702. This transaction is a tax-withholding disposition (code F), not an open-market sale or purchase.
Key Details
- Transaction date: 2026-03-26; Filing date: 2026-03-30 (filed within the 2-business-day reporting window).
- Shares withheld/disposed: 1,831 at $24.96 per share, total value $45,702.
- Transaction code: F — shares withheld to satisfy tax obligations upon RSU settlement (footnote F1).
- Shares owned after the transaction: not disclosed in this Form 4 filing.
Context
Withholding shares to cover taxes is a common, routine administrative step when RSUs vest and does not by itself signal the insider’s view on the company’s stock. This was effectively a cashless tax withholding upon RSU settlement rather than a sale intended to realize gains.