Fauss Amy 4
4 · FIRST BUSEY CORP /NV/ · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
First Busey (BUSE) CITO Amy Fauss Withholds 2,731 Shares for Taxes
What Happened
Amy Fauss, Chief Information & Technology Officer of First Busey Corp (BUSE), had 2,731 shares withheld to satisfy tax withholding upon the settlement of vested restricted stock units (RSUs). The withholding was recorded at $25.36 per share for a total value of $69,258. This was a tax-withholding event (routine) rather than an open-market sale or a purchase.
Key Details
- Transaction date: 2026-03-01; Form 4 filed: 2026-03-03 (appears timely).
- Shares withheld: 2,731 at $25.36 each; total value $69,258.
- Transaction code: F (shares withheld to satisfy tax liability).
- Footnote: Upon settlement of vested RSUs, shares were withheld to satisfy the related tax obligation.
- Shares owned after transaction: not specified in the information provided.
Context
This was a tax-withholding/cashless settlement of vested RSUs — the company retained shares to cover taxes rather than the insider selling shares on the open market. Such withholding is a routine administrative step and does not necessarily indicate a change in the insider’s view of the company.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-01$25.36/sh−2,731$69,258→ 91,145.46 total
- 50
Series A Non-Cumulative Perpetual Preferred Stock
- 14,303
Stock Appreciation Right
Exercise: $9.37From: 2025-03-01Exp: 2028-01-24→ Common Stock (14,303 underlying) - 5,721
Stock Appreciation Right
Exercise: $11.24From: 2025-03-01Exp: 2028-05-01→ Common Stock (5,721 underlying) - 7,787
Stock Appreciation Right
Exercise: $11.24From: 2025-03-01Exp: 2030-05-01→ Common Stock (7,787 underlying) - 17,280
Stock Appreciation Right
Exercise: $12.36From: 2025-03-01Exp: 2031-07-29→ Common Stock (17,280 underlying) - 40,050
Stock Appreciation Right
Exercise: $21.35From: 2025-03-01Exp: 2033-07-26→ Common Stock (40,050 underlying)
Footnotes (1)
- [F1]Upon settlement of vested Restricted Stock Units, shares were withheld to satisfy the related tax obligation.