Executive at FIRST BUSEY (BUSE) has shares withheld for RSU tax payment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FIRST BUSEY CORP Chief Info & Tech Officer Amy Fauss reported a compensation-related share disposition tied to tax withholding. On March 26, 2026, 1,491 shares of common stock were withheld at $24.96 per share to satisfy taxes upon settlement of vested Restricted Stock Units, according to the footnote. After this event, she directly held about 89,654.4596 common shares.
Fauss also reported several outstanding stock appreciation rights over common stock, with exercise prices ranging from $9.37 to $21.35 per share and expiration dates between 2028 and 2033, covering underlying share amounts from 5,721 to 40,050. These entries show remaining derivative-based equity incentives rather than new market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Fauss Amy
Role
Chief Info & Tech Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,491 | $24.96 | $37K |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Series A Non-Cumulative Perpetual Preferred Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 89,654.46 shares (Direct);
Stock Appreciation Right — 14,303 shares (Direct);
Series A Non-Cumulative Perpetual Preferred Stock — 50 shares (Direct)
Footnotes (1)
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Key Figures
Tax-withheld shares: 1,491 shares
Post-transaction common shares: 89,654.4596 shares
SAR exercise price: $9.37 per share
+2 more
5 metrics
Tax-withheld shares
1,491 shares
Common stock withheld at $24.96 per share for tax
Post-transaction common shares
89,654.4596 shares
Direct common stock holdings after tax withholding
SAR exercise price
$9.37 per share
Stock Appreciation Right expiring 2028-01-24 with 14,303 underlying shares
Largest SAR grant
40,050 underlying shares
Stock Appreciation Right at $21.35 per share, expiring 2033-07-26
Preferred stock holding
50 shares
Series A Non-Cumulative Perpetual Preferred Stock, direct holding
Key Terms
Stock Appreciation Right, Restricted Stock Units, tax-withholding disposition, Non-Cumulative Perpetual Preferred Stock
4 terms
Stock Appreciation Right financial
"The filing lists several Stock Appreciation Right awards over common stock"
A stock appreciation right (SAR) is a form of employee pay that gives the holder the right to receive the increase in a company's share price over a set reference price, paid in cash or shares, without having to buy stock first. It matters to investors because SARs can create future cash outflows or dilute existing shareholders if settled in stock, and they align employee incentives with share-price performance like a bonus tied to a home's price rise.
Restricted Stock Units financial
"Upon settlement of vested Restricted Stock Units, shares were withheld to satisfy tax"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"The transaction is described as a tax-withholding disposition of common shares"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Non-Cumulative Perpetual Preferred Stock financial
"She holds Series A Non-Cumulative Perpetual Preferred Stock as a direct holding"
Non-cumulative perpetual preferred stock is a type of investment that pays a fixed dividend forever, without a set end date. If the company skips some dividends in a year, you don’t get that money later, and it’s gone forever. It matters because investors get regular income but may miss out if the company faces financial trouble.
FAQ
What did FIRST BUSEY (BUSE) executive Amy Fauss report in this Form 4?
Amy Fauss reported a tax-related share disposition and updated equity holdings. 1,491 common shares were withheld to cover taxes on vested RSUs, and she now directly holds about 89,654.4596 common shares plus multiple stock appreciation right grants.
Was the FIRST BUSEY (BUSE) Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 1,491 shares were withheld at $24.96 per share to satisfy tax obligations upon RSU settlement, as described in the filing’s footnote.
What equity awards does Amy Fauss have in FIRST BUSEY (BUSE) besides common stock?
She holds several Stock Appreciation Rights over common stock. These carry exercise prices from $9.37 to $21.35 and expiration dates from 2028 through 2033, with underlying share amounts up to 40,050 per grant.
Does this FIRST BUSEY (BUSE) Form 4 suggest a change in insider sentiment?
The filing mainly reflects routine tax withholding on vested RSUs, not discretionary buying or selling. With 89,654.4596 common shares and sizable stock appreciation rights remaining, it appears as standard compensation and tax administration rather than a directional trading decision.
First Busey