STOCK TITAN

First Busey (BUSE) EVP & General Counsel has shares withheld for tax

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

First Busey Corp executive John Joseph Powers reported a tax-related share withholding. On settlement of vested restricted stock units, 8,439 shares of common stock were withheld at a price of $25.36 per share to satisfy the related tax obligation.

After this tax-withholding disposition, Powers directly owns 109,870.2836 shares of First Busey common stock and indirectly holds 22,287 shares through a 401(K) & P/S Plan.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Powers John Joseph

(Last) (First) (Middle)
11440 TOMAHAWK CREEK PARKWAY

(Street)
LEAWOOD KS 66211

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FIRST BUSEY CORP /NV/ [ BUSE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & General Counsel
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/01/2026 F 8,439(1) D $25.36 109,870.2836 D
Common Stock 22,287 I 401(K) & P/S Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Upon settlement of vested Restricted Stock Units, shares were withheld to satisfy the related tax obligation.
Remarks:
/s/ Carolyn Slattery, attorney-in-fact 03/03/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did First Busey (BUSE) report for John Joseph Powers?

First Busey reported that John Joseph Powers had 8,439 common shares withheld to cover taxes when restricted stock units vested. This is a tax-withholding disposition, not an open market sale, and reflects settlement of equity compensation.

At what price were John Joseph Powers’ First Busey (BUSE) shares withheld for taxes?

The shares were withheld at $25.36 per share to satisfy the related tax obligation upon settlement of vested restricted stock units. This price reflects the value used for calculating the tax liability on the equity award.

How many First Busey (BUSE) shares does John Joseph Powers own after this Form 4?

After the reported transaction, John Joseph Powers directly owns 109,870.2836 First Busey common shares. He also indirectly holds 22,287 shares through a 401(K) & P/S Plan, according to the ownership information disclosed.

Was the First Busey (BUSE) Form 4 transaction a sale by John Joseph Powers?

The transaction is classified as a tax-withholding disposition, not an open market sale. Shares were withheld upon settlement of vested restricted stock units to pay the associated tax liability, a common mechanism for equity compensation.

What role does John Joseph Powers hold at First Busey (BUSE)?

John Joseph Powers serves as Executive Vice President & General Counsel at First Busey Corp. His Form 4 filing reflects equity compensation activity tied to this senior leadership position within the company.
First Busey

NASDAQ:BUSE

View BUSE Stock Overview

BUSE Rankings

BUSE Latest News

BUSE Latest SEC Filings

BUSE Stock Data

2.15B
80.78M
Banks - Regional
State Commercial Banks
Link
United States
LEAWOOD