FIRST BUSEY (BUSE) EVP Bowe has RSU shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FIRST BUSEY CORP EVP Chief Risk Officer Monica L. Bowe reported a routine tax-related share disposition. On settlement of vested Restricted Stock Units, 1,359 shares of Common Stock were withheld on March 26, 2026 at $24.96 per share to cover tax obligations. After this withholding, Bowe directly holds 54,517.7179 shares of Common Stock. This was not an open-market purchase or sale but an automatic tax-withholding transaction tied to equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bowe Monica L
Role
EVP Chief Risk Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,359 | $24.96 | $34K |
Holdings After Transaction:
Common Stock — 54,517.718 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 1,359 shares
Withholding price per share: $24.96 per share
Shares held after transaction: 54,517.7179 shares
+1 more
4 metrics
Shares withheld for taxes
1,359 shares
Withheld upon RSU settlement on March 26, 2026
Withholding price per share
$24.96 per share
Value applied to withheld Common Stock shares
Shares held after transaction
54,517.7179 shares
Direct Common Stock holdings post-withholding
Transaction type
Tax-withholding disposition (Code F)
Payment of tax liability by delivering securities
Key Terms
Restricted Stock Units, tax-withholding disposition, Common Stock, transaction code F
4 terms
Restricted Stock Units financial
"Upon settlement of vested Restricted Stock Units, shares were withheld"
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
"transaction_action": "tax-withholding disposition""
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.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
transaction code F regulatory
"transaction_code": "F""
FAQ
What insider transaction did FIRST BUSEY (BUSE) report for Monica L. Bowe?
FIRST BUSEY reported a tax-related share disposition by EVP Chief Risk Officer Monica L. Bowe. On March 26, 2026, 1,359 Common Stock shares were withheld upon settlement of vested Restricted Stock Units to satisfy associated tax obligations, rather than through an open-market sale.
Was the FIRST BUSEY (BUSE) insider transaction an open-market sale?
The transaction was not an open-market sale. Shares were withheld by the company to pay taxes when Restricted Stock Units vested. This tax-withholding mechanism is common in equity compensation plans and does not represent a discretionary decision to sell shares in the market.
What does transaction code F mean in the FIRST BUSEY (BUSE) Form 4 filing?
Transaction code F indicates a tax-withholding disposition. In this FIRST BUSEY filing, shares of Common Stock were withheld when Restricted Stock Units settled, serving as payment for Monica L. Bowe’s tax liability instead of an elective sale into the open market.