Form 4: First Busey Corp Executive Amy Fauss Reports Stock Transactions
SEC Form 4
Amy Fauss, Chief Info & Tech Officer of First Busey Corp, reports the exercise of stock appreciation rights and related transactions on March 12, 2025.
Summary
- On March 12, 2025, Amy Fauss, Chief Info & Tech Officer of First Busey Corp, exercised stock appreciation rights, acquiring 9,535 shares of common stock at $11.24.
- A portion of the acquired shares (1,354) was withheld to satisfy tax obligations at a price of $21.77.
- Additionally, 4,923 shares were disposed of to settle the stock appreciation rights exercise, also at $21.77.
- Following these transactions, Fauss directly owns 82,343 shares of common stock and 50 shares of Series A Non-Cumulative Perpetual Preferred Stock.
- Fauss also holds stock appreciation rights for various amounts of common stock with expiration dates ranging from 2028 to 2033.
Sentiment
Score: 5
Explanation: This is a neutral report on insider trading activity. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date exercisable for multiple Stock Appreciation Rights. |
| 03/12/2025 | Date of stock appreciation rights exercise and related transactions. |
| 03/14/2025 | Date of signature for the report. |
| 01/24/2028 | Expiration date for Stock Appreciation Rights for 14,303 shares. |
| 05/01/2028 | Expiration date for Stock Appreciation Rights for 5,721 shares. |
| 05/01/2030 | Expiration date for Stock Appreciation Rights for 7,787 shares. |
| 07/29/2031 | Expiration date for Stock Appreciation Rights for 17,280 shares. |
| 07/26/2033 | Expiration date for Stock Appreciation Rights for 40,050 shares. |
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