4/A: First Busey Corp Executive Van A Dukeman Reports Tax Liability Transaction
SEC Form 4/A
Van A Dukeman, President & CEO of First Busey Corp, filed an amended SEC Form 4/A reporting a transaction related to the payment of tax liability by withholding securities.
Summary
- On July 5, 2024, Van A Dukeman, President & CEO of First Busey Corp, had shares withheld to cover tax obligations upon the vesting of restricted stock units.
- The transaction involved the withholding of 16,539 common stock shares at a price of $23.54.
- Following the transaction, Dukeman directly owns 386,277 shares of First Busey Corp common stock.
- Dukeman also indirectly owns 2,201 shares through a spouse/IRA, 13,004 shares through a 401(k) & Profit Sharing Plan, and 13,421.664 shares through an Employee Stock Purchase Plan.
Sentiment
Score: 7
Explanation: The sentiment is neutral as it reflects a standard transaction related to tax obligations. There is no indication of positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is related to an individual executive's tax obligations.
Key Dates
| Date | Description |
|---|---|
| 07/05/2024 | Date of the transaction involving the withholding of shares for tax liability. |
| 07/09/2024 | Date of original filing. |
| 07/11/2024 | Date of signature on the amended form. |
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