4/A: First Busey Corp: Officer Phillips Settles Tax Obligations with Stock
SEC Form 4/A
Scott A. Phillips, Principal Accounting Officer of First Busey Corp, settled a tax liability by withholding shares incident to the vesting of a security.
Summary
- On July 5, 2024, Scott A. Phillips, Principal Accounting Officer of First Busey Corp, had shares withheld to cover tax obligations related to the vesting of restricted stock units.
- A total of 161 shares of common stock were withheld at a price of $23.54 per share.
- Following the transaction, Phillips directly owns 6,254.6595 shares of First Busey Corp common stock and indirectly owns 3,196.188 shares through the Employee Stock Purchase Plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reflects a standard transaction related to tax obligations.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 07/05/2024 | Date of transaction: shares withheld for tax obligations. |
| 07/09/2024 | Date of original filing (amended). |
| 07/11/2024 | Date of signature on the amended form. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.