Form 4: First Busey EVP Chief Risk Officer Sells Shares for Tax
Insider Transaction Report
Monica L. Bowe, EVP Chief Risk Officer of First Busey Corp, disposed of 1,359 shares of common stock to cover tax obligations from vested restricted stock units.
Summary
- Monica L. Bowe, the Executive Vice President and Chief Risk Officer of First Busey Corp (BUSE), reported a transaction on March 26, 2026.
- The transaction involved the disposition of 1,359 shares of common stock.
- These shares were withheld to satisfy tax obligations upon the settlement of vested Restricted Stock Units.
- The shares were disposed of at a price of $24.96 per share.
- Following this transaction, Monica L. Bowe beneficially owns 54,517.7179 shares of First Busey Corp common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the disposition of shares was for tax withholding purposes upon the vesting of restricted stock units, which is a routine, non-discretionary transaction for executives.
Future Outlook
This filing does not contain any forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that insider transactions, particularly those related to tax withholdings upon vesting of equity awards, are common occurrences in the financial industry and generally do not reflect a change in management's outlook on the company's performance or stock value. This is a routine compliance filing.
Stakeholder Impact
- Shareholders: Minimal impact, as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in management's confidence or strategic direction.
Key Dates
| Date | Description |
|---|---|
| 03/26/2026 | Date of transaction where shares were disposed of for tax obligations. |
| 03/30/2026 | Date the Form 4 was signed by Carolyn Slattery, attorney-in-fact. |
Keywords
First Busey Corp, BUSE, Monica L Bowe, Insider Transaction, Form 4, Stock Sale, Tax Withholding, Restricted Stock Units
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