First Busey (NASDAQ: BUSE) CAO logs RSU tax withholding and share grant

Rhea-AI Filing Summary

First Busey Corp Chief Accounting Officer Scott A. Phillips reported routine equity compensation activity. On January 30, 2026, he acquired 53.0626 shares of common stock at $24.80 per share through dividend reinvestment in the Employee Stock Purchase Plan. On March 26, 2026, 288 shares of common stock were withheld at $24.96 per share to cover taxes upon settlement of vested Restricted Stock Units.

After these transactions, he directly holds 15,137.5623 shares of First Busey common stock and 3,350 Depositary Shares, each representing a 1/40th interest in a share of the company’s 8.25% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series B.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Phillips Scott A.

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	288	$24.96	$7K
Grant/Award	Common Stock	53.063	$24.80	$1K
holding	Depositary Shares, 1/40 interest in Series B Preferred Stock	--	--	--

Holdings After Transaction: Common Stock — 15,137.562 shares (Direct); Depositary Shares, 1/40 interest in Series B Preferred Stock — 3,350 shares (Direct)

Footnotes (1)

1. Shares were acquired through dividend reinvestment in the First Busey Corporation Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(c) and Rule 16b-3(d). Upon settlement of vested Restricted Stock Units, shares were withheld to satisfy the related tax obligation. Each Depositary Share represents a 1/40th interest in a share of the issuer's 8.25% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series B, par value $0.01 per share.

Key Figures

Tax-withheld shares: 288 shares at $24.96 Dividend reinvestment acquisition: 53.0626 shares at $24.80 Common shares held: 15,137.5623 shares +2 more

5 metrics

Tax-withheld shares 288 shares at $24.96 Common stock withheld on March 26, 2026 for RSU taxes

Dividend reinvestment acquisition 53.0626 shares at $24.80 Common stock acquired January 30, 2026 via ESPP dividend reinvestment

Common shares held 15,137.5623 shares Direct First Busey common stock holdings after reported transactions

Depositary Shares held 3,350 Depositary Shares Each represents 1/40th interest in Series B Preferred Stock

Series B preferred rate 8.25% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series B dividend rate

Key Terms

Restricted Stock Units, dividend reinvestment, Employee Stock Purchase Plan, Depositary Share, +1 more

5 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.

dividend reinvestment financial

"Shares were acquired through dividend reinvestment in the First Busey Corporation Employee Stock Purchase Plan"

Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.

Employee Stock Purchase Plan financial

"dividend reinvestment in the First Busey Corporation Employee Stock Purchase Plan"

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

Depositary Share financial

"Each Depositary Share represents a 1/40th interest in a share"

A depositary share is a special type of stock that represents ownership in a company but is traded on the stock market like regular shares. It often makes it easier for people to buy and sell shares of companies from other countries or smaller companies that don’t list directly on big exchanges.

Non-Cumulative Perpetual Preferred Stock financial

"issuer's 8.25% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series B"

Non-cumulative perpetual preferred stock is a type of investment that pays a fixed dividend forever, without a set end date. If the company skips some dividends in a year, you don’t get that money later, and it’s gone forever. It matters because investors get regular income but may miss out if the company faces financial trouble.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Phillips Scott A.

(Last) (First) (Middle)

11440 TOMAHAWK CREEK PARKWAY

(Street)

LEAWOOD KANSAS 66211

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FIRST BUSEY CORP /NV/ [ BUSE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/30/2026		A	V	53.0626(1)	A	$24.8	15,425.5623	D
Common Stock	03/26/2026		F		288(2)	D	$24.96	15,137.5623	D
Depositary Shares, 1/40 interest in Series B Preferred Stock(3)								3,350	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares were acquired through dividend reinvestment in the First Busey Corporation Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(c) and Rule 16b-3(d).

2. Upon settlement of vested Restricted Stock Units, shares were withheld to satisfy the related tax obligation.

3. Each Depositary Share represents a 1/40th interest in a share of the issuer's 8.25% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series B, par value $0.01 per share.

Remarks:

	/s/ Carolyn Slattery, attorney-in-fact	03/30/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did First Busey (BUSE) executive Scott A. Phillips report in this Form 4?

Scott A. Phillips reported routine equity compensation activity. He received common shares via dividend reinvestment and had shares withheld to pay taxes on vested Restricted Stock Units, leaving him with over 15,000 common shares directly held.

How many First Busey (BUSE) shares were withheld for Scott Phillips’ tax obligations?

A total of 288 common shares were withheld at $24.96 per share. These shares covered tax obligations arising when Phillips’ Restricted Stock Units vested and settled, a standard non-market transaction rather than an open-market share sale.

How many First Busey (BUSE) common shares does Scott Phillips hold after these transactions?

After the reported transactions, Scott Phillips directly holds 15,137.5623 First Busey common shares. This figure reflects both the dividend reinvestment acquisition and the tax-withholding disposition tied to his equity compensation.

What common stock did Scott Phillips acquire in the First Busey (BUSE) Employee Stock Purchase Plan?

Phillips acquired 53.0626 common shares at $24.80 per share through dividend reinvestment in the First Busey Corporation Employee Stock Purchase Plan. This transaction was exempt under Rule 16b-3(c) and Rule 16b-3(d) governing certain insider equity awards.

What preferred-related holdings does Scott Phillips report in First Busey (BUSE)?

Phillips reports holding 3,350 Depositary Shares, each representing a 1/40th interest in a share of First Busey’s 8.25% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series B, with a par value of $0.01 per share.

Does this First Busey (BUSE) Form 4 show open-market buying or selling by Scott Phillips?

The Form 4 does not show open-market trades. It reflects a grant via dividend reinvestment and a tax-withholding disposition when Restricted Stock Units vested, both routine compensation-related transactions rather than discretionary market purchases or sales.