Director at First Busey (BUSE) sells shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
First Busey Corp. director Michael David Cassens reported an open-market sale of 750 shares of Common Stock at $26.61 per share. The transaction was executed under a Rule 10b5-1 trading plan adopted on August 15, 2025. Following this sale, he holds 139,523 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 750 shares ($19,958)
Net Sell
1 txn
Insider
Cassens Michael David
Role
Director
Sold
750 shs ($20K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 750 | $26.61 | $20K |
Holdings After Transaction:
Common Stock — 139,523 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did First Busey (BUSE) report on this Form 4?
The filing reports that director Michael David Cassens sold 750 shares of First Busey Common Stock in an open-market transaction at $26.61 per share, reducing but not eliminating his direct ownership stake in the company.
Who is the insider involved in the latest First Busey (BUSE) Form 4?
The insider is Michael David Cassens, a director of First Busey Corp. He reported one transaction involving the sale of 750 shares of Common Stock in an open-market or private transaction, as detailed in the Form 4 disclosure.
Was the First Busey (BUSE) insider sale under a Rule 10b5-1 trading plan?
Yes. A footnote explains the stock sale was executed under a Rule 10b5-1 trading plan adopted on August 15, 2025. Such plans pre-schedule trades, helping separate routine diversification from discretionary insider timing decisions.