STOCK TITAN

First Busey (BUSE) director receives 2,865 deferred stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

King Stephen V reported acquisition or exercise transactions in this Form 4 filing.

FIRST BUSEY CORP director Stephen V. King received a grant of 2,865 shares of Common Stock in the form of Deferred Stock Units awarded by the Board of Directors. The units were granted at no cash cost and vest after one year, reflecting compensation rather than an open-market purchase.

Following this award, King directly holds 35,721 common shares and also has an indirect position of 181,918 common shares through the Stephen V. King 2004 Declaration of Trust U/A 5/7/04, as reported in the filing.

Positive

  • None.

Negative

  • None.
Insider King Stephen V
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 2,865 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 35,721 shares (Direct); Common Stock — 181,918 shares (Indirect, Stephen V. King 2004 Declaration of Trust U/A 5/7/04)
Footnotes (1)
  1. [object Object]
Deferred Stock Units granted 2,865 shares Grant of Deferred Stock Units on 2026-04-01
Direct common shares after grant 35,721 shares Direct holdings of Stephen V. King after award
Indirect common shares via trust 181,918 shares Held through Stephen V. King 2004 Declaration of Trust
Grant price per share $0.0000 per share Reported value for the Deferred Stock Unit award
Deferred Stock Units financial
"Represents a grant by the Board of Directors of Deferred Stock Units which vest after one year."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
indirect financial
"total_shares_following_transaction: 181918.0000, direct_or_indirect: I, nature_of_ownership: Stephen V. King 2004 Declaration of Trust"
Declaration of Trust financial
"nature_of_ownership: Stephen V. King 2004 Declaration of Trust U/A 5/7/04"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
SEC Form 4
FORM 4UNITED 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*
King Stephen V

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock04/01/2026A2,865(1)A$035,721D
Common Stock181,918IStephen V. King 2004 Declaration of Trust U/A 5/7/04
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents a grant by the Board of Directors of Deferred Stock Units which vest after one year.
Remarks:
/s/ Carolyn Slattery, attorney-in-fact04/03/2026
** Signature of Reporting PersonDate
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 Stephen V. King acquire in the latest Form 4 for BUSE?

Stephen V. King received a grant of 2,865 Deferred Stock Units of FIRST BUSEY CORP Common Stock. The award was granted at no cash cost and is part of his director compensation, not an open-market stock purchase.

How do the 2,865 Deferred Stock Units for BUSE vest?

The 2,865 Deferred Stock Units granted to Stephen V. King vest after one year. This means he must remain eligible through that period before the units fully convert into common stock credited to his account.

How many FIRST BUSEY CORP shares does Stephen V. King hold after this grant?

After the 2,865-share grant, Stephen V. King directly holds 35,721 FIRST BUSEY CORP common shares. The filing also reports 181,918 additional common shares held indirectly through the Stephen V. King 2004 Declaration of Trust.

Is Stephen V. King’s BUSE grant an open-market stock purchase?

No. The Form 4 identifies the transaction with code A as a grant or award acquisition. The 2,865 shares were awarded by the Board as Deferred Stock Units at a reported price of $0.0000 per share, rather than bought in the market.

What does indirect ownership mean in Stephen V. King’s BUSE filing?

Indirect ownership refers to shares held through another entity rather than personally. The filing shows 181,918 FIRST BUSEY CORP common shares held indirectly through the “Stephen V. King 2004 Declaration of Trust U/A 5/7/04,” separate from his directly held shares.