First Busey director sells $43.9K in stock
A FIRST BUSEY CORP director sold 1,441 shares under a pre-arranged Rule 10b5-1 trading plan, retaining 130,012 shares afterward.
Rhea-AI Filing Summary
FIRST BUSEY CORP (BUSE) director Michael David Cassens reported selling 1,441 shares of common stock on September 15, 2026 at $30.45 per share, for about $43,878. After this transaction he holds 130,012 shares directly. The sale was made under a Rule 10b5-1 trading plan adopted on August 15, 2025.
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Insider Trade Summary 10b5-1
Net Seller: 1,441 shares
Net Sell
1 txn
Insider
Cassens Michael David
Role
Director
Sold
1,441 shs ($44K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 1,441 | $30.45 | $44K |
Holdings After Transaction:
Common Stock — 130,012 shares (Direct)
Footnotes (1)
- F1. The stock sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on August 15, 2025.
Key Figures
Shares sold: 1,441 shares
Sale price per share: $30.45 per share
Approximate transaction value: $43,878
+2 more
5 metrics
Shares sold
1,441 shares
Common stock sale reported for September 15, 2026
Sale price per share
$30.45 per share
Price for the 1,441 common shares sold on September 15, 2026
Approximate transaction value
$43,878
1,441 shares multiplied by the reported $30.45 per-share sale price
Shares held after transaction
130,012 shares
Director’s direct holdings of FIRST BUSEY CORP common stock after the sale
Rule 10b5-1 plan adoption date
August 15, 2025
Date the trading plan governing this sale was adopted
Key Terms
Rule 10b5-1 trading plan, open market or private transaction
2 terms
Rule 10b5-1 trading plan regulatory
"The stock sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on August 15, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open market or private transaction market
"Sale in open market or private transaction"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FIRST BUSEY CORP (BUSE) report for Michael David Cassens?
FIRST BUSEY CORP reported that director Michael David Cassens sold 1,441 shares of common stock on September 15, 2026 at $30.45 per share in a single transaction.
Was the BUSE insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states that the stock sale was effected pursuant to a Rule 10b5-1 trading plan that was adopted on August 15, 2025.
What is the role of Michael David Cassens at FIRST BUSEY CORP (BUSE)?
Michael David Cassens is identified in the filing as a director of FIRST BUSEY CORP.
AI-generated analysis. How Rhea-AI works. Not financial advice.