STOCK TITAN

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

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

Rhea-AI Filing Summary

Grigsby Jennifer M reported acquisition or exercise transactions in this Form 4 filing.

First Busey Corp director Jennifer M. Grigsby received 2,865 deferred stock units of common stock as a board grant. The award vests after one year and was granted at no cash cost to her, reflecting routine director compensation rather than an open-market purchase or sale.

Following the grant, she directly holds 24,740 shares of First Busey common stock. A separate line in the filing shows 25,637 shares held indirectly through the Jennifer M. Grigsby Living Trust, highlighting both her personal and trust-based ownership stakes.

Positive

  • None.

Negative

  • None.
Insider Grigsby Jennifer M
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 2,865 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 24,740 shares (Direct); Common Stock — 25,637 shares (Indirect, Jennifer M. Grigsby Living Trust)
Footnotes (1)
  1. [object Object]
Deferred stock unit grant 2,865 units Board grant of deferred stock units vesting after one year
Direct shares after grant 24,740 shares Direct ownership of First Busey common stock following the award
Indirect shares via trust 25,637 shares Indirect ownership held by Jennifer M. Grigsby Living Trust
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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Living Trust financial
"nature_of_ownership": "Jennifer M. Grigsby Living Trust""
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*
Grigsby Jennifer M

(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$024,740D
Common Stock25,637IJennifer M. Grigsby Living Trust
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 insider transaction did Jennifer M. Grigsby report for BUSE?

Jennifer M. Grigsby reported receiving 2,865 deferred stock units of First Busey common stock. This was a board-approved grant, not an open-market purchase, and is part of her director compensation package, vesting after one year from the grant date.

Is the BUSE Form 4 transaction a stock purchase or just a grant?

The Form 4 reflects a grant of 2,865 deferred stock units, not a cash stock purchase. These units were awarded by the Board of Directors as compensation and vest after one year, so no open-market buying or selling occurred in this transaction.

How many First Busey (BUSE) shares does Jennifer Grigsby hold after this filing?

After the grant, Jennifer Grigsby directly holds 24,740 shares of First Busey common stock. The filing also shows an additional 25,637 shares held indirectly through the Jennifer M. Grigsby Living Trust, reflecting both personal and trust-based ownership positions.

What are deferred stock units in the BUSE director grant?

Deferred stock units are rights to receive shares at a future date, often used for director compensation. In this case, 2,865 units were granted to Jennifer Grigsby and will vest after one year, aligning her long-term interests with those of First Busey shareholders.

Does the BUSE Form 4 indicate any insider selling activity?

The Form 4 does not report any insider selling activity. It shows a single acquisition of 2,865 deferred stock units granted by the board, along with updated direct and indirect share holdings, making this a routine compensation-related filing rather than a sale.