Dividend equivalents boost First Busey (BUSE) director Rauckman holdings

Rhea-AI Filing Summary

RAUCKMAN KEVIN reported acquisition or exercise transactions in this Form 4 filing.

First Busey Corp. director Kevin Rauckman reported a small equity-based compensation change. He received 62 dividend equivalent rights on Deferred Stock Units, each economically equal to one share of First Busey common stock, in connection with a cash dividend.

After this award, he directly holds 12,287 shares of common stock. A trust associated with him, the Kevin S. Rauckman Trust, indirectly holds 36,946 shares of common stock and 250 shares of Series A Non-Cumulative Perpetual Preferred Stock. The filing does not show any open-market buys or sells.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider RAUCKMAN KEVIN

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	62	$0.00	--
holding	Common Stock	--	--	--
holding	Series A Non-Cumulative Perpetual Preferred Stock	--	--	--

Holdings After Transaction: Common Stock — 12,287 shares (Direct, null); Common Stock — 36,946 shares (Indirect, Kevin S. Rauckman Trust); Series A Non-Cumulative Perpetual Preferred Stock — 250 shares (Indirect, Kevin S. Rauckman Trust)

Footnotes (1)

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Key Figures

Dividend equivalent rights granted: 62 rights Direct common stock holdings: 12,287 shares Indirect common stock holdings: 36,946 shares +2 more

5 metrics

Dividend equivalent rights granted 62 rights Accrued on Deferred Stock Units with cash dividend

Direct common stock holdings 12,287 shares Common stock held directly after transaction

Indirect common stock holdings 36,946 shares Common stock held by Kevin S. Rauckman Trust

Indirect preferred stock holdings 250 shares Series A Non-Cumulative Perpetual Preferred Stock via trust

Grant price per share $0.00 per share Dividend equivalent rights credited at no purchase price

Key Terms

Series A Non-Cumulative Perpetual Preferred Stock, dividend equivalent rights, Deferred Stock Units, economic equivalent

4 terms

Series A Non-Cumulative Perpetual Preferred Stock financial

"security_title: "Series A Non-Cumulative Perpetual Preferred Stock""

dividend equivalent rights financial

"Represents dividend equivalent rights accrued on Deferred Stock Units"

Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.

Deferred Stock Units financial

"dividend equivalent rights accrued on Deferred Stock Units in connection"

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.

economic equivalent financial

"Each dividend equivalent right is the economic equivalent of one share"

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^*

RAUCKMAN KEVIN

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

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	05/01/2026		A		62(1)	A	$0	12,287	D
Common Stock								36,946	I	Kevin S. Rauckman Trust
Series A Non-Cumulative Perpetual Preferred Stock								250	I	Kevin S. Rauckman 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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents dividend equivalent rights accrued on Deferred Stock Units in connection with the payment of a cash dividend on First Busey Corporation Common Stock. Each dividend equivalent right is the economic equivalent of one share of First Busey Corporation Common Stock.

Remarks:

	/s/ Carolyn Slattery, attorney-in-fact	05/05/2026
	** 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 insider transaction did First Busey (BUSE) director Kevin Rauckman report?

Kevin Rauckman reported receiving 62 dividend equivalent rights tied to Deferred Stock Units, each economically equal to one First Busey common share. This reflects a compensation-related share accrual rather than an open-market purchase or sale.

How many First Busey (BUSE) common shares does Kevin Rauckman now hold directly?

Following the reported award, Kevin Rauckman directly holds 12,287 shares of First Busey common stock. This direct position is separate from additional indirect holdings held through the Kevin S. Rauckman Trust, as disclosed in the filing.

What indirect holdings in First Busey (BUSE) does the Kevin S. Rauckman Trust report?

The Kevin S. Rauckman Trust indirectly holds 36,946 shares of First Busey common stock and 250 shares of Series A Non-Cumulative Perpetual Preferred Stock. These indirect positions are attributed to the trust rather than to Rauckman personally.

Were there any open-market buys or sells by Kevin Rauckman in this Form 4?

The Form 4 does not show any open-market purchases or sales. It reports a grant of 62 dividend equivalent rights as compensation and lists updated direct and indirect holdings, without recording share purchases or sales on the market.

What are dividend equivalent rights in the context of First Busey (BUSE)?

Dividend equivalent rights are amounts credited on Deferred Stock Units when First Busey pays a cash dividend on its common stock. Each right in this filing is the economic equivalent of one common share, increasing Rauckman’s equity-linked compensation balance.

Why were 62 dividend equivalent rights credited to Kevin Rauckman at First Busey (BUSE)?

The 62 dividend equivalent rights accrued on Rauckman’s Deferred Stock Units in connection with a cash dividend paid on First Busey common stock. This mechanism aligns deferred equity compensation with the company’s dividend payments over time.