Equity grant gives First Busey (BUSE) credit chief 5,887 RSUs

Rhea-AI Filing Summary

Jorstad Chip S. reported acquisition or exercise transactions in this Form 4 filing.

First Busey Corp’s Chief Credit Officer, Chip S. Jorstad, received an equity award of 5,887 shares of Common Stock on April 1, 2026 as a grant with no cash paid per share. The award represents Restricted Stock Units that vest in three equal installments on each of the first three anniversaries of the grant date.

After this grant, Jorstad directly owns a total of 64,114.356 shares of First Busey common stock. This is a compensation-related stock grant rather than an open-market purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Jorstad Chip S.

Role Chief Credit Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	5,887	$0.00	--

Holdings After Transaction: Common Stock — 64,114.356 shares (Direct)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 5,887 shares Grant price per share: $0.00 per share Shares owned after grant: 64,114.356 shares +1 more

4 metrics

Shares granted 5,887 shares Equity grant on April 1, 2026

Grant price per share $0.00 per share Compensation grant, not market purchase

Shares owned after grant 64,114.356 shares Direct ownership following the transaction

Vesting period 3 years RSUs vest in equal annual installments

Key Terms

Restricted Stock Units, grant, Chief Credit Officer

3 terms

Restricted Stock Units financial

"Represents a grant by the Board of Directors of Restricted Stock Units which vest in equal installments"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

grant financial

"Represents a grant by the Board of Directors of Restricted Stock Units"

Chief Credit Officer financial

"officer_title": "Chief Credit Officer""

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^*

Jorstad Chip S.

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

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	04/01/2026		A		5,887(1)	A	$0	64,114.356	D

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 a grant by the Board of Directors of Restricted Stock Units which vest in equal installments on each of the first three anniversaries of the grant date.

Remarks:

	/s/ Carolyn Slattery, attorney-in-fact	04/03/2026
	** 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) report for Chip S. Jorstad?

First Busey reported that Chief Credit Officer Chip S. Jorstad received a grant of 5,887 shares of Common Stock on April 1, 2026. This was a stock-based compensation award, not an open-market purchase, and increased his direct ownership in the company.

How many shares did Chip S. Jorstad receive in the latest First Busey (BUSE) equity grant?

Chip S. Jorstad received 5,887 shares in the form of a stock grant on April 1, 2026. The grant was priced at zero dollars per share as compensation and is structured as Restricted Stock Units that convert into common shares over time.

How do Chip S. Jorstad’s Restricted Stock Units from First Busey (BUSE) vest?

The Restricted Stock Units granted to Chip S. Jorstad vest in three equal installments. Vesting occurs on each of the first three anniversaries of the April 1, 2026 grant date, meaning one-third of the units becomes fully owned each year over that period.

What is Chip S. Jorstad’s total First Busey (BUSE) share ownership after this grant?

After receiving the 5,887-share grant, Chip S. Jorstad directly owns 64,114.356 shares of First Busey common stock. This figure reflects his total direct holdings following the April 1, 2026 stock-based compensation transaction disclosed in the Form 4 filing.

Was the First Busey (BUSE) transaction for Chip S. Jorstad a buy or a sale?

The transaction was neither an open-market buy nor a sale. It was a stock-based compensation event where Chip S. Jorstad acquired 5,887 shares through a grant of Restricted Stock Units awarded by the Board, with no cash paid per share.

What role does Chip S. Jorstad hold at First Busey (BUSE) in this Form 4?

In this Form 4, Chip S. Jorstad is identified as the Chief Credit Officer of First Busey Corp. The reported transaction reflects compensation for his executive role, delivered through a grant of Restricted Stock Units that vest over three years.