STOCK TITAN

Deferred stock grant lifts First Busey (BUSE) director holdings

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

Rhea-AI Filing Summary

FIRST BUSEY CORP director Michael David Cassens reported an equity compensation grant. On April 1, 2026, he acquired 2,865 shares of Common Stock at no cost through a Board-approved grant of Deferred Stock Units that vest after one year. Following this award, his directly held position is 141,638 shares.

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Insider Cassens Michael David
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 2,865 $0.00 --
Holdings After Transaction: Common Stock — 141,638 shares (Direct)
Footnotes (1)
  1. [object Object]
Deferred Stock Units granted 2,865 shares Equity award to director on April 1, 2026
Price per share for grant $0.00 per share Cost of awarded Common Stock
Shares held after transaction 141,638 shares Director’s direct Common Stock holdings post-grant
Vesting period One year Deferred Stock Units vest after one year
Transaction code A Grant, award, or other acquisition of Common Stock
Transaction date April 1, 2026 Date of Deferred Stock Unit grant
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.
Common Stock financial
"security_title: Common Stock reported as acquired at $0.0000 per share."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition regulatory
"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*
Cassens Michael David

(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$0141,638D
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 First Busey (BUSE) director Michael David Cassens report?

Michael David Cassens reported receiving 2,865 shares of First Busey Common Stock as a grant, not a market purchase. The award was in the form of Deferred Stock Units that vest after one year, increasing his direct holdings to 141,638 shares.

Was the First Busey (BUSE) Form 4 transaction a stock purchase or a grant?

The Form 4 shows a grant, not a purchase. Cassens acquired 2,865 shares at a price of $0.00 per share as a Board-approved Deferred Stock Unit award, reflecting routine director compensation rather than an open-market buy or sell transaction.

How many First Busey (BUSE) shares does Michael David Cassens hold after this Form 4?

After the reported grant, Michael David Cassens directly holds 141,638 shares of First Busey Common Stock. This total includes the newly awarded 2,865 Deferred Stock Units, which are scheduled to vest after one year from the grant date.

What are the key details of the Deferred Stock Units granted by First Busey (BUSE)?

The Board granted Cassens 2,865 Deferred Stock Units that convert into Common Stock. These units vest after one year, providing equity-based compensation without immediate cash cost, and are reported as an acquisition of Common Stock at $0.00 per share.

Does the First Busey (BUSE) Form 4 indicate any insider stock sales?

No insider stock sales are reported in this Form 4. The filing only shows an acquisition of 2,865 shares through a Deferred Stock Unit grant, with no transactions coded as sales or dispositions of First Busey Common Stock by Michael David Cassens.