First Busey officer acquires stock and dividend rights

First Busey Corporation reported that Chief Credit Officer Chip S. Jorstad acquired 268.5096 shares of Common Stock on 2026-06-30 through the Employee Stock Purchase Plan at $21.6580 per share, in transactions exempt under Rule 16b-3(c) and Rule 16b-3(d).

Rhea-AI Filing Summary

First Busey Corporation reported that Chief Credit Officer Chip S. Jorstad acquired 268.5096 shares of Common Stock on 2026-06-30 through the Employee Stock Purchase Plan at $21.6580 per share, in transactions exempt under Rule 16b-3(c) and Rule 16b-3(d). On 2026-07-31, he also received 207.0000 dividend equivalent rights on restricted stock units, each economically equivalent to one share of common stock.

Insider Trade Summary

Grant/Award: 475.5096 shares

Grant/Award 2 txns

Insider Jorstad Chip S.

Role Chief Credit Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F2	207	$0.00	$0.00
Grant/Award	Common Stock F1	268.5096	$21.658	$6K

Holdings After Transaction: Common Stock — 65,257.2562 shares (Direct)

Footnotes (2)

1. F1. Shares were purchased through the First Busey Corporation Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(c) and Rule 16b-3(d).
2. F2. Represents dividend equivalent rights accrued on Restricted 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.

Key Figures

ESPP shares acquired: 268.5096 shares ESPP purchase price: $21.6580 per share Dividend equivalent rights: 207.0000 rights

3 metrics

ESPP shares acquired 268.5096 shares Common Stock acquired on 2026-06-30 via Employee Stock Purchase Plan

ESPP purchase price $21.6580 per share Price for ESPP acquisition of 268.5096 shares on 2026-06-30

Dividend equivalent rights 207.0000 rights Rights accrued on restricted stock units on 2026-07-31, each equal to one share

Key Terms

Employee Stock Purchase Plan, Rule 16b-3(c), Rule 16b-3(d), dividend equivalent rights, +1 more

5 terms

Employee Stock Purchase Plan financial

"Shares were purchased through the First Busey Corporation Employee Stock Purchase Plan"

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

Rule 16b-3(c) regulatory

"transactions that were exempt under both Rule 16b-3(c) and Rule 16b-3(d)"

An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.

Rule 16b-3(d) regulatory

"transactions that were exempt under both Rule 16b-3(c) and Rule 16b-3(d)"

Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.

dividend equivalent rights financial

"Represents dividend equivalent rights accrued on Restricted 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.

Restricted Stock Units financial

"dividend equivalent rights accrued on Restricted Stock Units in connection with the payment"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did BUSE’s Chief Credit Officer report?

Chip S. Jorstad reported acquiring 268.5096 shares of First Busey Common Stock through the Employee Stock Purchase Plan and receiving 207.0000 dividend equivalent rights tied to restricted stock units, reflecting compensation-related equity additions rather than open-market trading.

How many First Busey (BUSE) shares were acquired through the Employee Stock Purchase Plan?

Jorstad acquired 268.5096 shares of First Busey Common Stock on 2026-06-30 through the company’s Employee Stock Purchase Plan at a price of $21.6580 per share, according to the Form 4 footnote describing the ESPP transaction.

At what price were the ESPP shares acquired in the BUSE Form 4 filing?

The Employee Stock Purchase Plan acquisition was priced at $21.6580 per share for 268.5096 shares on 2026-06-30. The filing notes these ESPP purchases were conducted in transactions exempt under Rule 16b-3(c) and Rule 16b-3(d).

What are the 207 dividend equivalent rights reported for First Busey (BUSE)?

The 207.0000 dividend equivalent rights represent amounts accrued on restricted stock units when a cash dividend was paid on First Busey Common Stock. Each right is described as the economic equivalent of one share of First Busey Common Stock.

Were the BUSE insider ESPP purchases made under Rule 16b-3 exemptions?

Yes. The Form 4 specifies that the ESPP shares were purchased in transactions exempt under Rule 16b-3(c) and Rule 16b-3(d), indicating these acquisitions are treated as board-approved, compensation-related transactions for Section 16 purposes rather than ordinary open-market trades.

Do the reported First Busey (BUSE) transactions involve a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and the footnotes describe the acquisitions as ESPP purchases and dividend equivalent rights, with no reference to any 10b5-1 trading plan governing the timing of these transactions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 08/04/2026 - 05:58 PM Accepted by SEC EDGAR 08/04/2026 - 05:58 PM Learn about SEC filing dates

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)
07/31/2026

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	06/30/2026		A	V	268.5096(1)	A	$21.658	65,050.2562	D
Common Stock	07/31/2026		A		207(2)	A	$0	65,257.2562	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. Shares were purchased through the First Busey Corporation Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(c) and Rule 16b-3(d).

2. Represents dividend equivalent rights accrued on Restricted 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/ Catherine Alqallaf, attorney-in-fact	08/04/2026
	** 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)