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First Busey Corp (BUSE) CFO reports 286 dividend equivalent rights award

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

First Busey Corp Chief Financial Officer Christopher H.M. Chan acquired 286 common-stock equivalent rights on July 31, 2026, as dividend equivalent rights accrued on Restricted Stock Units in connection with a cash dividend. Following this award, his directly held common stock position is 34,250 shares; the grant carried a stated price of $0.0000 per share and was not reported under a Rule 10b5-1 trading plan.

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Insider Chan Christopher H.M.
Role Chief Financial Officer
Type Security Shares Price Value
Grant/Award Common Stock F1 286 $0.00 $0.00
Holdings After Transaction: Common Stock — 34,250 shares (Direct)
Footnotes (1)
  1. F1. 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.
Shares acquired 286 shares Grant/award acquisition on July 31, 2026 as dividend equivalent rights
Price per share $0.0000 Stated transaction price for the award of dividend equivalent rights
Shares held after 34,250 shares Direct common stock holdings of the CFO following the transaction
Transaction date July 31, 2026 Date on which the dividend equivalent rights were accrued
Dividend right ratio 1 right per 1 share Each dividend equivalent right is the economic equivalent of one common share
dividend equivalent rights financial
"Represents dividend equivalent rights accrued on Restricted Stock Units in connection"
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
"Represents dividend equivalent rights accrued on Restricted Stock Units in connection"
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.
cash dividend financial
"accrued on Restricted Stock Units in connection with the payment of a cash dividend"
A cash dividend is a payment made by a company to its shareholders directly in money, usually on a regular schedule. It is a way for investors to receive a portion of the company's profits, similar to earning interest or a bonus for holding the company's stock. Cash dividends provide income to shareholders and can indicate the company's financial health and stability.

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

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FAQ

What insider transaction did First Busey (BUSE) report for its CFO?

First Busey reported that CFO Christopher H.M. Chan acquired 286 common-stock equivalent rights. These were recorded as dividend equivalent rights accrued on Restricted Stock Units in connection with a cash dividend on First Busey Corporation common stock.

When did the BUSE CFO receive the 286 dividend equivalent rights and at what price?

The CFO’s award was dated July 31, 2026, covering 286 dividend equivalent rights with a stated transaction price of $0.0000 per share. The rights arose from a cash dividend paid on First Busey Corporation common stock.

How many First Busey (BUSE) common shares does the CFO hold after this Form 4?

After the reported award, CFO Christopher H.M. Chan directly holds 34,250 shares of First Busey common stock. This figure reflects his direct ownership position following the accrual of the 286 dividend equivalent rights tied to Restricted Stock Units.

Were the BUSE CFO’s reported transactions under a Rule 10b5-1 trading plan?

No. The filing indicates the Rule 10b5-1 checkbox was not selected, meaning the reported acquisition of dividend equivalent rights was not made pursuant to an affirmed 10b5-1 trading plan or pre-arranged trading arrangement.

What are the dividend equivalent rights mentioned in the First Busey (BUSE) Form 4?

The filing explains that dividend equivalent rights were accrued on Restricted Stock Units when a cash dividend was paid. Each dividend equivalent right is described as the economic equivalent of one share of First Busey Corporation common stock.
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*
Chan Christopher H.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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial 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)
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 Stock07/31/2026A286(1)A$034,250D
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 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-fact08/04/2026
** 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)