STOCK TITAN

FIRST BUSEY (BUSE) EVP & General Counsel receives 7,848-share RSU equity award

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

Rhea-AI Filing Summary

Powers John Joseph reported acquisition or exercise transactions in this Form 4 filing.

FIRST BUSEY CORP executive vice president and general counsel John Joseph Powers received an equity compensation award in the form of 7,848 shares of common stock on April 1, 2026. The award is structured as Restricted Stock Units that vest in equal installments on each of the first three anniversaries of the grant date.

After this grant, Powers directly holds 116,543.2733 shares of common stock, and indirectly holds 22,287 shares through a 401(K) & Profit Sharing Plan. The grant was made at a stated price of $0.00 per share, reflecting a compensation award rather than an open-market purchase.

Positive

  • None.

Negative

  • None.

Insights

Routine equity grant increases EVP & General Counsel's stake without market buying or selling.

The filing shows FIRST BUSEY CORP awarding EVP & General Counsel John Joseph Powers 7,848 shares of common stock as Restricted Stock Units. These vest over three years, aligning a portion of his compensation with longer-term company performance rather than immediate cash pay.

This is a grant/award acquisition, not an open-market trade, so it carries limited signaling value about his short-term view of the stock. Following the grant, he directly holds 116,543.2733 shares and indirectly holds 22,287 shares via a 401(K) & Profit Sharing Plan, indicating a meaningful ongoing equity position.

Insider Powers John Joseph
Role EVP & General Counsel
Type Security Shares Price Value
Grant/Award Common Stock 7,848 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 116,543.273 shares (Direct); Common Stock — 22,287 shares (Indirect, 401(K) & P/S Plan)
Footnotes (1)
  1. [object Object]
RSU grant size 7,848 shares Restricted Stock Units granted on April 1, 2026
Grant price $0.00 per share Stated price for RSU grant
Direct holdings after grant 116,543.2733 shares Common stock directly owned after transaction
Indirect holdings 22,287 shares Shares held through 401(K) & Profit Sharing Plan
Vesting schedule 3 equal annual installments RSUs vest on each of first three anniversaries
Restricted Stock Units financial
"Represents a grant by the Board of Directors of Restricted Stock Units which vest"
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.
401(K) & P/S Plan financial
"nature_of_ownership": "401(K) & P/S Plan""
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
EVP & General Counsel financial
"officer_title": "EVP & General Counsel""
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*
Powers John Joseph

(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)
EVP & General Counsel
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 Stock04/01/2026A7,848(1)A$0116,543.2733D
Common Stock22,287I401(K) & P/S Plan
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 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-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 did John Joseph Powers acquire in the latest FIRST BUSEY (BUSE) Form 4 filing?

John Joseph Powers received a grant of 7,848 shares of FIRST BUSEY common stock as Restricted Stock Units. The award was granted at a stated price of $0.00 per share, reflecting equity-based compensation rather than an open-market stock purchase.

How do the new Restricted Stock Units for BUSE’s EVP & General Counsel vest?

The 7,848 Restricted Stock Units granted to FIRST BUSEY’s EVP & General Counsel vest in three equal installments. Vesting occurs on each of the first three anniversaries of the April 1, 2026 grant date, encouraging longer-term retention and performance alignment.

How many FIRST BUSEY (BUSE) shares does John Joseph Powers hold after this Form 4?

After the April 1, 2026 grant, John Joseph Powers directly holds 116,543.2733 shares of FIRST BUSEY common stock. He also indirectly holds 22,287 shares through a 401(K) & Profit Sharing Plan, reflecting both direct and retirement-plan-based ownership positions.

Was the BUSE Form 4 transaction an open-market stock purchase or sale?

The Form 4 shows a grant or award acquisition, not an open-market trade. The 7,848 shares of common stock were awarded at a stated price of $0.00 per share as Restricted Stock Units, so no market buying or selling activity is reported in this filing.

What role does John Joseph Powers hold at FIRST BUSEY (BUSE) in this Form 4?

In this Form 4, John Joseph Powers is identified as an officer of FIRST BUSEY with the title “EVP & General Counsel.” The reported equity award represents part of his compensation package in that senior executive and legal leadership role at the company.

What does the indirect FIRST BUSEY (BUSE) ownership entry represent in the filing?

The filing shows an indirect holding of 22,287 FIRST BUSEY shares labeled “401(K) & P/S Plan.” This indicates shares held for John Joseph Powers’ benefit through a 401(K) and Profit Sharing retirement plan, separate from his directly held common stock position.