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First Busey (BUSE) EVP records tax and dividend share moves

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

Rhea-AI Filing Summary

First Busey EVP & General Counsel John Joseph Powers reported routine stock movements tied to compensation and dividend programs, not open-market trading. On January 30, 2026, he acquired 183.9897 shares of common stock at $24.80 per share through dividend reinvestment in the Employee Stock Purchase Plan.

On March 26, 2026, 1,359 shares of common stock were disposed of at $24.96 per share to cover tax obligations upon settlement of vested Restricted Stock Units. After these transactions, he directly owns 108,695.2733 shares of First Busey common stock.

Positive

  • None.

Negative

  • None.
Insider Powers John Joseph
Role EVP & General Counsel
Type Security Shares Price Value
Tax Withholding Common Stock 1,359 $24.96 $34K
Grant/Award Common Stock 183.99 $24.80 $5K
Holdings After Transaction: Common Stock — 108,695.273 shares (Direct)
Footnotes (1)
  1. Shares were acquired through dividend reinvestment in the First Busey Corporation Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(c) and Rule 16b-3(d). Upon settlement of vested Restricted Stock Units, shares were withheld to satisfy the related tax obligation.
Dividend reinvestment shares 183.9897 shares Acquired at $24.80 on January 30, 2026 via ESPP dividend reinvestment
Tax-withholding shares 1,359 shares Disposed at $24.96 on March 26, 2026 to cover RSU taxes
Share price (dividend reinvestment) $24.80 per share Price for 183.9897 shares acquired January 30, 2026
Share price (tax withholding) $24.96 per share Value for 1,359 shares withheld March 26, 2026
Shares owned after transactions 108,695.2733 shares Direct ownership after March 26, 2026 activity
Employee Stock Purchase Plan financial
"Shares were acquired through dividend reinvestment in 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.
Restricted Stock Units financial
"Upon settlement of vested Restricted Stock Units, shares were withheld to satisfy the related tax obligation"
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.
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)"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
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)
01/30/2026
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 Stock01/30/2026AV183.9897(1)A$24.8110,054.2733D
Common Stock03/26/2026F1,359(2)D$24.96108,695.2733D
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. Shares were acquired through dividend reinvestment in 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. Upon settlement of vested Restricted Stock Units, shares were withheld to satisfy the related tax obligation.
Remarks:
/s/ Carolyn Slattery, attorney-in-fact03/30/2026
** 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 transactions did First Busey (BUSE) report for John Joseph Powers?

First Busey reported that EVP & General Counsel John Joseph Powers received 183.9897 shares via dividend reinvestment and had 1,359 shares withheld to cover taxes on vested Restricted Stock Units. These are compensation-related and plan-based, not open-market buy or sell trades.

Were John Joseph Powers’ Form 4 transactions in BUSE stock open-market buys or sells?

The reported transactions were not open-market trades. Shares were acquired through dividend reinvestment in an Employee Stock Purchase Plan and disposed of solely to satisfy tax obligations on vested Restricted Stock Units, indicating routine administrative movements rather than discretionary buying or selling.

How many First Busey (BUSE) shares does John Joseph Powers hold after these transactions?

After the reported activity, John Joseph Powers directly owns 108,695.2733 shares of First Busey common stock. This figure reflects both the dividend reinvestment acquisition and the tax-withholding disposition related to Restricted Stock Units settling into common shares.

What does the tax-withholding disposition mean in the First Busey Form 4 filing?

The tax-withholding disposition reflects 1,359 shares withheld upon settlement of vested Restricted Stock Units to cover related tax obligations. This is coded as an F transaction and represents an administrative transfer to satisfy taxes, not a discretionary sale in the open market.

How were the additional BUSE shares acquired by John Joseph Powers on January 30, 2026?

He acquired 183.9897 First Busey common shares through dividend reinvestment in the First Busey Corporation Employee Stock Purchase Plan. The shares were credited at $24.80 per share in transactions exempt under Rule 16b-3(c) and Rule 16b-3(d), reflecting routine compensation-related activity.
First Busey

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