BUSE director reports Rule 10b5-1 sale of 750 shares
Rhea-AI Filing Summary
First Busey Corp (BUSE) reported an insider transaction by a director on a Form 4. On 11/14/2025, the director sold 750 shares of common stock at a price of $22.92 per share, coded as an open market sale ("S"). After this transaction, the director beneficially owned 141,531 shares, held directly. The filing notes that the stock sale was carried out under a Rule 10b5-1 trading plan adopted on August 15, 2025, which is a pre-arranged plan intended to provide an affirmative defense against insider trading claims.
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FAQ
What insider transaction did First Busey Corp (BUSE) report on this Form 4?
The Form 4 reports that a director of First Busey Corp sold 750 shares of common stock on 11/14/2025 at a price of $22.92 per share.
How many First Busey (BUSE) shares does the director own after the reported sale?
Following the reported transaction, the director beneficially owned 141,531 shares of First Busey Corp common stock, held in direct ownership.
Was the First Busey (BUSE) insider sale made under a Rule 10b5-1 plan?
Yes. The filing states that the stock sale was effected pursuant to a Rule 10b5-1 trading plan adopted on August 15, 2025.
What is the relationship of the reporting person to First Busey Corp (BUSE)?
The reporting person is identified as a director of First Busey Corp and is filing the Form 4 as a single reporting person.
What transaction code is used for the First Busey (BUSE) insider trade?
The transaction is coded as "S" in the Form 4, indicating a sale of common stock.
Is the ownership reported on the Form 4 for First Busey (BUSE) direct or indirect?
The Form 4 shows the director’s 141,531 shares as directly owned, with no indirect ownership noted in the table.