BUSE insider adds 1,350 Depositary Shares; 96 common via DERs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
First Busey Corp (BUSE) reported insider activity by its CAO. On 10/31/2025, the officer acquired 96 shares of common stock at $0, reflecting dividend equivalent rights credited on restricted stock units tied to a cash dividend. The officer also purchased 1,350 Depositary Shares representing a 1/40th interest in the company’s 8.25% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series B at a weighted average price of $25.6367, executed across trades from $25.63 to $25.65.
Following these transactions, directly held positions were 15,995.5334 shares of common stock and 2,350 Depositary Shares. These updates reflect personal holdings changes and do not indicate a capital raise by the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,350 shares ($34,610)
Net Buy
2 txns
Insider
Phillips Scott A.
Role
CAO
Bought
1,350 shs ($35K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 96 | $0.00 | -- |
| Purchase | Depositary Shares, 1/40 interest in Series B Preferred Stock | 1,350 | $25.6367 | $35K |
Holdings After Transaction:
Common Stock — 15,995.533 shares (Direct);
Depositary Shares, 1/40 interest in Series B Preferred Stock — 2,350 shares (Direct)
Footnotes (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. Each Depositary Share represents a 1/40th interest in a share of the issuer's 8.25% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series B, par value $0.01 per share. The price reported above reflects the weighted average purchase price. The purchase was executed in multiple trades at prices ranging from $25.63 to $25.65, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares purchased at each separate price within the range set forth in this footnote (3) to this Form 4.