STOCK TITAN

First Busey Corp (BUSE) awards counsel 94 dividend equivalent shares

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Peluso Michael A reported acquisition or exercise transactions in this Form 4 filing.

First Busey Corp reported that General Counsel Michael A Peluso received a grant of 94.0000 shares of common stock on 2026-07-31 through dividend equivalent rights accrued on Restricted Stock Units after a cash dividend, increasing his direct holdings to 27,662.0252 shares.

Positive

  • None.

Negative

  • None.
Insider Peluso Michael A
Role General Counsel
Type Security Shares Price Value
Grant/Award Common Stock F1 94 $0.00 $0.00
Holdings After Transaction: Common Stock — 27,662.0252 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 94.0000 shares Dividend equivalent rights accrued on RSUs on 2026-07-31
Price per share $0.0000 Grant/award acquisition of common stock equivalents
Shares owned after transaction 27,662.0252 shares Direct holdings of Michael A Peluso following the grant
Transaction date 2026-07-31 Date dividend equivalent rights were credited on RSUs
dividend equivalent rights financial
"Represents dividend equivalent rights accrued on Restricted Stock Units"
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
"rights accrued on Restricted Stock Units in connection with the payment"
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.
economic equivalent financial
"Each dividend equivalent right is the economic equivalent of one share"

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What insider transaction did First Busey (BUSE) disclose for Michael A Peluso?

Michael A Peluso, First Busey’s General Counsel, received a grant of 94.0000 common stock equivalents on 2026-07-31 via dividend equivalent rights accrued on his Restricted Stock Units after a cash dividend.

How many First Busey (BUSE) shares does Michael A Peluso own after this transaction?

After receiving 94.0000 dividend equivalent rights, Michael A Peluso directly holds 27,662.0252 shares of First Busey common stock, as reported in connection with the July 31, 2026 grant event.

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

The filing explains that dividend equivalent rights accrued on Restricted Stock Units when a cash dividend was paid, and each right is the economic equivalent of one share of First Busey common stock for Michael A Peluso.

Did Michael A Peluso buy First Busey (BUSE) shares on the open market?

No, the transaction is coded as a grant or award acquisition. The 94.0000 shares reflect dividend equivalent rights credited on Restricted Stock Units, with a reported price of $0.0000 per share, not an open-market purchase.

At what price were the new First Busey (BUSE) shares credited to Michael A Peluso?

The 94.0000 common stock equivalents tied to dividend equivalent rights were reported at a per-share price of $0.0000, indicating they were granted without additional cash consideration to Michael A Peluso.
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*
Peluso Michael A

(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)
General Counsel
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 Stock07/31/2026A94(1)A$027,662.0252D
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)