FIRST BUSEY officer reports 872-share tax withholding

FIRST BUSEY CORP Chief Credit Officer Chip S. Jorstad reported a tax-related share disposition.

Accepted by SEC EDGAR 03/30/2026 - 07:23 PM EDT

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Form Type

Rhea-AI Filing Summary

FIRST BUSEY CORP Chief Credit Officer Chip S. Jorstad reported a tax-related share disposition. On March 26, 2026, 872 shares of Common Stock were withheld at $24.96 per share to cover taxes upon settlement of vested Restricted Stock Units. After this withholding, he directly holds 58,227.356 shares of Common Stock.

Insider Trade Summary

Exercise Price or Tax Liability: 872 shares

Exercise Price or Tax Liability 1 txn

Insider Jorstad Chip S.

Role Chief Credit Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	872	$24.96	$22K

Holdings After Transaction: Common Stock — 58,227.356 shares (Direct)

Footnotes (1)

F1. Upon settlement of vested Restricted Stock Units, shares were withheld to satisfy the related tax obligation.

Key Figures

Tax-withheld shares: 872 shares Withholding price: $24.96 per share Post-transaction holdings: 58,227.356 shares +1 more

4 metrics

Tax-withheld shares 872 shares Shares withheld to satisfy tax obligation on RSU settlement

Withholding price $24.96 per share Price used for 872 withheld Common Stock shares

Post-transaction holdings 58,227.356 shares Common Stock directly held after tax withholding

Tax-withholding transactions 1 transaction Single F-code disposition for tax withholding

Key Terms

Restricted Stock Units, tax obligation, Common Stock, transaction code F

4 terms

Restricted Stock Units financial

"Upon settlement of vested Restricted Stock Units, shares were withheld"

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.

tax obligation financial

"shares were withheld to satisfy the related tax obligation"

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

transaction code F regulatory

"transaction_code: F, Payment of exercise price or tax liability"

FAQ

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What insider transaction did FIRST BUSEY (BUSE) disclose for Chip S. Jorstad?

FIRST BUSEY reported that Chief Credit Officer Chip S. Jorstad had 872 shares of Common Stock withheld. The shares were used to satisfy tax obligations arising from the settlement of vested Restricted Stock Units, rather than being sold in an open-market transaction.

How many FIRST BUSEY (BUSE) shares were withheld and at what price?

A total of 872 FIRST BUSEY Common Stock shares were withheld at $24.96 per share. This withholding was recorded as a Form 4 transaction code F, representing payment of tax liability by delivering previously awarded shares instead of cash.

Does this FIRST BUSEY (BUSE) Form 4 indicate an open-market sale by the insider?

No, the Form 4 reflects a tax-withholding disposition, not an open-market sale. Shares were withheld upon settlement of vested Restricted Stock Units to cover related tax obligations, which is a routine administrative event commonly seen in equity-based compensation programs.

How many FIRST BUSEY (BUSE) shares does Chip S. Jorstad hold after this transaction?

Following the tax-withholding transaction, Chip S. Jorstad directly holds 58,227.356 shares of FIRST BUSEY Common Stock. This figure reflects his position after 872 shares were withheld to satisfy taxes linked to the vesting and settlement of Restricted Stock Units.

What does transaction code F mean in the FIRST BUSEY (BUSE) Form 4 filing?

Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 872 shares of FIRST BUSEY Common Stock were withheld to satisfy tax obligations triggered when Jorstad’s Restricted Stock Units vested and settled into shares.

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SEC Form 4

FORM 4

UNITED 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^*

Jorstad Chip S.

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Credit Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/26/2026		F		872⁽¹⁾	D	$24.96	58,227.356	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Upon settlement of vested Restricted Stock Units, shares were withheld to satisfy the related tax obligation.

Remarks:

	/s/ Carolyn Slattery, attorney-in-fact	03/30/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR