First Busey (BUSE) CAO awarded 3,925 Restricted Stock Units

Rhea-AI Filing Summary

Phillips Scott A. reported acquisition or exercise transactions in this Form 4 filing.

First Busey Corp. Chief Accounting Officer Scott A. Phillips received a grant of 3,925 shares of Common Stock as a compensation award. The award is in the form of Restricted Stock Units that vest in three equal installments on each of the first three anniversaries of the April 1 grant date. Following this grant, Phillips directly holds 19,062.5623 shares of Common Stock and 3,350 Depositary Shares, each representing a 1/40th interest in the company’s 8.25% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series B.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Phillips Scott A.

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,925	$0.00	--
holding	Depositary Shares, 1/40 interest in Series B Preferred Stock	--	--	--

Holdings After Transaction: Common Stock — 19,062.562 shares (Direct); Depositary Shares, 1/40 interest in Series B Preferred Stock — 3,350 shares (Direct)

Footnotes (1)

1. Represents a grant by the Board of Directors of Restricted Stock Units which vest in equal installments on each of the first three anniversaries of the grant date. 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.

Key Figures

RSU grant size: 3,925 shares Common shares held after grant: 19,062.5623 shares Depositary Shares held: 3,350 shares +3 more

6 metrics

RSU grant size 3,925 shares Restricted Stock Units granted to CAO on April 1

Common shares held after grant 19,062.5623 shares Direct Common Stock ownership following the award

Depositary Shares held 3,350 shares Direct holdings of Depositary Shares linked to Series B preferred

Preferred dividend rate 8.25% Fixed rate on Non-Cumulative Perpetual Preferred Stock, Series B

Depositary Share interest 1/40th per share Each Depositary Share equals 1/40 interest in one Series B preferred share

RSU grant price $0.0000 per share Recorded transaction price for the 3,925-share award

Key Terms

Restricted Stock Units, Depositary Shares, Non-Cumulative Perpetual Preferred Stock, Fixed-Rate

4 terms

Restricted Stock Units financial

"Represents a grant by the Board of Directors of Restricted Stock Units which vest in equal installments"

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.

Depositary Shares financial

"Each Depositary Share represents a 1/40th interest in a share of the issuer's 8.25% Fixed-Rate"

Depositary shares are tradable certificates that represent a fractional piece of a larger security held by a third-party bank, like owning a slice of a single big pie instead of the whole pie. They let companies issue and investors buy smaller, more affordable portions of preferred stock or other instruments; holders usually receive proportional dividends and market pricing similar to ordinary shares, but may have limited voting rights and different liquidity or tax implications, which can affect income and resale value.

Non-Cumulative Perpetual Preferred Stock financial

"8.25% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series B, par value $0.01 per share"

Non-cumulative perpetual preferred stock is a type of investment that pays a fixed dividend forever, without a set end date. If the company skips some dividends in a year, you don’t get that money later, and it’s gone forever. It matters because investors get regular income but may miss out if the company faces financial trouble.

Fixed-Rate financial

"8.25% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series B"

A fixed-rate is an arrangement where the interest or return on a loan, bond, or other financial obligation stays the same for a specified period instead of changing with market conditions. For investors, that means predictable payments and easier budgeting—like locking in a grocery price for a year—but it also means missing out if market rates fall, and it may be less attractive if inflation or rates rise significantly.

Form 4 Insider Transactions: What Each Field Means →

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^*

Phillips Scott 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/01/2026		A		3,925(1)	A	$0	19,062.5623	D
Depositary Shares, 1/40 interest in Series B Preferred Stock(2)								3,350	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents a grant by the Board of Directors of Restricted Stock Units which vest in equal installments on each of the first three anniversaries of the grant date.

2. 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.

Remarks:

	/s/ Carolyn Slattery, attorney-in-fact	04/03/2026
	** 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)

FAQ

What insider transaction did First Busey (BUSE) report for Scott A. Phillips?

First Busey reported that Chief Accounting Officer Scott A. Phillips received a grant of 3,925 shares of Common Stock as Restricted Stock Units. This was a compensation-related award, not an open-market purchase or sale, and it increased his directly held Common Stock position.

How do the new Restricted Stock Units for BUSE’s CAO vest?

The 3,925 Restricted Stock Units granted to First Busey’s Chief Accounting Officer vest in three equal installments. Vesting occurs on each of the first three anniversaries of the April 1 grant date, meaning the award is spread over a multi-year service period.

How many First Busey Common Shares does the CAO hold after this Form 4?

After the grant, Chief Accounting Officer Scott A. Phillips directly holds 19,062.5623 shares of First Busey Common Stock. This total includes the newly granted 3,925-share Restricted Stock Unit award disclosed in the insider transaction report.

What preferred-related Depositary Shares does the BUSE CAO own?

The filing shows Scott A. Phillips directly holds 3,350 Depositary Shares. Each Depositary Share represents a 1/40th interest in one share of First Busey’s 8.25% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series B, with a par value of $0.01 per share.

Was there a purchase price for the BUSE Restricted Stock Unit grant?

The 3,925-share Restricted Stock Unit grant to First Busey’s Chief Accounting Officer is recorded at a transaction price of $0.0000 per share. This indicates the award was granted as compensation rather than acquired through an open-market purchase.

Did the Form 4 report any sales of First Busey stock by the CAO?

The Form 4 does not report any open-market sales by the Chief Accounting Officer. It shows an award-type acquisition of 3,925 Common Stock Restricted Stock Units and a separate holding entry for 3,350 Depositary Shares linked to Series B preferred stock.