First Busey executive ends Section 16 status

An Exit Form 4 reports that John Joseph Powers, EVP & General Counsel of First Busey Corp, is no longer subject to Section 16 effective July 29, 2026.

Accepted by SEC EDGAR 08/03/2026 - 04:59 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

An Exit Form 4 reports that John Joseph Powers, EVP & General Counsel of First Busey Corp, is no longer subject to Section 16 effective July 29, 2026. The report is described as voluntarily filed solely for this purpose and lists no stock or derivative transactions.

Key Terms

Exit Form 4, Section 16

2 terms

Exit Form 4 regulatory

"This "Exit" Form 4 is voluntarily filed solely to report that"

Section 16 regulatory

"the reporting person is no longer subject to Section 16"

Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does this Form 4 for BUSE report about John Joseph Powers?

It reports that John Joseph Powers, EVP & General Counsel of First Busey Corp, is no longer subject to Section 16 effective July 29, 2026. The Form is characterized as an Exit filing voluntarily submitted solely to record this change.

Does the BUSE Form 4 show any insider stock transactions?

No. The Form 4 for First Busey Corp (BUSE) lists no purchases, sales, acquisitions, dispositions, or option exercises. All transaction counts are zero, and there are no reported derivative positions or holding entries associated with this Exit filing.

Why is this BUSE Form 4 described as an Exit filing?

It is called an Exit Form 4 because it is filed solely to state that, effective July 29, 2026, the reporting person is no longer subject to Section 16. The remarks clarify that this is a voluntary filing for that single purpose.

Who is the reporting person in this BUSE Exit Form 4 and what is his role?

The reporting person is John Joseph Powers, identified as an officer of First Busey Corp with the title EVP & General Counsel. He is not listed as a director or 10% owner in this Exit Form 4.

Is this BUSE Exit Form 4 tied to a Rule 10b5-1 trading plan?

No. The Rule 10b5-1 plan checkbox is not marked for this First Busey Corp (BUSE) Exit Form 4, and there are no transactions reported. The filing’s stated purpose is only to record the end of Section 16 status.

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

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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

X

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^*

Powers John Joseph

(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)
	EVP & General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/29/2026

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

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:

Remarks:

This "Exit" Form 4 is voluntarily filed solely to report that, effective July 29, 2026, the reporting person is no longer subject to Section 16.

	/s/ Catherine Alqallaf, attorney-in-fact	08/03/2026
	** 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)