First Busey director awarded 53 stock equivalents

FIRST BUSEY CORP director Jennifer M. Grigsby reported an automatic acquisition of 53 dividend equivalent rights on Deferred Stock Units on 2026-07-31, in connection with a cash dividend on common stock.

Accepted by SEC EDGAR 08/04/2026 - 05:42 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

FIRST BUSEY CORP director Jennifer M. Grigsby reported an automatic acquisition of 53 dividend equivalent rights on Deferred Stock Units on 2026-07-31, in connection with a cash dividend on common stock. Each right is the economic equivalent of one common share. Her direct holdings are 24,855 common shares, with an additional 25,637 shares held indirectly through the Jennifer M. Grigsby Living Trust.

Insider Trade Summary

Grant/Award: 53 shares

Grant/Award 1 txn

Insider Grigsby Jennifer M

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	53	$0.00	$0.00
Holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 24,855 shares (Direct); Common Stock — 25,637 shares (Indirect, Jennifer M. Grigsby Living Trust)

Footnotes (1)

1. F1. Represents dividend equivalent rights accrued on Deferred 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.

Key Figures

Dividend equivalent rights granted: 53 Direct common shares held after award: 24,855 Indirect common shares held in trust: 25,637 +1 more

4 metrics

Dividend equivalent rights granted 53 Rights accrued on Deferred Stock Units on 2026-07-31

Direct common shares held after award 24,855 Direct ownership position of Jennifer M. Grigsby after the reported grant

Indirect common shares held in trust 25,637 Shares held through the Jennifer M. Grigsby Living Trust as of 2026-07-31

Per-share grant price $0.0000 Non-cash grant of dividend equivalent rights coded as acquisition (A)

Key Terms

dividend equivalent rights, Deferred Stock Units, Living Trust

3 terms

dividend equivalent rights financial

"Represents dividend equivalent rights accrued on Deferred 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.

Deferred Stock Units financial

"accrued on Deferred Stock Units in connection with the payment"

Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.

Living Trust financial

"nature_of_ownership: Jennifer M. Grigsby Living Trust"

FAQ

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

What did director Jennifer M. Grigsby acquire in the latest BUSE Form 4?

Director Jennifer M. Grigsby acquired 53 dividend equivalent rights on Deferred Stock Units on 2026-07-31. These rights accrued due to a cash dividend on First Busey common stock and are economically equivalent to common shares.

How many First Busey (BUSE) shares does Jennifer M. Grigsby now hold directly and indirectly?

After the reported transactions, Jennifer M. Grigsby holds 24,855 common shares directly. She also has 25,637 common shares held indirectly through the Jennifer M. Grigsby Living Trust, according to the Form 4 holdings entries.

Was the BUSE Form 4 transaction an open-market purchase or a grant to the director?

The Form 4 reports a grant/award acquisition, not an open-market purchase. Code A and a price of $0.0000 per share indicate the 53 dividend equivalent rights were issued as a non-cash compensation-related award tied to a dividend.

What are dividend equivalent rights in First Busey’s (BUSE) director compensation?

The footnote states the award represents dividend equivalent rights accrued on Deferred Stock Units. Each right is the economic equivalent of one share of First Busey common stock and arises when a cash dividend is paid on the underlying shares.

Were Jennifer M. Grigsby’s BUSE transactions made under a Rule 10b5-1 trading plan?

No. The Rule 10b5-1 checkbox for this Form 4 is not marked as an affirmative plan filing. The report does not characterize the 53 dividend equivalent rights as being granted pursuant to a pre-arranged trading plan.

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

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^*

Grigsby Jennifer M

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026

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	07/31/2026		A		53(1)	A	$0	24,855	D
Common Stock								25,637	I	Jennifer M. Grigsby Living Trust

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 dividend equivalent rights accrued on Deferred 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-fact	08/04/2026
	** 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)