First Busey (BUSE) director Cassens sells 750 shares at $24.92
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FIRST BUSEY CORP /NV/ director Michael David Cassens reported an open-market sale of 750 shares of Common Stock on March 16, 2026, at $24.92 per share. The transaction was effected under a pre-arranged Rule 10b5-1 trading plan adopted on August 15, 2025.
After this sale, Cassens directly holds 138,773 shares of First Busey common stock. The filing shows no related derivative transactions or option exercises in this report.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 750 shares ($18,690)
Net Sell
1 txn
Insider
Cassens Michael David
Role
Director
Sold
750 shs ($19K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 750 | $24.92 | $19K |
Holdings After Transaction:
Common Stock — 138,773 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did FIRST BUSEY CORP (BUSE) disclose for Michael David Cassens?
Michael David Cassens reported selling 750 shares of First Busey Common Stock. The sale occurred on March 16, 2026, at a price of $24.92 per share, and was reported as an open-market transaction under SEC rules.
Was the FIRST BUSEY CORP (BUSE) insider sale made under a Rule 10b5-1 trading plan?
Yes, the filing states the stock sale was effected under a Rule 10b5-1 trading plan. The plan was adopted on August 15, 2025, indicating the sale was pre-arranged rather than a discretionary, spur-of-the-moment trading decision.
Did the FIRST BUSEY CORP (BUSE) Form 4 include any option exercises or derivative transactions?
No, this Form 4 does not report any derivative or option exercises. It only shows a single non-derivative transaction: the open-market sale of 750 shares of Common Stock and the updated direct share ownership after that sale.
What does the transaction code on the FIRST BUSEY CORP (BUSE) Form 4 indicate?
The filing uses transaction code “S”, which identifies a sale in the open market or private transaction. In this case, it is described as an open-market sale of Common Stock by director Michael David Cassens.