BUSE insider reports ESPP purchase and RSU dividend equivalents

Rhea-AI Filing Summary

First Busey Corp (BUSE) reported insider activity on a Form 4 by a director and President. The filer acquired 270.6726 shares of Common Stock on 09/30/2025 at $19.6775 per share under the Employee Stock Purchase Plan 1,004 Common Stock as dividend equivalent rights tied to RSUs at $0. Following these transactions, direct beneficial ownership was 211,582.2937 Common Stock.

Additional holdings include 50 shares of Series A Non-Cumulative Perpetual Preferred Stock directly, and indirect family holdings in Common Stock and Depositary Shares representing a 1/40 interest in Series B Preferred Stock.

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
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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^*

Maddox Mike

(Last) (First) (Middle)

11440 TOMAHAWK CREEK PARKWAY

(Street)

LEAWOOD KS 66211

(City) (State) (Zip)

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
X	Officer (give title below)		Other (specify below)
	President

3. Date of Earliest Transaction (Month/Day/Year)
10/31/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	09/30/2025		A	V	270.6726(1)	A	$19.6775	210,578.2937	D
Common Stock	10/31/2025		A		1,004(2)	A	$0	211,582.2937	D
Series A Non-Cumulative Perpetual Preferred Stock								50	D
Common Stock								4,739(3)	I	Spouse
Series A Non-Cumulative Perpetual Preferred Stock								100(3)	I	Spouse
Depositary Shares, 1/40 interest in Series B Preferred Stock(4)								39,280(3)	I	Spouse
Depositary Shares, 1/40 interest in Series B Preferred Stock(4)								460(3)	I	Stepson
Depositary Shares, 1/40 interest in Series B Preferred Stock(4)								460(3)	I	Stepson

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
Stock Appreciation Right	$9.37							03/01/2025	01/24/2028	Common Stock	38,142		38,142	D
Stock Appreciation Right	$11.24							03/01/2025	05/01/2028	Common Stock	15,257		15,257	D
Stock Appreciation Right	$14.01							03/01/2025	06/01/2030	Common Stock	17,292		17,292	D
Stock Appreciation Right	$21.35							03/01/2025	07/26/2033	Common Stock	40,050		40,050	D

Explanation of Responses:

1. Shares were acquired under the First Busey Corporation Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(c) and Rule 16b-3(d).

2. Represents dividend equivalent rights accrued on Restricted 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.

3. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

4. 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 $0.001 per share.

Remarks:

	/s/ Carolyn Slattery, attorney-in-fact	11/04/2025
	** 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.
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FAQ

What did BUSE’s insider acquire on 09/30/2025 and at what price?

The insider acquired 270.6726 Common Stock at $19.6775 per share under the Employee Stock Purchase Plan.

What was acquired on 10/31/2025?

The insider received 1,004 Common Stock as dividend equivalent rights on RSUs at $0.

How many BUSE shares were owned directly after the reported transactions?

Direct beneficial ownership totaled 211,582.2937 shares of Common Stock.

Were the 09/30/2025 transactions exempt?

Yes. Footnote 1 states they were exempt under Rule 16b-3(c) and Rule 16b-3(d).

What other securities are reported as directly owned?

Direct holdings include 50 shares of Series A Non-Cumulative Perpetual Preferred Stock.

What indirect family holdings are disclosed?

Indirect holdings include 4,739 Common Stock (spouse) and Depositary Shares each representing a 1/40 interest in Series B Preferred Stock for spouse and stepson.

What derivative awards are listed?

Stock Appreciation Rights covering 38,142, 15,257, 17,292, and 40,050 underlying Common Stock are shown with expirations between 01/24/2028 and 07/26/2033.