STOCK TITAN

First Busey (BUSE) director Stephen V. King gains 349 dividend-equivalent shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

First Busey Corp. director Stephen V. King reported routine equity-related changes in his holdings. He received an award of 349 shares of Common Stock at $0.00 per share, classified as a grant or other acquisition, increasing his direct ownership to 36,070 shares.

The filing also lists 181,918 shares of Common Stock held indirectly through the “Stephen V. King 2004 Declaration of Trust U/A 5/7/04.” A footnote explains the 349-share award represents dividend equivalent rights accrued on Deferred Stock Units in connection with a cash dividend on First Busey common stock, meaning this is a compensation-related adjustment rather than an open-market trade.

Positive

  • None.

Negative

  • None.
Insider King Stephen V
Role null
Type Security Shares Price Value
Grant/Award Common Stock 349 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 36,070 shares (Direct, null); Common Stock — 181,918 shares (Indirect, Stephen V. King 2004 Declaration of Trust U/A 5/7/04)
Footnotes (1)
  1. [object Object]
Shares granted 349 shares Grant/award acquisition of Common Stock at $0.00 per share
Grant price $0.00 per share Price for 349-share grant representing dividend equivalent rights
Direct holdings after grant 36,070 shares Common Stock directly owned after A-code transaction
Indirect trust holdings 181,918 shares Common Stock held via Stephen V. King 2004 Declaration of Trust
dividend equivalent rights financial
"Represents dividend equivalent rights accrued on Deferred Stock Units in connection with the payment of a cash dividend"
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
"dividend equivalent rights accrued on Deferred Stock Units in connection with the payment of a cash dividend"
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.
indirect financial
"total_shares_following_transaction 181918.0000 ... ownership_type indirect"
Grant, award, or other acquisition financial
"transaction_code_description Grant, award, or other acquisition"
SEC Form 4
FORM 4UNITED 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*
King Stephen V

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/01/2026A349(1)A$036,070D
Common Stock181,918IStephen V. King 2004 Declaration of Trust U/A 5/7/04
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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/ Carolyn Slattery, attorney-in-fact05/05/2026
** Signature of Reporting PersonDate
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 did Stephen V. King report in this Form 4 for BUSE?

Stephen V. King reported a grant of 349 shares of First Busey Common Stock at $0.00 per share, tied to dividend equivalent rights. After this award, his direct holdings rose to 36,070 shares, alongside significant indirect holdings through a trust.

Are Stephen V. King’s reported transactions in BUSE open-market buys or sells?

No, the Form 4 shows no open-market purchases or sales. The 349 shares were acquired as a grant or award, representing dividend equivalent rights on Deferred Stock Units. This is a compensation-related adjustment, not a discretionary market trade.

How many First Busey (BUSE) shares does Stephen V. King hold directly and indirectly?

After the reported transactions, Stephen V. King holds 36,070 shares of First Busey Common Stock directly. He also has 181,918 shares reported as held indirectly through the “Stephen V. King 2004 Declaration of Trust U/A 5/7/04.”

What are dividend equivalent rights mentioned in the BUSE Form 4 footnote?

Dividend equivalent rights are amounts that mirror cash dividends on underlying shares, credited as additional units. Here, they accrued on Deferred Stock Units when First Busey paid a cash dividend, and each right equals one share of Common Stock economically.

Does this BUSE Form 4 indicate any change in Stephen V. King’s derivative positions?

No derivative transactions are reported in this Form 4. The derivativeSummary is empty, indicating no option or other derivative exercises or grants in this filing. The changes relate only to Common Stock and dividend equivalent rights on Deferred Stock Units.

Is the 349-share grant to Stephen V. King material for First Busey investors?

The filing shows a small grant of 349 shares relative to Stephen V. King’s total reported holdings of over 200,000 shares combined. It appears to be a routine compensation-related adjustment linked to dividend equivalent rights, rather than a significant directional trade.