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First Busey (BUSE) CEO Dukeman reports tax-withholding share disposition

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

Rhea-AI Filing Summary

First Busey Corp. President and CEO Van A. Dukeman reported a tax-related share disposition. On March 1, 2026, 22,453 shares of common stock at $25.36 per share were withheld to cover taxes upon settlement of vested restricted stock units, leaving 429,518.3489 shares held directly. He also reports indirect holdings through a 401(k) & Profit Sharing Plan and a Spouse IRA.

Positive

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Negative

  • None.
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*
DUKEMAN VAN A

(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 and CEO
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
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 03/01/2026 F 22,453(1) D $25.36 429,518.3489 D
Common Stock 14,034 I 401(k) & Profit Sharing Plan
Common Stock 2,201 I Spouse IRA
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. Upon settlement of vested Restricted Stock Units, shares were withheld to satisfy the related tax obligation.
Remarks:
/s/ Carolyn Slattery, attorney-in-fact 03/03/2026
** 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.

FAQ

What insider transaction did First Busey (BUSE) report for Van A. Dukeman?

First Busey CEO Van A. Dukeman reported a tax-withholding share disposition. On March 1, 2026, 22,453 common shares were withheld to satisfy taxes on vested restricted stock units, rather than being sold in an open-market transaction.

How many First Busey (BUSE) shares were withheld for Van A. Dukeman’s taxes?

A total of 22,453 First Busey common shares were withheld for taxes. The shares, valued at $25.36 each, covered the tax obligation arising from the settlement of vested restricted stock units, according to the Form 4 filing footnote.

What are Van A. Dukeman’s direct First Busey (BUSE) share holdings after this Form 4?

After the tax-withholding disposition, Van A. Dukeman holds 429,518.3489 shares directly. This figure reflects his remaining common stock ownership in First Busey Corp. following the shares withheld to pay tax obligations on vested restricted stock units.

Does the First Busey (BUSE) Form 4 show any open-market stock sales by the CEO?

The Form 4 does not report any open-market stock sales by the CEO. The only reported disposition is a tax-withholding event, where 22,453 shares were withheld to satisfy tax obligations from vested restricted stock units, not a discretionary market sale.

What indirect First Busey (BUSE) holdings does Van A. Dukeman report on this Form 4?

Dukeman reports indirect holdings in a 401(k) & Profit Sharing Plan and a Spouse IRA. The filing shows 14,034 shares indirectly through the 401(k) & Profit Sharing Plan and 2,201 shares indirectly through a Spouse IRA as of the reported date.

What does transaction code F mean in the First Busey (BUSE) Form 4 filing?

Transaction code F indicates a tax-withholding disposition of shares. In this case, shares of First Busey common stock were delivered or withheld to pay the tax liability triggered by the settlement of vested restricted stock units, not sold in the open market.
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