First Busey (BUSE) director adds 242 share equivalents via dividend

Rhea-AI Filing Summary

First Busey Corporation director Michael David Cassens reported receiving 242 shares of common stock on a Form 4 dated 01/30/2026. These were credited at a price of $0 as dividend equivalent rights on Deferred Stock Units tied to a cash dividend on First Busey common stock.

After this transaction, Cassens beneficially owned 140,273 shares of First Busey common stock in direct ownership form. Each dividend equivalent right is economically equal to one share of First Busey common stock, effectively increasing his share-based exposure without an out-of-pocket purchase.

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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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^*

Cassens Michael David

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

3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026

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	01/30/2026		A		242(1)	A	$0	140,273	D

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/ Carolyn Slattery, attorney-in-fact	02/03/2026
	** 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) disclose for Michael David Cassens?

First Busey reported that director Michael David Cassens received 242 shares of common stock on January 30, 2026. The shares reflect dividend equivalent rights credited on Deferred Stock Units following a cash dividend on First Busey common stock, at a reported price of $0 per share.

How many First Busey (BUSE) shares does Michael David Cassens own after this Form 4?

After the reported transaction, Michael David Cassens beneficially owns 140,273 shares of First Busey common stock. This total includes the 242 shares received as dividend equivalent rights accrued on his Deferred Stock Units in connection with a cash dividend payment.

What are dividend equivalent rights in the First Busey (BUSE) Form 4 filing?

The filing states that the 242 reported shares represent dividend equivalent rights accrued on Deferred Stock Units. Each dividend equivalent right is described as the economic equivalent of one share of First Busey Corporation common stock, linked to a cash dividend payment on that stock.

Did Michael David Cassens pay for the 242 First Busey (BUSE) shares reported?

No cash payment was reported for these 242 shares. The Form 4 shows a transaction price of $0 per share because the additional shares arose as dividend equivalent rights credited on Deferred Stock Units when First Busey paid a cash dividend.

Is the First Busey (BUSE) Form 4 transaction a purchase or an award?

The transaction is coded as an acquisition of 242 common shares, but it reflects an award-like accrual. The shares come from dividend equivalent rights on Deferred Stock Units, triggered by a cash dividend on First Busey common stock, rather than an open-market purchase.

What role does Michael David Cassens hold at First Busey (BUSE)?

Michael David Cassens is identified in the filing as a director of First Busey Corporation. The reported Form 4 transaction shows his beneficial ownership in the company’s common stock and how it increased through dividend equivalent rights on his Deferred Stock Units.