First Busey Corp (BUSE) director sells 1,441 shares in Rule 10b5-1 trade
Rhea-AI Filing Summary
First Busey Corp director Michael David Cassens reported selling 1,441 shares of common stock on July 15, 2026 at $29.34 per share, leaving 132,673 shares held directly.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on August 15, 2025.
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Insider Trade Summary 10b5-1
Net Seller: 1,441 shares ($42,279)
Net Sell
1 txn
Insider
Cassens Michael David
Role
Director
Sold
1,441 shs ($42K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,441 | $29.34 | $42K |
Holdings After Transaction:
Common Stock — 132,673 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1441.0000 shares
Sale price per share: $29.3400 per share
Shares held after transaction: 132673.0000 shares
+1 more
4 metrics
Shares sold
1441.0000 shares
Common stock sold on 2026-07-15
Sale price per share
$29.3400 per share
Price for common stock sale on 2026-07-15
Shares held after transaction
132673.0000 shares
Directly held common stock following the sale
Net shares sold in filing
-1441 shares
Net buy/sell shares across all reported transactions
Key Terms
Rule 10b5-1 trading plan, Form 4, Sale in open market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"The stock sale ... was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Form 4 regulatory
"The stock sale reported on this Form 4 was effected pursuant to..."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Sale in open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider trade did Michael David Cassens report for First Busey (BUSE)?
Michael David Cassens reported selling 1,441 shares of First Busey common stock on July 15, 2026 at $29.34 per share. After this transaction, he held 132,673 shares directly, according to the Form 4 disclosure.
Was Cassens’ July 2026 BUSE stock sale under a Rule 10b5-1 trading plan?
Yes. The filing states the stock sale was executed under a Rule 10b5-1 trading plan adopted on August 15, 2025. Such plans pre-arrange trades, separating trading decisions from subsequent market or company developments.
What type of transaction was reported in the First Busey (BUSE) Form 4?
The Form 4 reports a sale of common stock, coded as an “S” transaction, described as a sale in open market or private transaction. It involved 1,441 shares and was executed pursuant to a Rule 10b5-1 trading plan.