[Form 4] First Busey Corporation Insider Trading Activity

Rhea-AI Filing Summary

First Busey Corp. (BUSE) – Form 4: Director Frederic L. Kenney reported one insider transaction dated 07/25/2025.

• Security: Common stock.
• Transaction type/code: “A” (automatic acquisition).
• Shares acquired: 294, stemming from dividend-equivalent rights credited on Deferred Stock Units; reported price $0.
• Post-transaction beneficial ownership: 31,879 shares held directly (D); 16,349 shares held indirectly (I) through spouse.

No shares were disposed of and no derivative securities were listed. The filing reflects routine dividend accrual rather than an open-market purchase.

Positive

• Director ownership increases by 294 shares, bringing direct holdings to 31,879 shares, indicating continued alignment with shareholders.

Negative

• None.

Insights

Securities Analyst

TL;DR: Small, routine dividend-equivalent accrual; negligible market impact.

The 294-share credit represents less than 1% of Mr. Kenney’s total reported holdings and was executed at $0 under the company’s deferred stock unit program, not via open market. Such administrative accruals are customary and do not signal a change in insider sentiment. Total direct ownership now stands at 31,879 shares, with an additional 16,349 shares held indirectly through his spouse. Given the modest size and non-cash nature of the transaction, I view the filing as informational with neutral impact on valuation.

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).

1. Name and Address of Reporting Person^*

King Stephen V

(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)
07/25/2025

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	07/25/2025		A		343(1)	A	$0	32,154	D
Common Stock								181,918	I	Stephen 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)
				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 Stock. Each dividend equivalent right is the economic equivalent of one share of First Busey Corporation Stock.

Remarks:

	/s/ Catherine Alqallaf, attorney-in-fact	07/29/2025
	** 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.
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 type of insider transaction was reported for BUSE?

Director Frederic L. Kenney reported an automatic acquisition (code “A”) of 294 common shares via dividend-equivalent rights.

How many First Busey (BUSE) shares does Kenney now own?

After the transaction, he holds 31,879 shares directly and 16,349 shares indirectly through his spouse.

Was the transaction an open-market purchase?

No. The shares were credited at $0 as part of dividend-equivalent rights attached to Deferred Stock Units, not bought on the open market.

Did the Form 4 report any share disposals or derivative trades?

No shares were disposed of and no derivative securities were reported in this filing.

What is the significance of dividend-equivalent rights in Form 4 filings?

Dividend-equivalent rights reflect automatic share credits equal to cash dividends on deferred units, increasing ownership without cash outlay.