[Form 4] First Busey Corporation Insider Trading Activity

Rhea-AI Filing Summary

Form 4 filing for First Busey Corp. (BUSE) – 29 Jul 2025

• Insider: Director Kevin S. Rauckman.
• Transaction date: 25 Jul 2025.
• Type: Automatic accrual of 36 common shares via dividend-equivalent rights (price = $0).
• Post-transaction holdings: 21,324 common shares held directly; plus 24,909 common shares and 250 Series A preferred shares held indirectly through the Kevin S. Rauckman Trust.
• No derivative securities were bought or sold; the entry reflects routine dividend reinvestment on deferred stock units.

The reported acquisition is de minimis relative to Rauckman’s existing stake and has no stated impact on company operations or capital structure. Investors may interpret continued accumulation—albeit small—as a neutral-to-mildly positive signal of alignment, but the size is unlikely to influence share price.

Positive

• Insider acquisition, even if small, signals continued alignment between director and shareholders.

Negative

• None.

Insights

Financial Analyst

TL;DR: Minor dividend-equivalent share accrual; immaterial to BUSE valuation, neutral signal.

The form documents routine crediting of 36 common shares from dividend equivalents to Director Rauckman’s deferred stock units. Post-credit direct ownership rises 0.17% to 21,324 shares, while trust positions remain unchanged. No cash outlay, options, or preferential pricing were involved, so dilution and liquidity impact are nil. Given First Busey’s ~56 mn shares outstanding, the increase is statistically insignificant. Such filings are common and usually carry negligible forecasting value; however, insider ownership stability can modestly reassure governance-focused investors.

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^*

RAUCKMAN KEVIN

(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		36(1)	A	$0	21,324	D
Series A Non-Cumulative Perpetual Preferred Stock								250	I	Kevin S. Rauckman Trust
Common Stock								24,909	I	Kevin S. Rauckman Trust

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

How many First Busey (BUSE) shares did Director Kevin Rauckman acquire?

He received 36 common shares through dividend-equivalent rights on 25 Jul 2025.

What is Rauckman's total direct ownership in BUSE after the transaction?

Post-transaction direct holdings are 21,324 common shares.

Were any cash purchases made in this Form 4 filing?

No. The shares were credited at $0 cost as dividend equivalents; no cash changed hands.

Does the filing include derivative securities or option exercises?

No derivative securities were acquired or disposed; the table lists none.

What indirect holdings does Rauckman have in First Busey?

Through the Kevin S. Rauckman Trust he holds 24,909 common shares and 250 Series A preferred shares.