[144] Modine Manufacturing Co SEC Filing

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.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	47939	5058043.89	52391883	07/29/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	07/29/2025	Exercise of Stock Options	Issuer			47939	07/29/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

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.