DUKEMAN VAN A 4

What Happened

• Van A. Dukeman, President, CEO and Director of First Busey Corporation (BUSE), had two insider equity actions reported. On 2026-01-30 he acquired 162.457 shares at $24.80 each (value ≈ $4,029) through dividend reinvestment. On 2026-03-26 a total of 5,923 shares were disposed/withheld at $24.96 each to satisfy tax withholding related to vested restricted stock units (value ≈ $147,838).
• The dividend reinvestment is a small acquisition (a modest bullish signal when considered alone). The larger “disposal” was a routine tax-withholding event upon RSU settlement, not an open-market sale.

Key Details

• Transaction dates and prices:
  • 2026-01-30: Acquisition of 162.457 shares @ $24.80 (≈ $4,029). (Footnote F1)
  • 2026-03-26: 5,923 shares withheld/disposed @ $24.96 (≈ $147,838) to satisfy tax obligations on vested RSUs. (Footnote F2)
• Footnotes:
  • F1: The 162.457 shares were acquired via dividend reinvestment in the First Busey Employee Stock Purchase Plan; these transactions were exempt under Rule 16b-3(c) and 16b-3(d).
  • F2: Shares were withheld upon settlement of vested Restricted Stock Units to satisfy related tax obligations.
• Shares owned after transaction: Not specified in the filing.
• Timeliness: The Form 4 was filed on 2026-03-30. The Jan 30 dividend-reinvestment acquisition was included in this March filing (reported nearly two months later and thus outside the typical 2-business-day Form 4 window); the March 26 withholding was reported on 3/30 (consistent with the 2-business-day requirement for that later transaction).

Context

• The withheld shares represent a tax-withholding action tied to RSU vesting (common, administrative; not an open-market sale). Dividend reinvestment purchases are routine and typically small. These actions are generally considered ordinary corporate compensation/tax events rather than directional insider trades.