Cassens Michael David 4
Research Summary
AI-generated summary
FIRST BUSEY (BUSE) Director Michael Cassens Sells 750 Shares
What Happened
Michael David Cassens, a director of FIRST BUSEY CORP (BUSE), sold 750 shares in an open-market transaction on February 17, 2026. The shares were disposed at $26.61 per share for a total of $19,958. This was a sale (which is often routine) rather than a purchase.
Key Details
- Transaction date: 2026-02-17; Form 4 filed: 2026-02-19.
- Price and quantity: 750 shares at $26.61 per share; total proceeds $19,958.
- Ownership after transaction: Not disclosed in the information provided on this filing.
- Footnote: The sale was effected pursuant to a Rule 10b5-1 trading plan adopted August 15, 2025.
- Filing timeliness: Form 4 covers the Feb 17 transaction and was filed on Feb 19, 2026 (no late filing indicated in the provided data).
Context
Sales executed under a 10b5-1 plan are pre‑arranged and scheduled trades established when the insider was not in possession of material nonpublic information; they are commonly used to avoid questions about timing. This report documents a routine director sale rather than any grant, exercise, or gift.