Cassens Michael David 4

What Happened
Michael Cassens, a director of First Busey Corp (BUSE), sold 750 shares in an open‑market transaction on April 15, 2026. The shares were sold at $26.75 each for a total proceeds of approximately $20,063. The sale was reported on Form 4 filed April 16, 2026.

Key Details

• Transaction date and price: April 15, 2026 — 750 shares sold at $26.75/share.
• Total value: ~ $20,063.
• Transaction type/code: Open‑market sale (S).
• Shares owned after transaction: Not specified in the filing.
• Footnote: The sale was made pursuant to a prearranged Rule 10b5‑1 trading plan adopted August 15, 2025.
• Filing timeliness: Report filed the next day (April 16, 2026); no late filing indicated.

Context
Sales executed under a 10b5‑1 plan are prearranged and typically reflect previously set rules for trading, which can limit interpretation of the sale as a directional signal. For retail investors, purchases often carry clearer bullish implications than routine sales by insiders; this single planned sale alone does not provide definitive insight into management’s view of the company.