FIRST BUSEY CORP /NV/·4

May 5, 5:48 PM ET

Cassens Michael David 4

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First Busey (BUSE) Director Michael Cassens Receives Award of 254 Shares

What Happened
Michael Cassens, a director of First Busey Corporation (BUSE), received an award of 254 shares on May 1, 2026. The filing reports the acquisition as code "A" (grant/award) at $0.00 per share (total reported value $0). This was an award of dividend-equivalent rights tied to Deferred Stock Units, not an open-market purchase.

Key Details

  • Transaction date: 2026-05-01; Form 4 filed: 2026-05-05 (appears filed within the SEC's 2-business-day window).
  • Reported transaction: 254 shares acquired as an award (code A) at $0.00 per share.
  • Shares owned after transaction: not disclosed in the provided filing.
  • Footnote: These 254 units represent dividend equivalent rights accrued on Deferred Stock Units in connection with a cash dividend; each dividend equivalent right equals the economic equivalent of one common share.
  • No 10b5-1 plan, tax-withholding sale, or other special conditions were reported in the filing excerpt provided.

Context
Dividend-equivalent awards for Deferred Stock Units are a routine, non-cash form of compensation that reflects reinvested dividend value; they do not necessarily indicate buying or selling sentiment by the insider. Because this was an award (not a purchase or sale), it is primarily a compensation-related transaction rather than an investment signal.