Cassens Michael David 4

What Happened
Michael D. Cassens, a director of First Busey Corp (BUSE), sold 750 shares in an open-market transaction on May 15, 2026. The shares were sold at $26.11 per share for total proceeds of $19,583. This was a sale (not a purchase), which for retail investors is often routine insider liquidity rather than a direct signal of company prospects.

Key Details

• Transaction date: May 15, 2026
• Filing date: May 18, 2026 (Form 4 accession 0001766116-26-000016) — filed within the normal reporting window
• Shares sold: 750 at $26.11 per share
• Total value: $19,583
• Method: Reported as an open-market/private sale (code S)
• Footnote: Sale was effected under a Rule 10b5-1 trading plan adopted August 15, 2025 (pre-set trading plan)
• Shares owned after the transaction: not specified in the provided filing

Context
A Rule 10b5-1 plan indicates the trades were pre-scheduled and typically reduce the inference that the insider traded based on material nonpublic information. Sales by directors are common for diversification or personal liquidity; because this is a relatively small, planned sale, it should be viewed as routine insider activity rather than a strong market signal.