Cassens Michael David 4

What Happened Michael Cassens, a director of First Busey Corp (BUSE), sold 1,441 shares on July 15, 2026 at $29.34 per share for proceeds of about $42,279. The transaction was a sale (not a purchase or option exercise) and was executed under a pre-established trading plan.

Key Details

• Transaction date and price: July 15, 2026 — 1,441 shares sold at $29.34 each (total ≈ $42,279).
• Method: Open-market sale reported as code "S".
• Footnote: Sale was effected pursuant to a Rule 10b5-1 trading plan adopted August 15, 2025.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Filing timeliness: Form 4 filed July 17, 2026 — appears to be within the standard 2-business-day reporting window.

Context

• A Rule 10b5-1 plan allows insiders to sell pre-specified amounts at predetermined times; transactions under such plans are generally considered pre-planned and not necessarily a signal of new, private information.
• Routine insider sales are common and, unlike purchases, typically carry less clear implications about the insider’s view of the company.