First Busey (BUSE) Director Michael Cassens Sells 1,441 Shares

What Happened
Michael Cassens, a director of First Busey Corp (BUSE), sold 1,441 shares in an open-market transaction on September 15, 2026. The shares were sold at $30.45 each for a total reported proceeds of approximately $43,878. The Form 4 discloses the sale was made pursuant to a pre-established Rule 10b5-1 trading plan.

Key Details

• Transaction date: 2026-09-15; sale price: $30.45; shares sold: 1,441; total proceeds: ~$43,878.
• Transaction type: Open-market sale (coded "S" on Form 4).
• Footnote: Sale executed under a Rule 10b5-1 trading plan adopted August 15, 2025 (pre-arranged plan).
• Filing date: Form 4 filed 2026-09-16 (timely; within required reporting window).
• Shares owned after transaction: Not specified in the information provided.

Context
A 10b5-1 plan indicates the trade was pre-scheduled under an established trading plan, which typically provides an affirmative defense against insider trading liability; the Form 4 does not state the insider’s reasons for the sale. Sales do not necessarily indicate the insider’s view on the company’s prospects—no motive is disclosed.