Jorstad Chip S. 4

What Happened

• Chip S. Jorstad, Chief Credit Officer of First Busey Corp (BUSE), received a grant of 5,887 restricted stock units (RSUs) on 2026-04-01. The reported acquisition price is $0.00 (an award/grant rather than a purchase). These RSUs will convert to shares if and when they vest; this is a compensation grant, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-01; Filing date: 2026-04-03 (filed within the typical two-business-day Form 4 window).
• Transaction code: A (Grant/award or other acquisition).
• Shares granted: 5,887 RSUs; reported acquisition cost: $0.00.
• Vesting: Per the filing footnote, the RSUs vest in equal installments on each of the first three anniversaries of the grant date.
• Shares owned after transaction: Not specified in the provided filing.
• No 10b5-1 plan, tax withholding, or cashless-sale details are reported in this filing.

Context

• RSUs are a common form of equity compensation that convert to company stock when they vest; receiving RSUs is routine compensation and does not necessarily indicate immediate buying or selling intent. Purchases generally carry more direct informational weight for market sentiment than awards.