Chan Christopher H.M. 4

What Happened

• Christopher H.M. Chan, Chief Financial Officer of First Busey Corporation (BUSE), was granted 228 shares as an award on January 30, 2026. The Form 4 records the acquisition as 228 shares at $0.00 per share (transaction code A — award/grant/other acquisition), with a reported value of $0 on the form.
• This award represents dividend equivalent rights tied to Restricted Stock Units (RSUs), not an open-market purchase or sale. Such awards are typically the economic equivalent of receiving dividends on unvested RSUs rather than a cash outlay or sale.

Key Details

• Transaction date: 2026-01-30; Filing date: 2026-02-03 (filed within the Form 4 two-business-day requirement).
• Transaction type/code: A (award/grant/other acquisition); 228 shares @ $0.00; Form value shown as $0.
• Shares owned after transaction: Not specified in the provided excerpt of the filing — see the full Form 4 for total beneficial ownership.
• Footnote: The grant “represents dividend equivalent rights accrued on Restricted Stock Units in connection with the payment of a cash dividend on First Busey Corporation Common Stock. Each dividend equivalent right is the economic equivalent of one share.”

Context

• Dividend-equivalent awards on RSUs are a routine administrative/compensation action reflecting dividends that accrue on unvested equity; they do not necessarily indicate a buy/sell signal from the insider.
• Because this was an award (not a market purchase or sale), it should be interpreted as compensation-related rather than a direct vote of confidence via personal cash investment. Check the full filing for vesting terms or additional holdings if you want to assess potential future insider selling or retention.