Director Michael David Cassens filed a Form 4 with the SEC on November 3, 2026, disclosing the acquisition of 239 shares of First Busey Corporation common stock on October 30, 2026, through dividend equivalent rights accrued on Deferred Stock Units.

Key Highlights

  • Reporting person: Michael David Cassens, identified in the filing as a Director of First Busey Corp /NV/ (NASDAQ:BUSE).
  • Transaction date: October 30, 2026, with the form filed November 3, 2026.
  • Shares acquired: 239 shares of common stock, acquired at a price of $0, via transaction code "A" (acquisition).
  • Source of shares: The filing states the shares represent "dividend equivalent rights accrued on Deferred Stock Units in connection with the payment of a cash dividend on First Busey Corporation Common Stock."
  • Beneficial ownership following transaction: 128,810 shares held directly, as reported in the filing.
  • No derivative securities were reported in Table II of the filing.

Cassens' October 2026 Deferred Stock Unit Dividend Accrual at First Busey

According to the Form 4 filing, Michael David Cassens, a Director of First Busey Corp /NV/ (NASDAQ:BUSE), acquired 239 shares of the company's common stock on October 30, 2026. The transaction was recorded under code "A," indicating an acquisition, at a stated price of $0. The filing notes that these shares were not purchased in the open market but instead arose from dividend equivalent rights accrued on previously held Deferred Stock Units.

The filing explains that "each dividend equivalent right is the economic equivalent of one share of First Busey Corporation Common Stock," and that the rights accrued in connection with the payment of a cash dividend on First Busey Corporation common stock. Following this transaction, Cassens reported direct beneficial ownership of 128,810 shares of common stock, as disclosed in Table I of the filing.

The Form 4 was signed by Catherine Alqallaf as attorney-in-fact on November 3, 2026. No derivative securities transactions were reported in Table II. The filing does not indicate that any Rule 10b5-1 plan was in place for this transaction, and no amendment to a prior filing was noted.

What Was Disclosed

Director Michael David Cassens disclosed the acquisition of 239 shares of First Busey Corp common stock at $0, through dividend equivalent rights on Deferred Stock Units, bringing his total direct beneficial ownership to 128,810 shares as of October 30, 2026.