SEC Filing Analysis: FIRST BUSEY CORP /NV/ (BUSE)

Executive Summary

• Trading Significance: Low
• Key Takeaway: A director received a de minimis, non-cash award of 37 shares as dividend equivalent rights, a routine event with no market impact.
• Market Impact: Neutral. This transaction is too small to influence the market or investor sentiment.

Company Information

Field	Value
Company	FIRST BUSEY CORP /NV/
Ticker Symbol	BUSE
CIK	0000314489
Industry	STATE COMMERCIAL BANKS [6022]

Insider Information

Field	Value
Name	RAUCKMAN KEVIN
CIK	0001239788
Title/Position	null
Relationship	Director

Transaction Details

Field	Value
Form Type	4
Transaction Date	2025-10-31
Transaction Code	A
Security Type	Common Stock
Shares Involved	37
Price Per Share	$0.00
Total Value	$0
Shares Owned After	21,361 (Directly)
Ownership Type	Direct

Financial Impact Assessment

Transaction Materiality

Metric	Value
Transaction Value	$0
% of Market Cap	0.00%
Shares Transacted	37
% of Shares Outstanding	<0.001%
Post-Transaction Ownership	46,270 shares (0.052% of outstanding)
Materiality Assessment	Low

Impact Evaluation

• Market Cap Context: With a market cap of $1.99 billion, this $0 transaction is negligible.
• Ownership Concentration: The insider's total ownership of 46,270 shares (direct and indirect) constitutes a very small fraction (0.052%) of the total shares outstanding.
• Transaction Significance: The transaction represents an insignificant number of shares (<0.001% of outstanding) and has zero monetary value, making it immaterial.

Market Impact Analysis

Stock Impact Prediction

• Direction: Neutral
• Reasoning: The transaction is a routine, non-cash award of dividend equivalents. It is not an open-market transaction and is too small to have any impact on the stock price.

Volume & Sentiment

• Expected Volume Impact: None. This type of grant does not affect trading volume.
• Sentiment Indicator: Neutral. The filing is informational and does not signal any change in insider sentiment.

Additional Context

Transaction Notes

• Special Circumstances: The footnote clarifies that these shares are dividend equivalent rights accrued on Deferred Stock Units, which is a common and automatic process for insiders holding such units.