Phillips Scott A., Principal Accounting Officer, has demonstrated a clear buying bias in his trading activity involving First Busey Corporation (BUSE), the sole company in his transaction history. Over 27 reported trades, his total buy value of $99,739.14 significantly outweighs his total sell value of $39,835.62. This trend has intensified recently, with three consecutive purchases in early 2026—$26,150 on February 2, $15,545.68 on March 1, and $7,188.48 on March 26—and no sales during the same period. His transactions include a mix of open-market purchases (Code F) and acquisitions through derivative securities (Code A), with notable purchases in late 2025 such as a $25,250 transaction on August 19 and a $34,609.55 trade on October 31.
The pattern suggests a sustained accumulation of BUSE shares, with Phillips’s largest transactions occurring in the past year. While some earlier filings show smaller sales—including a $3,986.44 disposition in January 2025 and a $3,627.02 sale in December 2025—these were outweighed by concurrent or subsequent buys. The absence of recent sales and the concentration of higher-value purchases in 2025-2026 indicate a continued commitment to increasing his position in First Busey. The transactions, particularly the six-figure aggregate buying since mid-2025, reflect a consistent directional bias toward building ownership in the financial services firm.
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