{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-093098","form_type":"8-K","ticker":"BUSE","cik":"0000314489","company_name":"FIRST BUSEY CORP /NV/","filed_at":"2024-08-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.475565+00:00","generated_at":"2026-05-31T07:30:36.037839+00:00","sec_items":["1.01","5.02","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Busey to acquire CrossFirst in all-stock merger; exchange ratio 0.6675","bullets":["Busey issues 0.6675 shares per CrossFirst share; CrossFirst Preferred converts to Busey preferred or cash.","Board expands to 13 directors: 8 from Busey (including CEO Dukeman), 5 from CrossFirst (including Maddox, Brenneman).","Succession: Dukeman stays Executive Chairman & CEO; Maddox becomes EV Chairman, President, later CEO after 12-18 mo.","Termination fee of $36.7M payable by either party under certain conditions; deal subject to regulatory and shareholder approvals.","CrossFirst Bank to merge into Busey Bank; combined HQ in Kansas City, MO; Busey Bank main office in Champaign, IL."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-093098","json":"https://secwatch.observer/filing/0001104659-24-093098.json","markdown":"https://secwatch.observer/filing/0001104659-24-093098.md","text":"https://secwatch.observer/filing/0001104659-24-093098.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/314489/000110465924093098/0001104659-24-093098-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/314489/000110465924093098/tm2422366d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T07:30:36.037839+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}