STOCK-BASED COMPENSATION (Tables)

Changes in Busey’s outstanding equity awards are presented in the tables below:


	RSU Awards	PSU Awards1	DSU Awards
Nonvested at December 31, 2025	1,320,537	525,501	41,218
Granted	—	—	—
Dividend equivalents earned	13,929	1,877	435
Vested	(613,166)	(43,283)	(41,653)
Forfeited	(58,395)	(32,086)	—
Nonvested at March 31, 2026	662,905	452,009	—

Vested and outstanding at March 31, 2026	—	—	189,269

___________________________________________

1.Represents target shares at the grant date.

Shares remaining available for issuance under Busey’s equity compensation plans as of March 31, 2026, are set forth in the table below:


Plan						Shares Remaining Available for Issuance Pursuant to the Plan
2020 Equity Plan						746,172
ESPP						254,688

Busey recognized compensation expense related to non-vested equity awards as summarized in the table below:


	Three Months Ended March 31,
(dollars in thousands)		2026		2025
Stock-based compensation expense
Salaries, wages, and employee benefits1		$	3,930	$	3,217
Other expense2		206		177
Total stock-based compensation expense		$	4,136	$	3,394

___________________________________________

1.Includes expenses for RSUs, PSUs, SSARs, and the ESPP.

2.Represents expenses for DSU awards.

Unamortized compensation expense related to non-vested equity awards is summarized in the table below:


	As of
(dollars in thousands)	March 31, 2026		December 31, 2025





Unamortized stock-based compensation	$	9,873	$	15,309

Weighted average period over which expense is to be recognized on awards issued under Busey's 2020 Equity Plan	1.9 years		1.8 years
Weighted average period over which expense is to be recognized on CrossFirst replacement awards	1.1 years		1.2 years