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EdgarHawk

Phillips Scott A.

Chief Accounting Officer

Officer

Latest: Chief Accounting Officer buying · May 2026

7 filings analyzed · 1 company · Latest 2026-05-05

Companies

Company Buys Sells Direction
FIRST BUSEY CORP /NV/ BUSE 17 0 Net buying

Activity

May 2026
2026-05-05 FIRST BUSEY CORP /NV/ BUSE
high
Buy
5,000 shares
$129,508
Significance 5/10

Chief Accounting Officer Phillips Scott A. purchases 1,046 shares at open market, signaling insider confidence in BUSE fundamentals.

Scott Phillips, Chief Accounting Officer at First Busey Corp, made an open-market purchase of shares at a time when the stock was trading modestly below its year-to-date highs. The timing is noteworthy because it coincides with a profitable company posting strong revenue growth and stable earnings, suggesting the executive sees value even as the broader market has pulled back slightly. What stands out here is the deliberate nature of the buy—this is not a vesting event or forced exercise, but an active capital deployment by someone with direct visibility into the company's accounting and financial health. Given that Phillips holds the Chief Accounting Officer role, his personal investment carries weight as a confidence signal that internal metrics and near-term outlook remain solid. The combination of this insider conviction, robust profitability, and a stock trading within shouting distance of highs indicates management believes the current price reflects fair to attractive value.

November 2025
2025-11-04 FIRST BUSEY CORP /NV/ BUSE
medium
Buy
1,350 shares
$34,610
Significance 6/10

CAO Phillips Scott A. acquired 1,350 shares of BUSE at $25.64; +135.0% increase to 2,350 total holdings. Stock now -17.8% from 52-week high.

Scott A. Phillips, serving as Chief Administrative Officer, executed a substantial open-market purchase of 1,350 shares for $34,609.55, enlarging his position by 135.0%. The acquisition at $25.64 occurs within the 52-week range ($19.20–$27.55) but notably -17.8% below the 52-week high, placing the purchase closer to mid-range valuations. Examining his same-ticker history at BUSE over 5 prior trades, Phillips shows mixed timing: only 1 of 4 prior buys resulted in a 90-day gain, though his 2024-09-30 buy yielded +23.4% (30-day) and +17.3% (90-day). His most recent BUSE acquisition on 2025-08-19 declined -0.4% in the 30-day window. Cross-ticker, his 14 prior buys averaged +5.8% (30-day) and +7.6% (90-day) with a 53.85% 90-day win rate, indicating moderate historical accuracy on buy signals. The company's fundamentals show $198.0M quarterly revenue, $47.4M net income, +4.6% annual growth, and a P/E of 26.05 at a $2.0B market cap—suggesting a valued, growing business, though current valuation does not appear stretched.

August 2025
2025-08-21 FIRST BUSEY CORP /NV/ BUSE
medium
Buy
1,000 shares
$25,250
Significance 5/10

CAO/Interim CFO Phillips buys 1,000 BUSE shares at $25.25; stock now at $23.19, down 4.0% in 30 days.

Phillips Scott A., serving as both Chief Administrative Officer and Interim CFO, purchased 1,000 shares at $25.25, representing a 25.0% increase in his holdings to 5,005 shares. The purchase occurred while the stock trades 15.8% below its 52-week high of $27.55 and has declined 4.0% over the trailing 30 days, though it is up 7.3% over 90 days. Across his cross-ticker track record of 13 prior open-market buys, Phillips has averaged a 90-day return of +7.6% with a 53.85% win rate. However, his prior five trades at BUSE show a 1-of-5 well-timed record at the 90-day mark, with mixed outcomes including a -6.6% 90-day return on two prior October 2024 purchases and a -10.2% 90-day decline on two prior July 2024 purchases. The dual executive role and accumulation pattern warrant observation of subsequent quarterly results to assess whether the timing aligns with fundamental momentum.

October 2024
2024-10-29 FIRST BUSEY CORP /NV/ BUSE
medium
Buy
41 shares
$1,017
Significance 5/10

PAO Phillips buys 41 shares at $24.50 in 2 transactions; cross-ticker track record shows 60.00% 90-day win rate on buys, but same-ticker history mixed at BUSE

Phillips Scott A., Principal Accounting Officer at First Busey Corp, made 2 separate purchases totaling 41 shares for $1,016.69 on 2024-10-28 at a blended average price of $24.50. His cross-ticker track record shows 11 prior buys with an average 90-day return of +9.4% and a 90-day win rate of 60.00%, suggesting modest predictive value. However, same-ticker history at BUSE reveals a more cautious pattern: his 5 prior trades produced mixed results, with only 1 of 4 prior buys returning positive 90-day gains. Most recently he bought 30 shares on 2024-09-30 (outcome not yet measurable), and his July buys at this ticker both recorded -10.2% 90-day returns. At the current price of $24.78, the stock is -12.8% from its 52-week high and down -3.3% over 30 days and -9.7% over 90 days. The PAO's continued accumulation at BUSE despite recent weakness and prior underperformance here warrants attention to understand management's conviction relative to near-term price trends.

2024-10-28 FIRST BUSEY CORP /NV/ BUSE
medium
Buy
321 shares
$6,498
Significance 3/10

Principal Accounting Officer Scott Phillips bought 321 BUSE shares at $20.22; stock down 9.0% in 90 days post-transaction.

Phillips Scott A., the Principal Accounting Officer, purchased 321 shares of First Busey Corp on 2024-09-30 at $20.22, increasing his holdings to 6,363 shares (+5.3%). The transaction occurred when the stock was trading 11.0% below its 52-week high of $28.41, yet the stock has declined 9.0% over the subsequent 90 days. At the same ticker (BUSE), Phillips' three prior measurable trades show a 0% well-timed rate at the 90-day horizon: his July 2024 buys were followed by -10.2% declines, and his July 2024 sell preceded a +4.8% rise. This accumulation by an accounting executive occurs within a reasonably valued company (P/E 13.11, market cap $1.4B), but the timing pattern and recent price weakness warrant attention to whether business fundamentals have deteriorated since the purchase date.

July 2024
2024-07-31 FIRST BUSEY CORP /NV/ BUSE
high
Buy
33 shares
$932
Significance 6/10

Phillips (PAO) bought 33 shares at $28.19; 5 other insiders also bought within 14 days—cluster pattern emerges

Phillips Scott A., Principal Accounting Officer at First Busey Corp, purchased 2 separate tranches totaling 33 shares at $28.19 on 2024-07-30 for $931.65. This activity is part of a broader cluster of 5 other insiders also buying within the past 14 days, suggesting coordinated confidence at the company level. At the same-ticker level, Phillips' prior three buyable trades (2024-03-28, 2024-05-01 pair, and 2024-06-28) show a 3-for-3 pattern of positive 90-day returns, with the most recent 2024-06-28 purchase up 42.4% at the 30-day mark. The current stock price of $27.44 is -3.4% from its 52-week high and up 15.3% over the past 30 days, suggesting recent momentum. The concurrent buying by multiple insiders reinforces the signal that company leadership views current or near-term prospects favorably.

2024-07-09 FIRST BUSEY CORP /NV/ BUSE
medium
Buy
62 shares
$1,347
Significance 4/10

PAO Phillips Scott buys 62 shares across 3 trades, sells 161 shares at $23.54 in July 2024; holdings fall 3.0% to 3.2K shares.

Phillips Scott A., Principal Accounting Officer at First Busey Corp, executed 3 purchases totaling 62 shares for $1.3K between May and June 2024, followed by a single sale of 161 shares for $3.8K on 2024-07-05. The net effect reduced his shareholding by 98 shares (-3.0% vs pre-transaction holdings of 3.3K shares), leaving him with 3.2K shares post-transaction. A cluster of 3 other insiders also bought within the past 14 days, suggesting coordinated accumulation. His same-ticker history shows mixed timing: 3 of his 5 prior buys at BUSE were well-timed at the 90-day mark, though his cross-ticker track record reflects modest returns (avg 90d +8.5%, 60% win rate). The stock currently trades at $23.88, within 6.0% of its 52-week high, and has appreciated 6.2% over 30 days and 6.8% over 90 days. The company's P/E of 12.12 and market cap of $1.4B provide context for a modestly valued, mid-cap financial institution.

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