Kevin Rauckman - Mar 1, 2025 Form 4 Insider Report for CROSSFIRST BANKSHARES, INC. (CFB)

Role: Director
Signature: /s/ Amy Abrams, by Power of Attorney
Stock symbol: CFB
Transactions as of: Mar 1, 2025
Transactions value $: $0
Form type: 4
Date filed: 3/4/2025, 11:25 AM
Previous filing: May 28, 2024
Next filing: Mar 28, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Shares	Change %	Date	Ownership	Footnotes
transaction	CFB	Common Stock	Disposed to Issuer	-26.9K	-100%	Mar 1, 2025	Direct	F1
transaction	CFB	Common Stock	Disposed to Issuer	-37.3K	-100%	Mar 1, 2025	Kevin S. Rauckman Trust	F1
transaction	CFB	Series A Non-Cumulative Perpetual Preferred Stock	Disposed to Issuer	-250	-100%	Mar 1, 2025	Kevin S. Rauckman Trust	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Kevin Rauckman is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Disposed of pursuant to that certain Agreement and Plan of Merger (the "Merger Agreement") entered into on August 26, 2024, between Issuer and First Busey Corporation ("Busey"). Pursuant to the Merger Agreement, at the effective time of the merger, Issuer merged with and into Busey with Busey surviving the merger, and each share of common stock, par value $0.01 per share, of Issuer outstanding immediately prior to the effective time of the merger, other than certain excluded shares, were converted into the right to receive (a) 0.6675 shares of common stock, par value $0.001, of Busey and (b) cash in lieu of fractional shares. In connection with the merger closing, all remaining previously reported, but unvested Issuer Restricted Stock Awards vested as of the closing date of the merger.
F2	Pursuant to the Merger Agreement, each issued and outstanding share of Series A Non-Cumulative Perpetual Preferred Stock, par value $0.01, of Issuer was converted into the right to receive one (1) share of Series A Non-Cumulative Perpetual Preferred Stock, par value $0.001, of Busey.

Content

Disposed of pursuant to that certain Agreement and Plan of Merger (the "Merger Agreement") entered into on August 26, 2024, between Issuer and First Busey Corporation ("Busey"). Pursuant to the Merger Agreement, at the effective time of the merger, Issuer merged with and into Busey with Busey surviving the merger, and each share of common stock, par value $0.01 per share, of Issuer outstanding immediately prior to the effective time of the merger, other than certain excluded shares, were converted into the right to receive (a) 0.6675 shares of common stock, par value $0.001, of Busey and (b) cash in lieu of fractional shares. In connection with the merger closing, all remaining previously reported, but unvested Issuer Restricted Stock Awards vested as of the closing date of the merger.

Pursuant to the Merger Agreement, each issued and outstanding share of Series A Non-Cumulative Perpetual Preferred Stock, par value $0.01, of Issuer was converted into the right to receive one (1) share of Series A Non-Cumulative Perpetual Preferred Stock, par value $0.001, of Busey.