KENNEY FREDERIC L 4
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First Busey (BUSE) Director Frederic L. Kenney Receives Award of 294 Shares
What Happened Frederic L. Kenney, a director of First Busey Corporation (BUSE), was credited with 294 shares on January 30, 2026 as an award/acquisition (Form 4 code A). The filing reports 294 shares acquired at $0.00 (total reported value $0). The filing notes these are dividend equivalent rights accrued on Deferred Stock Units tied to a cash dividend — each right is the economic equivalent of one share.
Key Details
- Transaction date: 2026-01-30; 294 shares @ $0.00 (acquisition / award).
- Consideration: $0 reported (non-cash award of dividend equivalents).
- Footnote: Dividend equivalent rights represent amounts accrued on Deferred Stock Units in connection with the payment of a cash dividend; each is economically equivalent to one share.
- Filing date: 2026-02-03 (the Form 4 was filed after the transaction date). The provided excerpt does not include an official timeliness flag; Form 4s are generally due within two business days of the transaction.
- Shares owned after the transaction: not specified in the provided excerpt.
Context This was a non-cash credit of dividend-equivalent deferred stock units, a routine administrative/compensation-type entry when companies pay dividends. Such awards are not the same as an open-market purchase and do not, by themselves, indicate insider buying pressure. Retail investors should treat this as a dividend-related compensation adjustment rather than a directional insider trade.