KENNEY FREDERIC L 4
4 · FIRST BUSEY CORP /NV/ · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
First Busey (BUSE) Director Frederic Kenney Receives Deferred Stock Award
What Happened
Frederic L. Kenney, a director of First Busey Corp (BUSE), was granted 2,865 Deferred Stock Units on April 1, 2026. The Form 4 reports the units as acquired at $0.00 per unit (total reported value $0) — this is an award/compensation grant, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-01; Form 4 filed: 2026-04-03 (filed within the normal two‑business‑day window).
- Grant type/code: A (award/grant of deferred stock units).
- Units granted: 2,865; reported price: $0.00; reported cash value: $0.
- Shares owned after transaction: Not specified on the provided excerpt of the filing.
- Footnote: F1 — the grant represents Deferred Stock Units granted by the Board that vest after one year.
- No indication of a 10b5-1 plan, tax withholding, or immediate sale in this filing.
Context
Deferred Stock Units are a form of equity compensation that convert into shares (or equivalent cash/value) after vesting; they are commonly used for director compensation and do not reflect an immediate market purchase or sale. Because this is an awarded, time‑based grant, it is a routine compensation item rather than a direct signal of the insider buying or selling shares today.
Insider Transaction Report
- Award
Common Stock
[F1]2026-04-01+2,865→ 74,134 total
- 55,137(indirect: By Spouse)
Common Stock
- 38,788(indirect: By Trust)
Common Stock
Footnotes (1)
- [F1]Represents a grant by the Board of Directors of Deferred Stock Units which vest after one year.