First Busey (BUSE) Director Frederic Kenney Receives 264-Share Award

What Happened Frederic L. Kenney, a director of First Busey Corporation (BUSE), was credited with 264 shares on July 31, 2026 as an award/acquisition. The filing reports these 264 units at $0.00 per share (total reported value $0). The award represents dividend equivalent rights credited to Deferred Stock Units tied to the company’s cash dividend (each dividend equivalent equals the economic equivalent of one share).

Key Details

• Transaction date: 2026-07-31; Form 4 filed: 2026-08-04.
• Transaction type: A (Grant/award or other acquisition).
• Shares reported acquired: 264 at $0.00; reported acquisition value $0.
• Shares owned after transaction: not specified in the provided excerpt.
• Footnote: F1 — these are dividend equivalent rights accrued on Deferred Stock Units in connection with a cash dividend; each right equals one share economically.
• Timeliness: filing date is 4 days after the transaction date; the provided excerpt does not state a late-filing flag — consult the full SEC filing for official timeliness status.

Context This was an award of dividend equivalents on deferred stock units (part of director compensation), not an open-market purchase or sale. Such awards are common and reflect compensation plan mechanics rather than an insider buying or selling shares; they don't by themselves indicate the insider's market sentiment. If you monitor insider activity for trading signals, purchases are generally more informative than compensation-driven awards.