DUKEMAN VAN A 4
Research Summary
AI-generated summary
First Busey (BUSE) CEO Van A. Dukeman Receives 35,321-Share Award
What Happened
- Van A. Dukeman, President & CEO and Director of First Busey Corp (BUSE), was granted 35,321 restricted stock units (RSUs) on 2026-04-01. The award is listed at an acquisition price of $0.00 (typical for RSU grants); the filing shows total acquisition value as $0.
Key Details
- Transaction date: 2026-04-01; Form 4 filed: 2026-04-03.
- Transaction type/code: Award/Grant (A) — Restricted Stock Units.
- Shares granted: 35,321 RSUs at $0.00 per unit (grant value not stated on the Form 4).
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: F1 — RSUs vest in equal installments on each of the first three anniversaries of the grant date.
- Filing timeliness: Reported two days after the grant date; this appears to meet the typical Form 4 filing window (within two business days).
Context
- RSU grants are a form of compensation and do not reflect an immediate purchase or sale of stock; the units convert to shares only as they vest. Because vesting is spread over three years, these shares are not available for immediate sale unless previously vested units exist.
- Awards are routine for executives and should be interpreted as compensation-related rather than a direct market sentiment signal.