4Filed Aug 3, 8:00 PM ET
First Busey CEO Van A. Dukeman Receives 1,577-Share Award
$BUSE · FIRST BUSEY CORP /NV/Research Summary
AI-generated summary of this SEC filing
First Busey CEO Van A. Dukeman Receives 1,577-Share Award
What Happened
Van A. Dukeman, President & CEO and a director of First Busey Corporation (BUSE), was credited with 1,577 shares on July 31, 2026 as an award/acquisition (code A). The filing reports a $0.00 per-share acquisition price and $0 total cash consideration because these are dividend-equivalent rights credited on restricted stock units (RSUs), not an open-market purchase.
Key Details
- Transaction date: 2026-07-31; Form 4 filed: 2026-08-04 (filed within the SEC two-business-day window).
- Reported price: $0.00 per share; total reported cash value: $0.
- Shares acquired: 1,577 dividend-equivalent rights tied to RSUs (Footnote F1). Each dividend-equivalent right is economically equivalent to one share.
- Shares owned after transaction: Not specified in the provided filing.
- Transaction code: A (grant/award). No 10b5-1 plan, tax withholding, or late-filing flags noted in this filing.
Context
This transaction represents compensation-related accruals (dividend equivalents on RSUs), a routine non-cash award often used to mirror dividend payments on outstanding RSUs. Such awards reflect executive compensation mechanics rather than an outright market purchase or sale.