RAUCKMAN KEVIN 4
Research Summary
AI-generated summary
First Busey (BUSE) Director Kevin Rauckman Receives Award
What Happened
Kevin Rauckman, a director of First Busey Corp (BUSE), was granted 2,865 Deferred Stock Units (DSUs) on April 1, 2026. The award is recorded at $0.00 per unit (no cash paid). This is a compensation grant by the board—not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-04-01; Form 4 filed 2026-04-03 (appears timely).
- Transaction type/code: Grant/Award (A).
- Units granted: 2,865 Deferred Stock Units; reported acquisition price $0.00.
- Vesting: Units vest after one year (per filing footnote).
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Implication: This is a standard director compensation award, not a buy/sell signal.
Context
Deferred Stock Units are a form of equity compensation that typically convert to company shares (or equivalent value) once they vest; they do not represent an immediate market purchase or sale. Such awards are common for board members and mainly reflect compensation policy rather than an insider trading signal.