Grigsby Jennifer M 4
Research Summary
AI-generated summary
First Busey (BUSE) Director Jennifer Grigsby Receives Deferred Stock Award
What Happened
- Jennifer M. Grigsby, a director of First Busey Corp (BUSE), was granted 2,865 Deferred Stock Units on 2026-04-01. The units were awarded at $0.00 per unit (no cash paid) and the grant is reported as an award rather than a purchase or sale.
Key Details
- Transaction date: 2026-04-01; Form 4 filed: 2026-04-03 (appears timely).
- Award size: 2,865 Deferred Stock Units; reported price: $0.00; reported cash value: $0.
- Post-transaction shares owned: not specified in the information provided in this summary.
- Footnote: F1 — these are Deferred Stock Units granted by the Board that vest after one year.
- Transaction code: A (award/grant). Not a purchase (P) or sale (S); not an option exercise (M) or gift (G).
Context
- Deferred Stock Units are a form of compensation that typically convert into actual shares (or cash equivalent) after vesting; they do not represent immediate share ownership or an immediate sale. Such awards are common for directors and primarily reflect compensation, not a direct market signal to buy or sell the stock.