4Filed Aug 3, 8:00 PM ET
First Busey (BUSE) Director Jennifer Grigsby Receives 53-Share Award
$BUSE · FIRST BUSEY CORP /NV/Research Summary
AI-generated summary of this SEC filing
First Busey (BUSE) Director Jennifer Grigsby Receives 53-Share Award
What Happened
- Director Jennifer M. Grigsby received an award of 53 dividend-equivalent rights tied to Deferred Stock Units on 2026-07-31. The transaction is reported as an "A" (award/grant) at $0.00 per share (no cash paid).
- The Form 4 shows acquisition of 53 units; the filing does not state a cash value for the grant. This is an award/accrual rather than a market purchase or sale.
Key Details
- Transaction date: 2026-07-31; Form 4 filed: 2026-08-04.
- Transaction type/code: A = Grant/award/acquisition of dividend-equivalent rights.
- Shares/units acquired: 53 at $0.00 (acquired).
- Shares owned after transaction: not specified in the provided summary.
- Footnote: These are dividend equivalent rights accrued on Deferred Stock Units; each right is the economic equivalent of one share of First Busey common stock.
Context
- Dividend-equivalent accruals on deferred stock units are commonly part of director compensation and reflect dividend payments credited as additional units rather than a cash purchase—this is not a market buy or sell.
- Such awards are typically routine compensation, so they don’t necessarily signal a change in the insider’s view of the company’s stock.