Powers John Joseph 4
Research Summary
AI-generated summary
First Busey (BUSE) EVP John Powers Receives Awards
What Happened
- John Joseph Powers, Executive Vice President & General Counsel of First Busey Corporation (BUSE), reported multiple share acquisitions. He received 194.058 shares on 2025-10-31 at $22.36 (value ~$4,339), plus 938 shares on 2025-12-31 and 489 shares on 2026-01-30 reported at $0.00. Total shares acquired across these entries: 1,621.058.
- These were acquisitions/awards and not open-market purchases or sales — typically considered routine company plan allocations rather than directional insider trading.
Key Details
- Transaction dates and prices:
- 2025-10-31: 194.058 shares @ $22.36 (acquired) — ~$4,339
- 2025-12-31: 938 shares @ $0.00 (acquired)
- 2026-01-30: 489 shares @ $0.00 (acquired)
- Shares owned after the transactions: not specified in the details you provided (check the full Form 4 for "Owned after reporting" if needed).
- Relevant footnotes from the filing:
- F1: Shares acquired via dividend reinvestment in the Employee Stock Purchase Plan (exempt under Rule 16b-3(c) & (d)).
- F2: Allocations/contributions/dispositions within the 401(k) and Profit Sharing Plan since the last report.
- F3: Dividend equivalent rights on Restricted Stock Units (each equivalent equals one share).
- Filing date was 2026-02-03 while transactions occurred on 2025-10-31, 2025-12-31 and 2026-01-30. The 12/31/2025 allocation is more than a month before the filing date; investors who track reporting timeliness may want to review the full Form 4 for any timeliness codes or explanations.
Context
- These transactions reflect awards, plan allocations and dividend-equivalent credits (common non-market transfers) rather than an open-market buy or sale. Such routine plan-based acquisitions often result from employer benefit programs or dividend reinvestment and do not necessarily indicate the insider’s personal buying/selling intent.