King Stephen V 4

What Happened Stephen V. King, a director of First Busey Corp. (BUSE), received a grant of 2,865 Deferred Stock Units on April 1, 2026. The award is reported on a Form 4 as an acquisition (code A) at $0.00 per unit (no cash paid at grant). This is a compensation award rather than a market purchase or sale.

Key Details

• Transaction date: 2026-04-01 (reported on Form 4 filed 2026-04-03).
• Transaction type/code: Award/Grant (A).
• Amount: 2,865 Deferred Stock Units; grant price shown as $0.00 (no cash exchanged).
• Vesting note: Footnote F1 — these are Deferred Stock Units that vest after one year.
• Shares owned after transaction: Not specified in the filing.
• No 10b5-1 plan, tax-withholding, or late-filing flag is indicated in the report.

Context Deferred Stock Units (DSUs) are a form of equity compensation that typically convert to shares or cash tied to the company’s stock value when they vest or are paid out. They do not represent an immediate open-market purchase or sale and generally reflect director compensation rather than an outright endorsement or disposition of the stock. The eventual value to the insider will depend on BUSE’s share price when the DSUs vest or are settled.