Cassens Michael David 4
4 · FIRST BUSEY CORP /NV/ · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
First Busey (BUSE) Director Michael Cassens Receives 242-Share Award
What Happened Michael David Cassens, a director of First Busey Corporation (BUSE), was credited with 242 shares as a grant/award (code A) on 2026-01-30. The filing reports the acquisition price as $0.00, so no cash was paid; the reported value for the transaction is $0. This transaction reflects dividend-equivalent rights tied to Deferred Stock Units, not an open-market purchase.
Key Details
- Transaction date and type: 2026-01-30 — Grant/award (A) of 242 shares at $0.00 per share.
- Report filed: 2026-02-03 (filed on the Form 4 due date; considered timely).
- Shares owned after transaction: Not specified in the filing.
- Footnote: The 242 units represent dividend equivalent rights accrued on Deferred Stock Units; each dividend equivalent right is the economic equivalent of one share of First Busey common stock.
Context These units are a form of deferred compensation/dividend equivalent, effectively crediting the director with the economic value of dividends in share-equivalent units. Such awards are routine compensation adjustments and do not represent an out-of-pocket purchase or a sale of shares; they should not be interpreted as a direct bullish or bearish market signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-01-30+242→ 140,273 total
Footnotes (1)
- [F1]Represents dividend equivalent rights accrued on Deferred Stock Units in connection with the payment of a cash dividend on First Busey Corporation Common Stock. Each dividend equivalent right is the economic equivalent of one share of First Busey Corporation Common Stock.