4Filed Aug 3, 8:00 PM ET
First Busey (BUSE) Director Michael Cassens Receives Award
$BUSE · FIRST BUSEY CORP /NV/Research Summary
AI-generated summary of this SEC filing
First Busey (BUSE) Director Michael Cassens Receives Award
What Happened
Michael Cassens, a director of First Busey Corporation (BUSE), was granted 221 shares via an award on July 31, 2026. The filing reports the acquisition as 221 units at $0.00 (no cash consideration); these represent dividend-equivalent rights tied to Deferred Stock Units rather than an open-market purchase.
Key Details
- Transaction date: 2026-07-31; Filing date (Form 4): 2026-08-04 (filed within required business-day window).
- Transaction type/code: Award/Grant (A).
- Shares/units acquired: 221 at $0.00; total cash paid reported: $0.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: These are dividend equivalent rights accrued on Deferred Stock Units; each right is the economic equivalent of one share of common stock.
Context
This transaction reflects compensation-related equity accrual (dividend equivalents on deferred units), not a market purchase or sale. Such awards are routine for directors and do not necessarily signal a buy/sell opinion by the insider.