Brenneman Rod 4

What Happened

• Rod Brenneman, a director of First Busey Corporation (BUSE), was granted 36 shares on January 30, 2026. The transaction is reported as an award/acquisition (code A) with an acquisition price of $0.00.
• The filing indicates these 36 shares represent dividend equivalent rights accrued on Deferred Stock Units (DSUs), meaning each unit is the economic equivalent of one share and no cash was paid at grant.

Key Details

• Transaction date: 2026-01-30; Filing date: 2026-02-03 (appears to be timely).
• Transaction type/code: Award/Acquisition (A). Price reported: $0.00 per share. Total listed value at grant: $0.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Relevant footnotes:
  • F1: These 36 shares are dividend equivalents on DSUs (each equals one share economically).
  • F2: Notes 9,218 shares were previously transferred from Brenneman’s direct ownership to his trust.
  • F3: Notes a charitable donation of 5,000 shares from his trust on Dec 9, 2025 (previously reported as from direct holdings).
• No indication of a sale, purchase, or exercise of options in this report — this is an award of dividend-equivalent units.

Context

• Dividend-equivalent awards on DSUs are routine compensation/benefit mechanisms for insiders and do not represent an open-market purchase or sale; they generally do not by themselves signal a change in management sentiment about the stock.
• The filing does not show any cash paid or immediate sale of the awarded units; they are accruals tied to existing deferred stock units.