Fauss Amy 4
Research Summary
AI-generated summary
First Busey (BUSE) CIO Amy Fauss Receives Stock Award
What Happened
- Amy Fauss, Chief Information & Technology Officer of First Busey Corporation (BUSE), reported two award/acquisition transactions. On 2026-03-31 she acquired 425.745 shares at $20.32 each (total reported value $8,649). On 2026-05-01 she received 218 units at $0.00 (reported value $0), representing dividend-equivalent rights on restricted stock units.
Key Details
- Transaction dates and prices:
- 2026-03-31: 425.745 shares acquired @ $20.32 each; total reported value $8,649.
- 2026-05-01: 218 units acquired @ $0.00; total reported value $0 (dividend equivalents).
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Footnotes:
- F1: The shares were acquired under the First Busey Employee Stock Purchase Plan and were exempt under Rule 16b-3(c) and 16b-3(d) (typical for ESPP transactions).
- F2: The 218 units are dividend equivalent rights on RSUs; each right is the economic equivalent of one share.
- Filing: Form 4 filed 2026-05-05 reporting the above transactions dated 2026-03-31 and 2026-05-01.
Context
- These were award/acquisition transactions (not open-market purchases or sales). ESPP purchases and dividend-equivalent payments are routine compensation and benefit-related transfers rather than direct market-timing trades. Dividend-equivalent rights reflect cash dividend accruals on RSUs and are not new market purchases.