|4Feb 3, 4:42 PM ET

Bowe Monica L 4

Research Summary

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First Busey (BUSE) EVP Monica L. Bowe Receives Awards

What Happened

  • Monica L. Bowe, Executive Vice President & Chief Risk Officer of First Busey Corporation (BUSE), reported two acquisitions: 107.045 shares acquired on 2025-12-31 (recorded at $19.62/share, total $2,100) and 443 shares acquired on 2026-01-30 (recorded at $0.00). Both transactions are recorded as "A" (award/grant/acquisition) on the Form 4—these are acquisitions (employee plan award/purchase and dividend-equivalent credits), not sales.

Key Details

  • Transaction dates and amounts:
    • 2025-12-31: 107.045 shares @ $19.62, value reported $2,100.
    • 2026-01-30: 443 shares @ $0.00, value reported $0.
  • Total shares acquired in these entries: 550.045 shares (combined).
  • Shares owned after the transaction: Not provided in the supplied excerpt of the filing.
  • Footnotes:
    • F1: Some shares were purchased through the First Busey Employee Stock Purchase Plan (ESPP); transactions are exempt under Rule 16b-3(c).
    • F2: The zero-dollar entry represents dividend-equivalent rights accrued on Restricted Stock Units (each DE right equals the economic equivalent of one share).
  • Filing timeliness: The Form 4 was filed 2026-02-03 for a primary transaction on 2025-12-31 — this is later than the typical two-business-day Form 4 deadline (i.e., a late filing).

Context

  • Dividend-equivalent credits on RSUs are compensation-related and are often recorded as share equivalents; the $0.00 unit value here reflects how the award was reported, not that the shares are worthless.
  • ESPP purchases and RSU dividend equivalents are routine insider compensation-related acquisitions and do not necessarily signal directional trading intent by the insider.