FIRST BUSEY CORP /NV/·4

May 5, 5:36 PM ET

Bowe Monica L 4

Research Summary

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Updated

First Busey (BUSE) EVP Monica Bowe Receives Stock Awards

What Happened

  • Monica L. Bowe, Executive Vice President & Chief Risk Officer of First Busey Corporation (BUSE), reported two acquisitions (grants/awards).
  • On 2026-03-31 she acquired 155.058 shares at $20.32 each (total value ≈ $3,150) under the company plans. On 2026-05-01 she acquired 308 shares with a reported price of $0.00 (these represent dividend-equivalent rights tied to restricted stock units).
  • These are acquisitions/awards (code A) — not sales — and are typically routine compensation or plan-related distributions rather than open-market purchases.

Key Details

  • Transaction dates and prices:
    • 2026-03-31: 155.058 shares @ $20.32 (≈ $3,150) — footnote F1: acquired under the First Busey Employee Stock Purchase Plan (exempt under Rule 16b-3(c) and (d)).
    • 2026-05-01: 308 shares @ $0.00 — footnote F2: represents dividend-equivalent rights on Restricted Stock Units (each right equals the economic value of one share).
  • Shares owned after the transactions: Not specified in the excerpt of the filing; see the full Form 4 for total holdings.
  • Filing timeliness: The Form 4 was filed 2026-05-05. The Mar 31 ESPP purchase appears to have been reported late (officers must generally file within 2 business days). The May 1 award was reported within the 2-business-day window.
  • Transaction code: A = Award/Grant/Other acquisition.

Context

  • ESPP purchases and dividend-equivalent payments are common ways companies compensate executives and do not by themselves indicate a change in insider sentiment. Dividend-equivalent rights simply mirror cash dividends paid on common shares but are recorded as additional RSU-related units.
  • These transactions are small in dollar value and appear to be plan-driven compensation events rather than opportunistic market buys or sales. Check the full Form 4 for total holdings and any additional notes.