4Filed Aug 3, 8:00 PM ET
First Busey (BUSE) EVP Monica Bowe Receives Stock Award
$BUSE · FIRST BUSEY CORP /NV/Research Summary
AI-generated summary of this SEC filing
First Busey (BUSE) EVP Monica Bowe Receives Stock Award
What Happened
- Monica L. Bowe, Executive Vice President & Chief Risk Officer of First Busey Corporation (BUSE), reported two award/acquisition transactions. On 2026-06-30 she acquired 96.962 shares through the employee stock purchase plan at $21.66 each (total ~$2,100). On 2026-07-31 she was credited with 268 shares at $0.00 as dividend-equivalent rights on restricted stock units.
Key Details
- Transaction types: both reported as "A" (grant/award/other acquisition).
- Dates and prices:
- 2026-06-30: 96.962 shares @ $21.66 — total ≈ $2,100 (ESPP purchase).
- 2026-07-31: 268 shares @ $0.00 — dividend-equivalent RSU credit (no cash outlay).
- Filing: Form 4 filed with the SEC on 2026-08-04 covering these transactions.
- Shares owned after transaction: not specified in the provided summary (see full Form 4 for holdings).
- Footnotes:
- F1: The ESPP purchase was made through First Busey’s Employee Stock Purchase Plan and characterized as exempt under Rule 16b-3(c) and 16b-3(d).
- F2: The 268 shares reflect dividend-equivalent rights accrued on RSUs; each right equals the economic value of one common share.
Context
- The June ESPP entry is an employee purchase (routine compensation/benefit), which insiders often make as part of payroll/plan participation and is generally considered ordinary rather than a market-timing signal.
- The July entry is a non-cash dividend-equivalent accrual on RSUs, not an open-market purchase.
- These are acquisitions (awards/purchases), which retail investors often view as mildly positive but should be considered with broader insider activity and company fundamentals.