Chan Christopher H.M. 4
4 · FIRST BUSEY CORP /NV/ · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
First Busey (BUSE) CFO Christopher Chan Receives 11,773 RSU Award
What Happened Christopher H.M. Chan, Chief Financial Officer of First Busey Corp (ticker: BUSE), received a grant of 11,773 restricted stock units (RSUs) on April 1, 2026. The award was reported at an acquisition price of $0.00 (no cash paid up front). This is an equity compensation award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-01; Form 4 filed: 2026-04-03 (timely filing).
- Shares/units granted: 11,773 RSUs; reported acquisition price: $0.00; total reported value: $0.
- Shares owned after transaction: not disclosed in this filing.
- Footnote: The RSUs vest in equal installments on each of the first three anniversaries of the grant date (see footnote F1).
- Transaction code: A (award/grant).
Context RSUs are a form of deferred equity compensation that convert to shares only after vesting; they do not represent immediately tradeable shares. Grants like this are common for executives and are intended for retention and alignment with long-term shareholder value. Because the units vest over time, this award alone should not be taken as an immediate market signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-04-01+11,773→ 33,635 total
Footnotes (1)
- [F1]Represents a grant by the Board of Directors of Restricted Stock Units which vest in equal installments on each of the first three anniversaries of the grant date.