Chan Christopher H.M. 4
Research Summary
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First Busey (BUSE) CFO Christopher Chan Receives 329-Share Award
What Happened Christopher H.M. Chan, Chief Financial Officer of First Busey Corporation (BUSE), was credited with 329 shares as an award (Form 4 code A) on May 1, 2026. The filing reports the shares at $0.00 (no cash paid) — these are dividend-equivalent rights tied to existing restricted stock units, not an open-market purchase.
Key Details
- Transaction date: 2026-05-01
- Filing date: 2026-05-05 (filed within the SEC’s 2 business‑day window; timely)
- Transaction type: Award/Grant (A) — 329 shares @ $0.00 (total reported value $0)
- Shares owned after transaction: not disclosed in the provided filing excerpt
- Footnote: The 329 units are dividend equivalent rights accrued on RSUs; each right is the economic equivalent of one share of First Busey common stock (F1).
Context This was a non-cash credit of dividend equivalents on previously granted RSUs — a routine compensation/dividend accounting event rather than a purchase or sale of stock. Such credits reflect dividend accruals on RSUs and should not be interpreted alone as a bullish or bearish signal.