Hammond Thomas Anthony 4

What Happened

• Thomas Anthony Hammond, President of Busey Bank, was granted/received 121 shares on 2026-05-01 as an award (transaction code A). The Form 4 reports 121 shares at $0.00 (acquired value $0), reflecting dividend-equivalent rights tied to restricted stock units (RSUs).

Key Details

• Transaction date: 2026-05-01; filing date (Form 4): 2026-05-05 (appears timely).
• Price: $0.00 per share; reported total cash value for the acquisition: $0.
• Shares acquired: 121 dividend-equivalent rights (each equals the economic equivalent of one share).
• Shares owned after transaction: not provided in the excerpt of the filing.
• Footnote F1: These 121 units represent dividend equivalent rights accrued on RSUs due to a cash dividend on First Busey common stock.
• Transaction type: Award/settlement of RSU-related dividend equivalents (not an open-market purchase or sale).

Context

• Dividend-equivalent rights are compensation-related and represent the economic equivalent of shares; they are typically settled as stock or cash in connection with RSU programs and do not reflect an open-market buy or sell decision.
• This was not an option exercise, gift, or sale — it’s a routine compensation/award event for an executive.