4Filed Aug 3, 8:00 PM ET
First Busey GC Michael Peluso Receives 94-Share Award (BUSE)
$BUSE · FIRST BUSEY CORP /NV/Research Summary
AI-generated summary of this SEC filing
First Busey GC Michael Peluso Receives 94-Share Award (BUSE)
What Happened
- Michael A. Peluso, General Counsel of First Busey Corporation (BUSE), was credited with 94 shares on 2026-07-31 via an award/acquisition (code A). The shares were recorded at $0.00 per share (total reported value $0) — these represent dividend-equivalent rights tied to existing Restricted Stock Units (RSUs), not an open-market purchase.
Key Details
- Transaction date: 2026-07-31
- Filing date: 2026-08-04 (Form 4 accession 0002144566-26-000005)
- Shares acquired: 94; Price per share: $0.00; Reported value: $0
- Shares owned after transaction: Not specified in this filing
- Footnote: F1 — these are dividend equivalent rights accrued on RSUs; each right is the economic equivalent of one common share
- Transaction type/code: Award/Acquisition (A); no 10b5-1 or tax-withholding note reported; no late-filing flag indicated in the filing
Context
- Dividend-equivalent payments on RSUs are routinely paid as additional shares or cash and reflect compensation/accounting of prior RSU awards rather than an active buy or sell decision. Such awards are common and do not by themselves indicate the insider is increasing or decreasing a market position.