Form 4: First Busey Corp Director Acquires Additional Shares Through Dividend Equivalent Rights

Director Cassandra R. Sanford acquired 86 shares of First Busey Corp stock through dividend equivalent rights, while also indirectly holding 5,000 shares through a living trust.

Summary

• On October 25, 2024, Cassandra R. Sanford, a director of First Busey Corp, acquired 86 shares of common stock.
• The acquisition was through dividend equivalent rights accrued on Deferred Stock Units.
• The price per share was $0.
• Following the transaction, Sanford directly owns 8,699 shares.
• Sanford also indirectly owns 5,000 shares through the Cassandra R Sanford Living Trust.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (acquisition of shares through dividend equivalent rights) by a company director, indicating stability and alignment of interests. It's a neutral to slightly positive signal.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder confidence due to the director's increased stake in the company.

Key Dates