Form 4: First Busey Corp Director Acquires Dividend Equivalent Rights
SEC Form 4 Filing
Director Samuel P. Banks acquired 181 dividend equivalent rights on First Busey Corporation stock on April 26, 2024.
Summary
- On April 26, 2024, Samuel P. Banks, a director of First Busey Corp, acquired 181 dividend equivalent rights.
- These rights are associated with deferred stock units and are equivalent to one share of First Busey Corporation stock each.
- The transaction was reported on a Form 4 filing with the SEC on April 29, 2024.
- Following the transaction, Banks directly owns 27,925 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't convey any particular positive or negative sentiment about the company's performance or prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders.
- It provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 04/26/2024 | Date of transaction: Samuel P. Banks acquired 181 dividend equivalent rights. |
| 04/29/2024 | Date of Form 4 filing. |
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