Form 4: First Busey Corp Director George Barr Reports Acquisition of Dividend Equivalent Rights
SEC Form 4 Filing
Director George Barr reports acquisition of dividend equivalent rights and updates beneficial ownership of First Busey Corp stock.
Summary
- On October 25, 2024, George Barr, a director of First Busey Corp, reported acquiring 218 dividend equivalent rights.
- These rights are associated with deferred stock units and are equivalent to one share of First Busey Corporation stock each.
- The acquisition occurred in conjunction with a cash dividend payment on First Busey Corporation stock.
- Following the transaction, Barr directly owns 139,656 shares of common stock.
- Barr also indirectly owns 14,727 shares through The Barr Group P/S Plan and 79,603 shares through a spouse.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It simply reports a transaction.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency regarding the holdings and transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 10/25/2024 | Date of transaction: Acquisition of dividend equivalent rights. |
| 10/28/2024 | Date of signature on the report. |
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