Form 4: First Busey Corp Director George Barr Reports Acquisition of Dividend Equivalent Rights
SEC Form 4 Filing
Director George Barr reports acquiring dividend equivalent rights related to deferred stock units in First Busey Corporation.
Summary
- On July 26, 2024, George Barr, a director of First Busey Corp, reported acquiring 184 dividend equivalent rights related to deferred stock units.
- These rights are economically equivalent to shares of First Busey Corporation stock.
- Following the transaction, Barr directly owns 139,438 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 detailing an insider transaction, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency to investors regarding the actions of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 07/26/2024 | Date of transaction: Acquisition of dividend equivalent rights |
| 07/29/2024 | Date of signature on the report |
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