Form 4: First Busey Corp Director, Jennifer M. Grigsby, Acquires Deferred Stock Units

Director Jennifer M. Grigsby acquired 3,294 deferred stock units in First Busey Corp, increasing her direct and indirect holdings.

Summary

• Jennifer M. Grigsby, a director of First Busey Corp, reported a transaction on March 26, 2025.
• She acquired 3,294 shares of common stock in the form of deferred stock units.
• These units were granted by the Board of Directors and vest after one year.
• The acquisition price was $0.
• Following the transaction, Grigsby directly owns 21,725 shares of common stock and indirectly owns 25,637 shares through the Jennifer M. Grigsby Living Trust.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard insider transaction. The acquisition of stock units is generally a positive sign, but it's a routine occurrence.

Positives

• The acquisition of deferred stock units by a director signals confidence in the company's future performance.

Future Outlook

The deferred stock units vest after one year, suggesting a commitment to the company's long-term performance.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in trading by corporate insiders.

Stakeholder Impact

• The acquisition of deferred stock units by a director can positively influence shareholder confidence.

Key Dates

Keywords

Form 4, insider trading, beneficial ownership, deferred stock units, First Busey Corp, Grigsby, BUSE, director