Form 4: First Busey Corp Director Karen M Jensen Reports Acquisition of 147 Shares Through Dividend Equivalent Rights
SEC Form 4 Filing
Director Karen M Jensen acquired 147 shares of First Busey Corp through dividend equivalent rights, increasing her total holdings to 51,038 shares.
Summary
- On July 26, 2024, Karen M Jensen, a director of First Busey Corp, acquired 147 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, Jensen's total beneficial ownership of First Busey Corp stock is 51,038 shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. There's no indication of significant positive or negative implications.
Positives
- The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction reflects standard compensation practices through dividend equivalent rights.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a standard part of director compensation.
Key Dates
| Date | Description |
|---|---|
| 07/26/2024 | Date of transaction: acquisition of 147 shares of First Busey Corp stock. |
| 07/29/2024 | Date of signature on the Form 4 filing. |
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