Form 4: First Busey Corp Director Karen M Jensen Reports Acquisition of Common Stock

Sentiment:

SEC Form 4 Filing


Director Karen M Jensen reports the acquisition of 256 shares of First Busey Corp common stock due to dividend equivalent rights.

Summary

  • On April 25, 2025, Karen M Jensen, a director of First Busey Corp, acquired 256 shares of common stock.
  • The acquisition was due to dividend equivalent rights accrued on Deferred Stock Units.
  • These rights are connected to a cash dividend payment on First Busey Corporation Stock.
  • Each dividend equivalent right represents the economic equivalent of one share of First Busey Corporation Stock.
  • Following the transaction, Jensen directly owns 66,568 shares of First Busey Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to dividend equivalent rights, not indicative of significant positive or negative news.

Positives

  • The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholders as it signals insider confidence.

Key Dates

DateDescription
04/25/2025Date of transaction: Acquisition of 256 shares of common stock.
04/29/2025Date of signature on the report.

Keywords

Form 4, First Busey Corp, Director, Karen M Jensen, Common Stock, Dividend Equivalent Rights, Beneficial Ownership

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