Form 4: First Busey Corp Director Karen M Jensen Reports Acquisition of Common Stock Through Dividend Equivalent Rights

Director Karen M Jensen reported the acquisition of 173 shares of First Busey Corp common stock due to dividend equivalent rights.

Summary

• On October 25, 2024, Karen M Jensen, a director of First Busey Corp, acquired 173 shares of common stock.
• The acquisition was a result of dividend equivalent rights accrued on Deferred Stock Units.
• These rights are linked to a cash dividend payment on First Busey Corporation stock, with each right equivalent to one share.
• Following the transaction, Jensen directly owns 51,211 shares of First Busey Corp.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (acquisition of shares through dividend equivalent rights) and doesn't indicate any significant positive or negative sentiment. It's a neutral disclosure required by regulations.

Positives

• The acquisition of shares through dividend equivalent rights indicates a continued investment and alignment of interests between the director and the company's shareholders.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider ownership.

Key Dates