Form 4: First Busey Corp Director Karen M Jensen Reports Acquisition of Dividend Equivalent Rights
SEC Form 4 Filing
Director Karen M Jensen reported the acquisition of 180 dividend equivalent rights related to First Busey Corp stock.
Summary
- On April 26, 2024, Karen M Jensen, a director of First Busey Corp, acquired 180 dividend equivalent rights.
- These rights are economically equivalent to one share of First Busey Corporation stock each and were accrued on Deferred Stock Units in conjunction with a cash dividend payment.
- Following the transaction, Jensen beneficially owns 50,891 shares of common stock.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction (acquisition of dividend equivalent rights) and doesn't indicate any significant positive or negative sentiment. It's a neutral disclosure.
Industry Context
This filing is a routine disclosure related to insider transactions and dividend equivalent rights, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it involves dividend equivalent rights related to existing stock units.
Key Dates
| Date | Description |
|---|---|
| 04/26/2024 | Date of transaction: acquisition of dividend equivalent rights |
| 04/29/2024 | Date of signature on the report |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.