Form 4: First Busey Corp Director Kenney Acquires Shares Through Trust Distribution

Director Frederic L. Kenney reports acquisition of 1,259 shares of First Busey Corp through a trust distribution to his spouse.

Summary

• On March 13, 2025, Frederic L. Kenney, a director of First Busey Corp, reported a transaction involving the acquisition of company stock.
• The transaction involved 1,259 shares of Common Stock acquired indirectly through his spouse.
• The shares were acquired due to the termination and distribution of a trust following the death of the income beneficiary.
• Following the transaction, Kenney directly owns 27,965 shares and indirectly owns 16,349 shares through his spouse.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a change in stock ownership. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock ownership changes by a company insider, which is a common occurrence in publicly traded companies. It provides transparency to investors regarding the holdings of key personnel.

Stakeholder Impact

• The change in beneficial ownership may have a minor impact on shareholders, as it provides insight into the holdings of a key company director.

Key Dates