Form 4: First Busey Corp Director Kevin Rauckman Acquires Deferred Stock Units
SEC Form 4 Filing
Director Kevin Rauckman of First Busey Corp acquired 3,294 deferred stock units on March 26, 2025, which vest after one year.
Summary
- Kevin Rauckman, a director of First Busey Corp, reported a transaction involving the acquisition of 3,294 shares of Common Stock on March 26, 2025.
- These shares were acquired as Deferred Stock Units granted by the Board of Directors, vesting after one year.
- Following the transaction, Rauckman directly owns 21,248 shares of Common Stock and indirectly owns 24,909 shares through the Kevin S. Rauckman Trust Series A.
- Additionally, the Kevin S. Rauckman Trust holds 250 shares of Non-Cumulative Perpetual Preferred Stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a standard transaction. The acquisition of stock units by a director is generally viewed as a positive sign, but it's a routine disclosure.
Positives
- The acquisition of deferred stock units by a director can be seen as a positive sign, indicating confidence in the company's future performance.
Future Outlook
The acquired Deferred Stock Units will vest after one year, potentially increasing Rauckman's ownership stake in the company.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the ownership changes of company insiders.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment, as it reflects a director's increased stake in the company.
Key Dates
| Date | Description |
|---|---|
| 03/26/2025 | Date of transaction: Acquisition of 3,294 Deferred Stock Units. |
| 03/28/2025 | Date of signature on the Form 4 filing. |
Keywords
First Busey Corp, Kevin Rauckman, Deferred Stock Units, Beneficial Ownership, Form 4, Director, BUSE
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