Form 4: First Busey Corp Director Kevin Rauckman Reports Acquisition of Dividend Equivalent Rights
SEC Form 4 Filing
Director Kevin Rauckman reports the acquisition of dividend equivalent rights related to First Busey Corporation stock.
Summary
- Kevin Rauckman, a director of First Busey Corp, reported a transaction on April 25, 2025.
- The transaction involved the acquisition of 40 dividend equivalent rights, each equivalent to one share of First Busey Corporation stock, at a price of $0.00.
- Following the transaction, Rauckman directly owns 21,288 shares of common stock.
- Rauckman also indirectly owns 250 shares of Series A Non-Cumulative Perpetual Preferred Stock and 24,909 shares of common stock through the Kevin S. Rauckman Trust.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing, indicating standard corporate governance practices. The acquisition of dividend equivalent rights is a normal part of director compensation.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's securities.
Stakeholder Impact
- The filing provides transparency to shareholders regarding director's holdings and transactions.
Key Dates
| Date | Description |
|---|---|
| 04/25/2025 | Date of transaction: Acquisition of dividend equivalent rights. |
| 04/29/2025 | Date of signature by attorney-in-fact. |
Keywords
Form 4, Beneficial Ownership, Dividend Equivalent Rights, First Busey Corp, BUSE, Kevin Rauckman, Director
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