Form 4: First Busey Corp Director Michael David Cassens Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Michael David Cassens reports acquisition of 192 shares of First Busey Corp common stock through dividend equivalent rights.
Summary
- On January 31, 2025, Michael David Cassens, a director of First Busey Corp, acquired 192 shares of common stock.
- The acquisition was through dividend equivalent rights accrued on Deferred Stock Units.
- The price per share was $0.
- Following the transaction, Cassens directly owns 138,225 shares of First Busey Corp common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is considered neutral.
Positives
- The acquisition of shares by a director may signal confidence in the company's future performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of transaction: acquisition of common stock. |
| 02/04/2025 | Date of signature on the report. |
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