Form 4: First Busey Corp Director Michael David Cassens Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Michael David Cassens reports acquiring 155 shares of First Busey Corp common stock due to dividend equivalent rights.
Summary
- On July 26, 2024, Michael David Cassens, a director of First Busey Corp, acquired 155 shares of common stock.
- The acquisition was due to dividend equivalent rights accrued on Deferred Stock Units.
- The price per share was $0.
- Following the transaction, Cassens directly owns 137,850 shares of First Busey Corp common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to director compensation.
Positives
- The director increased their holdings in the company, which could be interpreted as a positive signal.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a small acquisition of shares by a director.
Key Dates
| Date | Description |
|---|---|
| 07/26/2024 | Date of transaction: Acquisition of 155 shares of common stock. |
| 07/29/2024 | Date of signature on the report. |
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