Form 4: First Busey Corp Director Reports Acquisition of Dividend Equivalent Rights
SEC Form 4 Filing
Gregory B Lykins, a director of First Busey Corp, reported the acquisition of 163 dividend equivalent rights on April 26, 2024.
Summary
- On April 26, 2024, Gregory B Lykins, a director of First Busey Corp, acquired 163 dividend equivalent rights.
- These rights are associated with deferred stock units and are economically equivalent to one share of First Busey Corporation stock each.
- Following the transaction, Lykins directly owns 122,228 shares of common stock.
- Lykins also indirectly owns 10,321.7511 shares through an ESPP, 3,099 shares through Margo Lykins/IRA, and 150,000 shares through Margo Lykins.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of a director's transaction and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves dividend equivalent rights related to existing stock holdings.
Key Dates
| Date | Description |
|---|---|
| 04/26/2024 | Date of transaction: Acquisition of 163 dividend equivalent rights. |
| 04/29/2024 | Date of signature by attorney-in-fact. |
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