Form 4: First Busey Corp Director Rod Brenneman Reports Acquisition of 40 Shares

Sentiment:

SEC Form 4 Filing


Director Rod Brenneman reports acquisition of 40 shares of First Busey Corp common stock due to dividend equivalent rights.

Summary

  • On April 25, 2025, Rod Brenneman, a director of First Busey Corp, acquired 40 shares of common stock.
  • This acquisition was due to dividend equivalent rights accrued on Deferred Stock Units.
  • The price per share was $0.00.
  • Following the transaction, Brenneman directly owns 38,918 shares of common stock.
  • Brenneman also indirectly owns 100 shares of Series A Non-Cumulative Perpetual Preferred Stock and 132,421 shares of common stock through the Brenneman Living Trust Dated November 2, 2012.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, and the transaction itself is relatively small and expected, resulting in a neutral sentiment.

Positives

  • The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's stock.

Stakeholder Impact

  • The transaction has a minimal impact on stakeholders as it involves a small number of shares.

Key Dates

DateDescription
November 2, 2012Date of the Brenneman Living Trust
April 25, 2025Date of transaction: Acquisition of 40 shares of common stock
April 29, 2025Date of signature on the Form 4 filing

Keywords

Form 4, Director, Insider Trading, Beneficial Ownership, First Busey Corp, BUSE, Rod Brenneman, Dividend Equivalent Rights, Deferred Stock Units

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