Form 4: First Busey Corp Director Rod Brenneman Reports Acquisition of 40 Shares
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
| Date | Description |
|---|---|
| November 2, 2012 | Date of the Brenneman Living Trust |
| April 25, 2025 | Date of transaction: Acquisition of 40 shares of common stock |
| April 29, 2025 | Date 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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