Form 4: First Busey Corp Director Sanford Reports Acquisition of Common Stock and Dividend Equivalent Rights

Sentiment:

SEC Form 4 Filing


Director Cassandra R Sanford reports acquiring 89 shares of First Busey Corp common stock and dividend equivalent rights.

Summary

  • On January 31, 2025, Cassandra R Sanford, a director of First Busey Corp, acquired 89 shares of common stock at a price of $0.
  • Following the transaction, Sanford directly owns 8,788 shares of common stock.
  • Sanford also indirectly owns 5,000 shares through the Cassandra R Sanford Living Trust.
  • The acquisition of 89 shares represents dividend equivalent rights accrued on Deferred Stock Units.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, so the sentiment is considered neutral.

Industry Context

This filing is a routine disclosure of stock ownership changes by a company insider, as required by the SEC. It doesn't necessarily reflect a major trend in the banking industry but rather individual investment decisions.

Stakeholder Impact

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

Key Dates

DateDescription
01/31/2025Date of transaction: acquisition of common stock and dividend equivalent rights.
02/04/2025Date of signature by attorney-in-fact.

Keywords

Form 4, Beneficial Ownership, Director, First Busey Corp, BUSE, Sanford, Dividend Equivalent Rights, Common Stock

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