Form 4: First Busey Corp Director Stephen V. King Acquires Deferred Stock Units
SEC Form 4 Filing
Director Stephen V. King reports acquisition of deferred stock units in First Busey Corp.
Summary
- Stephen V. King, a director of First Busey Corp, reported a transaction on March 26, 2025.
- King acquired 3,294 shares of Common Stock through a grant of Deferred Stock Units.
- These units vest after one year.
- Following the transaction, King directly owns 31,431 shares of Common Stock and indirectly owns 181,918 shares through the Stephen V. King 2004 Declaration of Trust U/A 5/7/04.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of stock unit acquisition by a director, indicating alignment with the company's performance but not necessarily a strong positive or negative signal.
Positives
- The acquisition of deferred stock units by a director can be seen as a positive sign, indicating confidence in the company's future performance.
Future Outlook
The deferred stock units vest after one year, suggesting a commitment to the company's long-term performance.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates changes in beneficial ownership by a company insider.
Stakeholder Impact
- The acquisition of deferred stock units by a director could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/07/2004 | Date of Stephen V. King 2004 Declaration of Trust U/A |
| 03/26/2025 | Date of transaction: Acquisition of Deferred Stock Units |
| 03/28/2025 | Date of signature on the report |
Keywords
Form 4, Beneficial Ownership, Deferred Stock Units, Director, First Busey Corp, BUSE, Stephen V. King
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