Form 4: First Busey Corp Director Stephen V. King Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Stephen V. King reports acquisition of common stock through dividend equivalent rights and indirect ownership via a trust.
Summary
- On July 26, 2024, Stephen V. King, a director of First Busey Corp, reported a transaction involving the company's common stock.
- King acquired 231 shares of common stock through dividend equivalent rights at a price of $0.
- Following the transaction, King directly owns 27,577 shares of common stock.
- King also indirectly owns 165,491 shares through the Stephen V. King 2004 Declaration of Trust U/A 5/7/04.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, and the transaction appears routine, resulting in a neutral sentiment.
Positives
- The acquisition of shares through dividend equivalent rights indicates a continued investment in the company by a director.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The report provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 05/07/2004 | Date of Stephen V. King 2004 Declaration of Trust U/A |
| 07/26/2024 | Date of transaction: Acquisition of common stock through dividend equivalent rights |
| 07/29/2024 | Date of signature on the report |
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