Form 4: First Busey Corp Executive Amy Fauss Reports Acquisition of Common Stock and Dividend Equivalent Rights

Amy Fauss, Chief Info & Tech Officer of First Busey Corp, reports acquiring 261 shares of common stock and dividend equivalent rights, while also disclosing holdings in Series A Non-Cumulative Perpetual Preferred Stock and various Stock Appreciation Rights.

Summary

• On April 25, 2025, Amy Fauss, Chief Info & Tech Officer of First Busey Corp, reported a transaction involving the acquisition of 261 shares of common stock at $0.00.
• These shares represent dividend equivalent rights accrued on Restricted Stock Units.
• Following the reported transaction, Fauss directly owns 92,250 shares of common stock.
• Fauss also holds 50 shares of Series A Non-Cumulative Perpetual Preferred Stock.
• Additionally, Fauss holds multiple Stock Appreciation Rights (SARs) with varying exercise prices, expiration dates, and underlying common stock amounts.

Sentiment

Score: 6

Explanation: The document is a neutral regulatory filing. The sentiment is moderately positive as it reflects an executive's continued investment in the company.

Positives

• The acquisition of dividend equivalent rights suggests continued investment and alignment with shareholder interests.

Future Outlook

The document does not contain explicit forward-looking statements, but the executive's continued holdings suggest confidence in the company's future.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC, providing transparency into the transactions of company insiders. It allows investors to monitor the actions of key personnel and their alignment with shareholder interests.

Comparison to Industry Standards

• Form 4 filings are standard practice across all publicly listed companies, including competitors like Commerce Bancshares (CBSH) and UMB Financial Corporation (UMBF).
• The types of securities held (common stock, preferred stock, and stock appreciation rights) are typical components of executive compensation packages in the financial services industry.
• The reporting requirements and timelines are consistent with SEC regulations applicable to all companies.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• It can influence investor confidence based on the perceived alignment of management's interests with those of shareholders.

Key Dates

Keywords

Form 4, insider trading, stock appreciation rights, dividend equivalent rights, common stock, First Busey Corp, BUSE, Amy Fauss