Form 4: First Busey Corp Executive Jeffrey Jones Reports Changes in Beneficial Ownership

EVP & CFO of First Busey Corp, Jeffrey David Jones, reports acquisition of shares through dividend reinvestment and dividend equivalent rights.

Summary

• Jeffrey David Jones, EVP & CFO of First Busey Corp, filed a Form 4 detailing changes in beneficial ownership.
• On May 1, 2024, Jones acquired 67.3575 shares of common stock through dividend reinvestment in the Employee Stock Purchase Plan at $22.8509 per share.
• Also on May 1, 2024, Jones acquired 17.7709 shares through reinvestment of dividends earned on vested stock awards at $22.8509 per share.
• On July 26, 2024, Jones acquired 635 shares representing dividend equivalent rights accrued on Restricted Stock Units.
• Following these transactions, Jones directly owns 91,405.7709 shares and indirectly owns 6,480.5932 shares through the Employee Stock Purchase Plan and 600 shares through an Alexa IRA.
• Catherine Alqallaf, attorney-in-fact, signed the report on July 29, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the document primarily reports routine transactions related to executive compensation. There are no explicit positive or negative indicators about the company's performance.

Positives

• The executive's increased stake in the company through dividend reinvestment and stock awards may signal confidence in the company's future performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive compensation and ownership.

Key Dates