Form 4: First Busey Director Kevin Rauckman Acquires Shares Through Dividend Equivalents

First Busey Corp director Kevin Rauckman reported the acquisition of 36 shares of common stock on July 25, 2025, through dividend equivalent rights.

Summary

• Kevin Rauckman, a Director of First Busey Corp (BUSE), acquired 36 shares of Common Stock on July 25, 2025.
• The acquisition was made at a price of $0 per share, representing dividend equivalent rights accrued on Deferred Stock Units.
• Each dividend equivalent right is the economic equivalent of one share of First Busey Corporation Stock.
• Following this transaction, Kevin Rauckman directly beneficially owns 21,324 shares of Common Stock.
• Additionally, Kevin Rauckman indirectly beneficially owns 250 shares of Series A Non-Cumulative Perpetual Preferred Stock and 24,909 shares of Common Stock through the Kevin S. Rauckman Trust.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as it reflects an increase in insider ownership, albeit a small amount derived from dividend equivalent rights rather than a direct purchase. This generally indicates continued alignment of interests between management and shareholders.

Positives

• The acquisition of shares, even through dividend equivalent rights, increases the director's beneficial ownership, which generally aligns their interests more closely with those of shareholders.
• The transaction indicates the ongoing accrual of benefits from existing deferred stock units, reflecting a stable compensation structure for the director.

Stakeholder Impact

• Shareholders: The transaction slightly increases insider ownership, which can be viewed positively as it aligns the director's interests with those of other shareholders, though the impact is minimal due to the small number of shares.

Key Dates

Keywords

First Busey Corp, BUSE, Form 4, Insider Transaction, Director Stock Acquisition, Dividend Equivalent Rights, Kevin Rauckman, SEC Filing