First Busey Corp. (BUSE) director granted 304 dividend-equivalent shares
Rhea-AI Filing Summary
Stephen V. King, a director of First Busey Corporation, acquired 304 shares of Common Stock as dividend equivalent rights credited on Deferred Stock Units, at a stated price of $0.00 per share. His directly held stake is now 36,374 shares, plus 181,918 shares held indirectly through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 304 shares
Net Buy
2 txns
Insider
King Stephen V
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 304 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 36,374 shares (Direct);
Common Stock — 181,918 shares (Indirect, Stephen V. King 2004 Declaration of Trust U/A 5/7/04)
Footnotes (1)
- F1. Represents dividend equivalent rights accrued on Deferred Stock Units in connection with the payment of a cash dividend on First Busey Corporation Common Stock. Each dividend equivalent right is the economic equivalent of one share of First Busey Corporation Common Stock.
Key Figures
Shares acquired: 304 shares of Common Stock
Transaction price: $0.00 per share
Direct holdings after transaction: 36,374 shares
+1 more
4 metrics
Shares acquired
304 shares of Common Stock
Grant/award acquisition on 2026-07-31 via dividend equivalent rights
Transaction price
$0.00 per share
Stated price for the 304 acquired shares
Direct holdings after transaction
36,374 shares
Common Stock directly owned by Stephen V. King following the award
Indirect holdings reported
181,918 shares
Common Stock held via Stephen V. King 2004 Declaration of Trust U/A 5/7/04
Key Terms
dividend equivalent rights, Deferred Stock Units, economic equivalent of one share, indirect
4 terms
dividend equivalent rights financial
"Represents dividend equivalent rights accrued on Deferred Stock Units"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
Deferred Stock Units financial
"accrued on Deferred Stock Units in connection with the payment of a cash dividend"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
indirect financial
"Indirect ownership through Stephen V. King 2004 Declaration of Trust U/A 5/7/04"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did First Busey (BUSE) director Stephen V. King report?
Stephen V. King reported an acquisition of 304 shares of First Busey Common Stock. These arose from dividend equivalent rights credited on Deferred Stock Units, increasing his direct holdings to 36,374 shares plus significant additional shares held indirectly through a trust.
What are dividend equivalent rights in Stephen V. King’s First Busey (BUSE) filing?
The filing explains that dividend equivalent rights are accrued on Deferred Stock Units when cash dividends are paid. Each dividend equivalent right is described as the economic equivalent of one share of First Busey Corporation Common Stock.
How much of Stephen V. King’s First Busey (BUSE) ownership is indirect?
Stephen V. King reports 181,918 First Busey shares held indirectly through the Stephen V. King 2004 Declaration of Trust U/A 5/7/04. This indirect position is in addition to his 36,374 directly held shares after the latest acquisition.