Director at First Busey (NASDAQ: BUSE) gains 308 dividend-equivalent rights
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FIRST BUSEY CORP director Stanley J. Bradshaw acquired additional exposure to Common Stock through a routine award. On May 1, 2026, he received 308 dividend equivalent rights, each economically equal to one share of First Busey Corporation Common Stock, in connection with a cash dividend paid on the stock.
These rights accrued on existing Deferred Stock Units, rather than through an open-market purchase. After this non-cash grant, Bradshaw directly owned 505,254 shares of Common Stock. The filing reflects a small, compensation-related increase in his holdings, not a discretionary market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BRADSHAW STANLEY J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 308 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 505,254 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Dividend equivalent rights granted: 308 rights
Shares owned after transaction: 505,254 shares
Transaction price per share: $0.0000 per share
+1 more
4 metrics
Dividend equivalent rights granted
308 rights
Each right equals one share economically; granted May 1, 2026
Shares owned after transaction
505,254 shares
Total direct Common Stock holdings following the Form 4 transaction
Transaction price per share
$0.0000 per share
Non-cash grant of dividend equivalent rights
Acquire transactions in filing
1 transaction
Form 4 transactionSummary acquireCount
Key Terms
dividend equivalent rights, Deferred Stock Units, Grant, award, or other acquisition
3 terms
dividend equivalent rights financial
"Represents dividend equivalent rights accrued on Deferred Stock Units in connection"
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
"dividend equivalent rights accrued on Deferred Stock Units in connection"
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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Stanley J. Bradshaw acquire in this Form 4 for BUSE?
Stanley J. Bradshaw acquired 308 dividend equivalent rights tied to First Busey Common Stock. Each right equals one share economically and accrued on Deferred Stock Units due to a cash dividend, rather than an open-market purchase or sale.
Was the BUSE Form 4 transaction an open-market trade?
No, the BUSE Form 4 does not show an open-market trade. Bradshaw received 308 dividend equivalent rights as a grant related to Deferred Stock Units, triggered by a cash dividend, rather than buying or selling shares on the open market.
What are dividend equivalent rights mentioned in the BUSE filing?
Dividend equivalent rights are credits that mirror cash dividends on Deferred Stock Units. In this BUSE filing, each right is the economic equivalent of one share of Common Stock, giving Bradshaw additional share-linked value without an actual share purchase.
How is the Form 4 transaction for BUSE classified by the SEC code?
The transaction is coded “A” on the Form 4, indicating a grant, award, or other acquisition. It reflects 308 non-cash dividend equivalent rights added to Bradshaw’s Deferred Stock Units position, increasing his overall economic exposure to First Busey Common Stock.