First Busey exec awarded 121 share equivalents
Hammond Thomas Anthony reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Hammond Thomas Anthony reported acquisition or exercise transactions in this Form 4 filing.
FIRST BUSEY CORP executive Thomas Anthony Hammond, President of Busey Bank, received an award of 121 shares of Common Stock equivalents on the reported date. The shares were granted at a price of $0.00 per share as a compensation-related award.
According to the footnote, these 121 shares represent dividend equivalent rights accrued on Restricted Stock Units in connection with a cash dividend on First Busey Corporation Common Stock. Each dividend equivalent right is the economic equivalent of one share. Following this award, Hammond directly holds 12,480.3742 shares of Common Stock.
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 121 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents dividend equivalent rights accrued on Restricted 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
Key Terms
dividend equivalent rights financial
Restricted Stock Units financial
economic equivalent financial
Grant, award, or other acquisition financial
FAQ
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What insider transaction did BUSE executive Thomas Anthony Hammond report?
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