First Busey director granted 125 stock units
First Busey Corp director Scott A. Wehrli reported a small equity compensation-related change in his ownership.
Rhea-AI Filing Summary
First Busey Corp director Scott A. Wehrli reported a small equity compensation-related change in his ownership. He acquired 125 shares of Common Stock at $0.00 per share as a grant or award, described as dividend equivalent rights tied to Deferred Stock Units when a cash dividend was paid.
After this award, Wehrli directly holds 12,924 shares of Common Stock. He also has indirect holdings of 23,011 shares through the Scott Wehrli Declaration of Trust and 40,367 shares through Scott Wehrli Investments LLC, reflecting his overall reported ownership position in First Busey Corp stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 125 shares
Grant/Award
3 txns
Insider
Wehrli Scott A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 125 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 12,924 shares (Direct);
Common Stock — 40,367 shares (Indirect, Scott Wehrli Investments LLC);
Common Stock — 23,011 shares (Indirect, Scott Wehrli Declaration of Trust)
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 awarded: 125 shares
Direct holdings after award: 12,924 shares
Trust indirect holdings: 23,011 shares
+2 more
5 metrics
Shares awarded
125 shares
Grant/award acquisition at $0.00 per share on Common Stock
Direct holdings after award
12,924 shares
Common Stock directly owned by Scott A. Wehrli after the transaction
Trust indirect holdings
23,011 shares
Common Stock held via Scott Wehrli Declaration of Trust
LLC indirect holdings
40,367 shares
Common Stock held via Scott Wehrli Investments LLC
Award price
$0.00 per share
Price per share for the 125-share grant classified as dividend equivalent rights
Key Terms
dividend equivalent rights, Deferred Stock Units, grant, award, or other acquisition, indirect ownership, +1 more
5 terms
dividend equivalent rights financial
"Represents dividend equivalent rights accrued on Deferred Stock Units in connection with the payment of a cash dividend"
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
"Represents dividend equivalent rights 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.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
indirect ownership financial
""ownership_type": "indirect", "ownership_code": "I""
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Scott A. Wehrli report at FIRST BUSEY CORP (BUSE)?
Scott A. Wehrli reported an acquisition of 125 Common Stock shares as a grant or award at no cost. These shares represent dividend equivalent rights credited on Deferred Stock Units when First Busey paid a cash dividend, increasing his direct reported holdings modestly.
What are dividend equivalent rights mentioned in the Scott A. Wehrli Form 4 for BUSE?
Dividend equivalent rights in this filing are credits tied to Deferred Stock Units. When First Busey paid a cash dividend on its Common Stock, Wehrli accrued rights economically equivalent to shares, resulting in the 125-share award reported at a price of $0.00 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.
