FIRST BUSEY (BUSE) CFO receives 11,773 restricted stock units, holds 33,635 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chan Christopher H.M. reported acquisition or exercise transactions in this Form 4 filing.
FIRST BUSEY CORP Chief Financial Officer Christopher H.M. Chan received an award of 11,773 shares of Common Stock on April 1, 2026 as a grant of Restricted Stock Units from the Board of Directors. These RSUs vest in three equal annual installments. Following this award, he directly holds 33,635 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chan Christopher H.M.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,773 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 33,635 shares (Direct)
Footnotes (1)
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Key Figures
RSU grant size: 11,773 shares
Transaction price per share: $0.0000 per share
Total shares after transaction: 33,635 shares
+1 more
4 metrics
RSU grant size
11,773 shares
Restricted Stock Units granted on April 1, 2026
Transaction price per share
$0.0000 per share
Price reported for RSU grant
Total shares after transaction
33,635 shares
Direct holdings following RSU award
Vesting schedule
3 annual installments
RSUs vest on each of first three anniversaries
Key Terms
Restricted Stock Units, Board of Directors, vest, grant
4 terms
Restricted Stock Units financial
"Represents a grant by the Board of Directors of Restricted Stock Units which vest"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Board of Directors financial
"Represents a grant by the Board of Directors of Restricted Stock Units"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
vest financial
"Restricted Stock Units which vest in equal installments on each of the first three anniversaries"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
grant financial
"Represents a grant by the Board of Directors of Restricted Stock Units"
FAQ
What did FIRST BUSEY (BUSE) CFO Christopher Chan report in this Form 4 filing?
He reported receiving 11,773 shares of Common Stock as a grant of Restricted Stock Units. The award was granted by the Board of Directors as equity compensation and is not an open-market stock purchase or sale.
Is the FIRST BUSEY (BUSE) CFO’s Form 4 transaction a stock purchase or sale?
The transaction is an acquisition through a grant or award, not an open-market purchase or sale. It reflects equity compensation in the form of Restricted Stock Units granted by the Board, with no cash price per share shown in the filing.
How do the FIRST BUSEY (BUSE) CFO’s Restricted Stock Units vest?
The 11,773 Restricted Stock Units vest in equal installments on each of the first three anniversaries of the grant date. This creates a three-year vesting schedule, aligning the CFO’s compensation with longer-term company performance and retention.