First Busey CFO receives 329-share dividend award
First Busey Corp Chief Financial Officer Christopher H.M.
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Rhea-AI Filing Summary
First Busey Corp Chief Financial Officer Christopher H.M. Chan reported an acquisition of 329 shares of Common Stock on account of dividend equivalent rights credited on his Restricted Stock Units when a cash dividend was paid on First Busey common stock. Each dividend equivalent right equals one share of common stock and was issued at $0.00 per share as a compensation-related award, not an open-market trade. Following this grant, Chan directly holds 33,964 shares of First Busey common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 329 | $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
Restricted Stock Units financial
dividend equivalent rights financial
cash dividend financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did First Busey (BUSE) disclose for its CFO?
Was the First Busey (BUSE) CFO’s Form 4 transaction an open-market purchase?
What are dividend equivalent rights in the First Busey (BUSE) CFO filing?
What transaction code was used in the First Busey (BUSE) CFO Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.