Director at First Busey (BUSE) receives 2,865 deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RAUCKMAN KEVIN reported acquisition or exercise transactions in this Form 4 filing.
FIRST BUSEY CORP director Kevin Rauckman reported an equity award in the form of deferred stock units. On April 1, 2026, he received 2,865 units of common stock at no cash cost, classified as a grant or award. According to the footnote, these deferred stock units vest after one year.
Following the grant, Rauckman holds 12,225 shares of common stock directly. He also has indirect holdings through the Kevin S. Rauckman Trust, which holds 36,946 common shares and 250 shares of Series A Non-Cumulative Perpetual Preferred Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
RAUCKMAN KEVIN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,865 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Series A Non-Cumulative Perpetual Preferred Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 12,225 shares (Direct);
Common Stock — 36,946 shares (Indirect, Kevin S. Rauckman Trust);
Series A Non-Cumulative Perpetual Preferred Stock — 250 shares (Indirect, Kevin S. Rauckman Trust)
Footnotes (1)
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Key Figures
Deferred stock unit grant: 2,865 units
Direct common shares after grant: 12,225 shares
Indirect common shares in trust: 36,946 shares
+2 more
5 metrics
Deferred stock unit grant
2,865 units
Board grant of common stock deferred units vesting after one year
Direct common shares after grant
12,225 shares
Rauckman’s direct holdings of FIRST BUSEY CORP common stock
Indirect common shares in trust
36,946 shares
Common stock held indirectly via Kevin S. Rauckman Trust
Indirect preferred shares in trust
250 shares
Series A Non-Cumulative Perpetual Preferred Stock held indirectly
Grant price per unit
$0.0000 per unit
Reported transaction price for deferred stock unit grant
Key Terms
Deferred Stock Units, Series A Non-Cumulative Perpetual Preferred Stock, indirect ownership, grant, award, or other acquisition
4 terms
Deferred Stock Units financial
"Represents a grant by the Board of Directors of Deferred Stock Units which vest after one year."
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.
Series A Non-Cumulative Perpetual Preferred Stock financial
"Series A Non-Cumulative Perpetual Preferred Stock held indirectly by the Kevin S. Rauckman Trust."
indirect ownership financial
"total_shares_following_transaction 36946.0000, direct_or_indirect I, nature_of_ownership Kevin S. Rauckman Trust"
grant, award, or other acquisition financial
"transaction_code_description Grant, award, or other acquisition"
FAQ
What insider transaction did BUSE director Kevin Rauckman report?
Kevin Rauckman reported receiving 2,865 deferred stock units of FIRST BUSEY CORP common stock. The award was granted at no cash cost and reflects compensation rather than an open-market purchase or sale, according to the Form 4 details and footnote.
What are the terms of Rauckman’s deferred stock unit grant at BUSE?
The Board granted 2,865 deferred stock units of FIRST BUSEY CORP common stock to Kevin Rauckman. A footnote states these deferred stock units vest after one year, meaning he must remain eligible through that period before the award fully vests.
What indirect holdings in FIRST BUSEY (BUSE) does the Kevin S. Rauckman Trust report?
The Kevin S. Rauckman Trust reports indirect ownership of 36,946 shares of FIRST BUSEY CORP common stock. It also holds 250 shares of the company’s Series A Non-Cumulative Perpetual Preferred Stock, as shown in the indirect ownership entries on the Form 4.
Is Rauckman’s 2,865-unit award at FIRST BUSEY a cash transaction?
No, the 2,865 deferred stock units were granted at a reported price of $0.0000 per unit. This indicates a compensation-related equity award rather than a cash purchase, consistent with the Form 4 code describing it as a grant or other acquisition.