First Busey CCO awarded 376 dividend-equivalent shares
First Busey Corporation's Chief Credit Officer, Chip S. Jorstad, reported the automatic acquisition of 376 shares of common stock on January 30, 2026.
Rhea-AI Filing Summary
First Busey Corporation's Chief Credit Officer, Chip S. Jorstad, reported the automatic acquisition of 376 shares of common stock on January 30, 2026. These shares were received at a price of $0 as dividend equivalent rights tied to existing restricted stock units following a cash dividend.
After this transaction, Jorstad beneficially owned a total of 65,985.356 shares of First Busey common stock in direct ownership. Each dividend equivalent right is economically equal to one share of First Busey common stock, effectively reinvesting the dividend into additional share-based units.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 376 | $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.
FAQ
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What insider transaction did First Busey (BUSE) report for Chip S. Jorstad?
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