First Busey (BUSE) director adds 294 dividend-equivalent common stock rights
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
First Busey Corporation director Frederic L. Kenney received 294 shares of common stock on January 30, 2026 through dividend-equivalent rights tied to deferred stock units, at a price of $0 per share. After this accrual, he directly holds 32,481 First Busey common shares and has an additional 16,349 shares reported as indirectly owned through his spouse. Each dividend-equivalent right is the economic equivalent of one share of First Busey common stock, reflecting cash dividends paid on the company’s stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
KENNEY FREDERIC L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 294 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 32,481 shares (Direct);
Common Stock — 16,349 shares (Indirect, Spouse)
Footnotes (1)
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FAQ
What insider transaction did First Busey (BUSE) report on January 30, 2026?
First Busey reported that director Frederic L. Kenney received 294 shares of common stock via dividend-equivalent rights at $0 per share. These rights accrued on deferred stock units in connection with a cash dividend on First Busey common stock.
Who is Frederic L. Kenney in relation to First Busey (BUSE)?
Frederic L. Kenney is a director of First Busey Corporation, as indicated in the Form 4 filing. His role is disclosed in the relationship section, confirming board-level oversight rather than an officer or 10% ownership position.
What are dividend-equivalent rights on First Busey deferred stock units?
Dividend-equivalent rights are amounts accrued on Deferred Stock Units when First Busey pays cash dividends on its common stock. Each dividend-equivalent right is described as the economic equivalent of one share of First Busey Corporation common stock.