First Busey grants 5,887 RSUs to bank president
First Busey Corp. reported that Thomas Anthony Hammond, President of Busey Bank, received a grant of 5,887 shares of common stock as a compensation award.
Rhea-AI Filing Summary
First Busey Corp. reported that Thomas Anthony Hammond, President of Busey Bank, received a grant of 5,887 shares of common stock as a compensation award. The grant consists of Restricted Stock Units that vest in equal installments on each of the first three anniversaries of the grant date.
After this award and prior dividend reinvestments, Hammond now holds a total of 12,359.3742 shares of First Busey common stock directly, including 138.3742 shares acquired through a dividend reinvestment program.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,887 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents a grant by the Board of Directors of Restricted Stock Units which vest in equal installments on each of the first three anniversaries of the grant date.
- F2. Includes 138.3742 shares acquired through a dividend reinvestment.
Key Figures
Key Terms
Restricted Stock Units financial
dividend reinvestment financial
Board of Directors financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did the Form 4 for FIRST BUSEY CORP (BUSE) disclose about Thomas Hammond?
How do the new RSUs for BUSE vest for Thomas Hammond?
Was this BUSE Form 4 an open-market stock purchase or a compensation grant?
What role does Thomas Hammond hold at First Busey (BUSE) in this filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.