First Busey grants 5,887 RSUs to executive
Jorstad Chip S. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Jorstad Chip S. reported acquisition or exercise transactions in this Form 4 filing.
First Busey Corp’s Chief Credit Officer, Chip S. Jorstad, received an equity award of 5,887 shares of Common Stock on April 1, 2026 as a grant with no cash paid per share. The award represents Restricted Stock Units that vest in three equal installments on each of the first three anniversaries of the grant date.
After this grant, Jorstad directly owns a total of 64,114.356 shares of First Busey common stock. This is a compensation-related stock grant rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,887 | $0.00 | $0.00 |
Footnotes (1)
- 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.
Key Figures
Key Terms
Restricted Stock Units financial
grant financial
Chief Credit Officer financial
FAQ
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What insider transaction did First Busey (BUSE) report for Chip S. Jorstad?
How do Chip S. Jorstad’s Restricted Stock Units from First Busey (BUSE) vest?
Was the First Busey (BUSE) transaction for Chip S. Jorstad a buy or a sale?
What role does Chip S. Jorstad hold at First Busey (BUSE) in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.