First Busey director granted 2,865 stock units
FIRST BUSEY CORP director Michael David Cassens reported an equity compensation grant.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
FIRST BUSEY CORP director Michael David Cassens reported an equity compensation grant. On April 1, 2026, he acquired 2,865 shares of Common Stock at no cost through a Board-approved grant of Deferred Stock Units that vest after one year. Following this award, his directly held position is 141,638 shares.
Insider Trade Summary
Grant/Award: 2,865 shares
Grant/Award
1 txn
Insider
Cassens Michael David
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,865 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 141,638 shares (Direct)
Footnotes (1)
- F1. Represents a grant by the Board of Directors of Deferred Stock Units which vest after one year.
Key Figures
Deferred Stock Units granted: 2,865 shares
Price per share for grant: $0.00 per share
Shares held after transaction: 141,638 shares
+3 more
6 metrics
Deferred Stock Units granted
2,865 shares
Equity award to director on April 1, 2026
Price per share for grant
$0.00 per share
Cost of awarded Common Stock
Shares held after transaction
141,638 shares
Director’s direct Common Stock holdings post-grant
Vesting period
One year
Deferred Stock Units vest after one year
Transaction code
A
Grant, award, or other acquisition of Common Stock
Transaction date
April 1, 2026
Date of Deferred Stock Unit grant
Key Terms
Deferred Stock Units, Common Stock, Grant, award, or other acquisition
3 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.
Common Stock financial
"security_title: Common Stock reported as acquired at $0.0000 per share."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition regulatory
"transaction_code_description: Grant, award, or other acquisition"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did First Busey (BUSE) director Michael David Cassens report?
Michael David Cassens reported receiving 2,865 shares of First Busey Common Stock as a grant, not a market purchase. The award was in the form of Deferred Stock Units that vest after one year, increasing his direct holdings to 141,638 shares.
Was the First Busey (BUSE) Form 4 transaction a stock purchase or a grant?
The Form 4 shows a grant, not a purchase. Cassens acquired 2,865 shares at a price of $0.00 per share as a Board-approved Deferred Stock Unit award, reflecting routine director compensation rather than an open-market buy or sell transaction.
What are the key details of the Deferred Stock Units granted by First Busey (BUSE)?
The Board granted Cassens 2,865 Deferred Stock Units that convert into Common Stock. These units vest after one year, providing equity-based compensation without immediate cash cost, and are reported as an acquisition of Common Stock at $0.00 per share.
Does the First Busey (BUSE) Form 4 indicate any insider stock sales?
No insider stock sales are reported in this Form 4. The filing only shows an acquisition of 2,865 shares through a Deferred Stock Unit grant, with no transactions coded as sales or dispositions of First Busey Common Stock by Michael David Cassens.
AI-generated analysis. How Rhea-AI works. Not financial advice.
