First Busey Corp (BUSE) CFO reports 286 dividend equivalent rights award
Rhea-AI Filing Summary
First Busey Corp Chief Financial Officer Christopher H.M. Chan acquired 286 common-stock equivalent rights on July 31, 2026, as dividend equivalent rights accrued on Restricted Stock Units in connection with a cash dividend. Following this award, his directly held common stock position is 34,250 shares; the grant carried a stated price of $0.0000 per share and was not reported under a Rule 10b5-1 trading plan.
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Insider Trade Summary
Net Buyer: 286 shares
Net Buy
1 txn
Insider
Chan Christopher H.M.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 286 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 34,250 shares (Direct)
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.
Key Figures
Shares acquired: 286 shares
Price per share: $0.0000
Shares held after: 34,250 shares
+2 more
5 metrics
Shares acquired
286 shares
Grant/award acquisition on July 31, 2026 as dividend equivalent rights
Price per share
$0.0000
Stated transaction price for the award of dividend equivalent rights
Shares held after
34,250 shares
Direct common stock holdings of the CFO following the transaction
Transaction date
July 31, 2026
Date on which the dividend equivalent rights were accrued
Dividend right ratio
1 right per 1 share
Each dividend equivalent right is the economic equivalent of one common share
Key Terms
dividend equivalent rights, Restricted Stock Units, cash dividend
3 terms
dividend equivalent rights financial
"Represents dividend equivalent rights accrued on Restricted Stock Units in connection"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
Restricted Stock Units financial
"Represents dividend equivalent rights accrued on Restricted Stock Units in connection"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
cash dividend financial
"accrued on Restricted Stock Units in connection with the payment of a cash dividend"
A cash dividend is a payment made by a company to its shareholders directly in money, usually on a regular schedule. It is a way for investors to receive a portion of the company's profits, similar to earning interest or a bonus for holding the company's stock. Cash dividends provide income to shareholders and can indicate the company's financial health and stability.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did First Busey (BUSE) report for its CFO?
First Busey reported that CFO Christopher H.M. Chan acquired 286 common-stock equivalent rights. These were recorded as dividend equivalent rights accrued on Restricted Stock Units in connection with a cash dividend on First Busey Corporation common stock.
When did the BUSE CFO receive the 286 dividend equivalent rights and at what price?
The CFO’s award was dated July 31, 2026, covering 286 dividend equivalent rights with a stated transaction price of $0.0000 per share. The rights arose from a cash dividend paid on First Busey Corporation common stock.
Were the BUSE CFO’s reported transactions under a Rule 10b5-1 trading plan?
No. The filing indicates the Rule 10b5-1 checkbox was not selected, meaning the reported acquisition of dividend equivalent rights was not made pursuant to an affirmed 10b5-1 trading plan or pre-arranged trading arrangement.
What are the dividend equivalent rights mentioned in the First Busey (BUSE) Form 4?
The filing explains that dividend equivalent rights were accrued on Restricted Stock Units when a cash dividend was paid. Each dividend equivalent right is described as the economic equivalent of one share of First Busey Corporation common stock.