First Busey director awarded 100 dividend-equivalent units
First Busey Corp. director Tiffany B. White reported an acquisition of 100 common stock-related units as a compensation-linked award.
Rhea-AI Filing Summary
First Busey Corp. director Tiffany B. White reported an acquisition of 100 common stock-related units as a compensation-linked award. The Form 4 shows these are dividend equivalent rights accrued on Deferred Stock Units in connection with a cash dividend. Each right is economically equivalent to one share of First Busey common stock, and following this award she directly holds 10,371 shares. This is a routine, non-cash compensation adjustment rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 100 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents dividend equivalent rights accrued on Deferred 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
Key Terms
dividend equivalent rights financial
Deferred Stock Units financial
economic equivalent financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did First Busey (BUSE) director Tiffany B. White report?
What are the 100 units reported in Tiffany B. White’s Form 4 for First Busey (BUSE)?
What does the dividend equivalent rights footnote mean in the First Busey (BUSE) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.