Director Scott Wehrli awarded 2,865 units at First Busey (BUSE)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wehrli Scott A reported acquisition or exercise transactions in this Form 4 filing.
FIRST BUSEY CORP (BUSE) director Scott A. Wehrli received an equity award of 2,865 shares of Common Stock as Deferred Stock Units on April 1, 2026. The grant was made by the Board of Directors and the units vest after one year, indicating compensation rather than an open-market purchase.
After this grant, Wehrli directly holds 12,799 Common Stock shares. He also has indirect ownership of 40,367 shares through Scott Wehrli Investments LLC and 23,011 shares through the Scott Wehrli Declaration of Trust, showing a larger overall stake than his direct holdings alone.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Wehrli Scott A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,865 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 12,799 shares (Direct);
Common Stock — 40,367 shares (Indirect, Scott Wehrli Investments LLC)
Footnotes (1)
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Key Figures
Deferred Stock Units granted: 2,865 shares
Direct holdings after grant: 12,799 shares
Indirect holdings via LLC: 40,367 shares
+1 more
4 metrics
Deferred Stock Units granted
2,865 shares
Board grant on April 1, 2026
Direct holdings after grant
12,799 shares
Common Stock held directly by Scott A. Wehrli
Indirect holdings via LLC
40,367 shares
Held through Scott Wehrli Investments LLC
Indirect holdings via trust
23,011 shares
Held through Scott Wehrli Declaration of Trust
Key Terms
Deferred Stock Units, Grant, award, or other acquisition, indirect ownership
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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition" for the 2,865-share entry."
indirect ownership financial
"Indirect holdings are reported through Scott Wehrli Investments LLC and the Scott Wehrli Declaration of Trust."
FAQ
What did Scott A. Wehrli report in his Form 4 for FIRST BUSEY CORP (BUSE)?
Scott A. Wehrli reported receiving 2,865 shares of FIRST BUSEY CORP Common Stock as Deferred Stock Units granted by the Board. These units vest after one year and represent equity compensation, not an open-market share purchase, and increase his total reported holdings.
What indirect FIRST BUSEY CORP (BUSE) holdings are reported for Scott A. Wehrli?
Scott A. Wehrli reports indirect ownership of 40,367 Common Stock shares through Scott Wehrli Investments LLC and 23,011 shares through the Scott Wehrli Declaration of Trust. These indirect positions supplement his 12,799 directly held shares, giving a fuller picture of his overall reported stake.
When do Scott A. Wehrli’s Deferred Stock Units in FIRST BUSEY CORP (BUSE) vest?
The Deferred Stock Units granted to Scott A. Wehrli vest after one year. This vesting schedule, noted in the footnote, means the 2,865 granted units become fully earned over a year, aligning the director’s compensation with longer-term involvement in FIRST BUSEY CORP.