Director Steven W. Caple of FIRST BUSEY (NASDAQ: BUSE) awarded 62 shares via dividend equivalents
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FIRST BUSEY CORP director Steven W. Caple reported an automatic stock-related award tied to dividends. On 2026-05-01, he acquired 62 shares of Common Stock at $0.00 per share through a grant classified as a “grant, award, or other acquisition.”
According to the footnote, these 62 shares represent dividend equivalent rights that accrued on Deferred Stock Units when a cash dividend was paid on First Busey Corporation Common Stock. After this grant, Caple directly owns 11,380 shares, reflecting routine, compensation-linked accumulation rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CAPLE STEVEN W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 62 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 11,380 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 62 shares
Grant price per share: $0.00 per share
Shares owned after transaction: 11,380 shares
3 metrics
Shares granted
62 shares
Grant/Award acquisition on 2026-05-01 via dividend equivalent rights
Grant price per share
$0.00 per share
Dividend equivalent rights credited on Deferred Stock Units
Shares owned after transaction
11,380 shares
Total direct Common Stock holdings after 2026-05-01 grant
Key Terms
dividend equivalent rights, Deferred Stock Units, Grant, award, or other acquisition
3 terms
dividend equivalent rights financial
"Represents dividend equivalent rights accrued on Deferred Stock Units in connection with the payment of a cash dividend"
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.
Deferred Stock Units financial
"dividend equivalent rights accrued on Deferred Stock Units in connection with the payment of a cash dividend"
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""
FAQ
What did FIRST BUSEY (BUSE) director Steven W. Caple report in this Form 4?
He reported an automatic award of 62 shares of Common Stock at $0.00 per share. These shares stem from dividend equivalent rights tied to Deferred Stock Units and increase his direct holdings to 11,380 shares after the transaction.
Was the FIRST BUSEY (BUSE) Form 4 transaction an open-market purchase or sale?
No, the Form 4 shows a grant coded as an “A” transaction, meaning a grant, award, or other acquisition. The 62 shares came from dividend equivalent rights on Deferred Stock Units, not from buying or selling shares in the open market.
What are dividend equivalent rights in the FIRST BUSEY (BUSE) Form 4 filing?
The filing explains dividend equivalent rights as amounts that accrue on Deferred Stock Units when a cash dividend is paid. Each dividend equivalent right is described as the economic equivalent of one share of FIRST BUSEY CORP Common Stock credited to the holder.
What does transaction code "A" mean in the FIRST BUSEY (BUSE) Form 4?
Transaction code “A” indicates a grant, award, or other acquisition rather than a market trade. In this Form 4, it reflects 62 shares awarded to Steven W. Caple as dividend equivalent rights tied to Deferred Stock Units, at an effective price of $0.00 per share.