FIRST BUSEY (BUSE) EVP & General Counsel receives 7,848-share RSU equity award
Rhea-AI Filing Summary
Powers John Joseph reported acquisition or exercise transactions in this Form 4 filing.
FIRST BUSEY CORP executive vice president and general counsel John Joseph Powers received an equity compensation award in the form of 7,848 shares of common stock on April 1, 2026. The award is structured as Restricted Stock Units that vest in equal installments on each of the first three anniversaries of the grant date.
After this grant, Powers directly holds 116,543.2733 shares of common stock, and indirectly holds 22,287 shares through a 401(K) & Profit Sharing Plan. The grant was made at a stated price of $0.00 per share, reflecting a compensation award rather than an open-market purchase.
Positive
- None.
Negative
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Insights
Routine equity grant increases EVP & General Counsel's stake without market buying or selling.
The filing shows FIRST BUSEY CORP awarding EVP & General Counsel John Joseph Powers 7,848 shares of common stock as Restricted Stock Units. These vest over three years, aligning a portion of his compensation with longer-term company performance rather than immediate cash pay.
This is a grant/award acquisition, not an open-market trade, so it carries limited signaling value about his short-term view of the stock. Following the grant, he directly holds 116,543.2733 shares and indirectly holds 22,287 shares via a 401(K) & Profit Sharing Plan, indicating a meaningful ongoing equity position.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,848 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Represents a grant by the Board of Directors of Restricted Stock Units which vest in equal installments on each of the first three anniversaries of the grant date.
Key Figures
Key Terms
Restricted Stock Units financial
401(K) & P/S Plan financial
grant/award acquisition financial
EVP & General Counsel financial
AI-generated analysis. How Rhea-AI works. Not financial advice.