First Busey Corp (BUSE) awards counsel 94 dividend equivalent shares
Rhea-AI Filing Summary
Peluso Michael A reported acquisition or exercise transactions in this Form 4 filing.
First Busey Corp reported that General Counsel Michael A Peluso received a grant of 94.0000 shares of common stock on 2026-07-31 through dividend equivalent rights accrued on Restricted Stock Units after a cash dividend, increasing his direct holdings to 27,662.0252 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 94 shares
Net Buy
1 txn
Insider
Peluso Michael A
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 94 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 27,662.0252 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: 94.0000 shares
Price per share: $0.0000
Shares owned after transaction: 27,662.0252 shares
+1 more
4 metrics
Shares acquired
94.0000 shares
Dividend equivalent rights accrued on RSUs on 2026-07-31
Price per share
$0.0000
Grant/award acquisition of common stock equivalents
Shares owned after transaction
27,662.0252 shares
Direct holdings of Michael A Peluso following the grant
Transaction date
2026-07-31
Date dividend equivalent rights were credited on RSUs
Key Terms
dividend equivalent rights, Restricted Stock Units, economic equivalent
3 terms
dividend equivalent rights financial
"Represents dividend equivalent rights accrued on Restricted Stock Units"
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
"rights accrued on Restricted Stock Units in connection with the payment"
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.
economic equivalent financial
"Each dividend equivalent right is the economic equivalent of one share"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did First Busey (BUSE) disclose for Michael A Peluso?
Michael A Peluso, First Busey’s General Counsel, received a grant of 94.0000 common stock equivalents on 2026-07-31 via dividend equivalent rights accrued on his Restricted Stock Units after a cash dividend.
What are dividend equivalent rights in the First Busey (BUSE) Form 4 filing?
The filing explains that dividend equivalent rights accrued on Restricted Stock Units when a cash dividend was paid, and each right is the economic equivalent of one share of First Busey common stock for Michael A Peluso.