First Busey CEO reports stock awards, no sales
First Busey Corp. President and CEO Van A. Dukeman reported stock awards rather than open‑market trades.
Rhea-AI Filing Summary
First Busey Corp. President and CEO Van A. Dukeman reported stock awards rather than open‑market trades. On March 31, he acquired 1,046.0251 shares of common stock in a grant/award transaction at $20.315 per share. On May 1, he received an additional 1,128 shares at no cost, and his direct holdings increased to 461,252.8311 shares. The filing also lists indirect holdings of 2,201 shares in a spouse IRA and 14,034 shares in a 401(k) & Profit Sharing Plan as of March 31. Footnotes state that certain shares were acquired under the Employee Stock Purchase Plan and through dividend equivalent rights on Restricted Stock Units, both in transactions exempt under Rule 16b-3.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 2,174.0251 shares
Grant/Award
4 txns
Insider
DUKEMAN VAN A
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,128 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 1,046.0251 | $20.315 | $21K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 461,252.8311 shares (Direct);
Common Stock — 14,034 shares (Indirect, 401(k) & Profit Sharing Plan);
Common Stock — 2,201 shares (Indirect, Spouse IRA)
Footnotes (2)
- F1. Shares were acquired under the First Busey Corporation Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(c) and Rule 16b-3(d).
- F2. 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
March 31 stock grant: 1,046.0251 shares at $20.315
May 1 stock award: 1,128 shares at $0.0000
Direct holdings after May 1: 461,252.8311 shares
+2 more
5 metrics
March 31 stock grant
1,046.0251 shares at $20.315
Grant/award acquisition of common stock on March 31, 2026
May 1 stock award
1,128 shares at $0.0000
Award of common stock on May 1, 2026
Direct holdings after May 1
461,252.8311 shares
Total direct First Busey common shares following latest award
Spouse IRA holdings
2,201.0000 shares
Indirect ownership via spouse IRA as of March 31, 2026
401(k) & Profit Sharing holdings
14,034.0000 shares
Indirect ownership via 401(k) & Profit Sharing Plan as of March 31, 2026
Key Terms
Employee Stock Purchase Plan, dividend equivalent rights, Restricted Stock Units, Rule 16b-3(c), +1 more
5 terms
Employee Stock Purchase Plan financial
"Shares were acquired under the First Busey Corporation Employee Stock Purchase Plan in transactions that were exempt..."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
dividend equivalent rights financial
"Represents dividend equivalent rights accrued on Restricted 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.
Restricted Stock Units financial
"Represents dividend equivalent rights accrued on Restricted Stock Units in connection with the payment of a cash dividend..."
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.
Rule 16b-3(c) regulatory
"transactions that were exempt under both Rule 16b-3(c) and Rule 16b-3(d)."
An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.
Rule 16b-3(d) regulatory
"transactions that were exempt under both Rule 16b-3(c) and Rule 16b-3(d)."
Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did First Busey (BUSE) CEO Van A. Dukeman report?
Van A. Dukeman reported routine equity compensation transactions. He received 1,046.0251 First Busey common shares on March 31 at $20.315 per share and 1,128 additional shares on May 1 at no cost, increasing his reported direct ownership to 461,252.8311 shares.
What is the March 31 stock grant reported for First Busey (BUSE) CEO Van A. Dukeman?
On March 31, the CEO received a grant or award of 1,046.0251 First Busey common shares at $20.315 per share. The entry is coded as an acquisition (A) and is described as a grant, award, or other acquisition, typical of equity compensation rather than a market purchase.
AI-generated analysis. How Rhea-AI works. Not financial advice.
