Director at First Busey (BUSE) receives 2,865 deferred stock units as grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
First Busey Corp. director Karen M. Jensen received a grant of 2,865 shares of Common Stock as Deferred Stock Units from the Board of Directors. The grant was awarded at no cash cost and will vest after one year. Following this compensation award and prior activity, she directly holds 90,255 shares, which include 119 shares acquired through a dividend reinvestment program.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jensen Karen M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,865 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 90,255 shares (Direct)
Footnotes (1)
- Represents a grant by the Board of Directors of Deferred Stock Units which vest after one year. Includes 119 shares acquired through a dividend reinvestment.
Key Figures
Deferred Stock Units granted: 2,865 shares
Grant price per share: $0.0000 per share
Shares held after transaction: 90,255 shares
+1 more
4 metrics
Deferred Stock Units granted
2,865 shares
Board grant of Common Stock units that vest after one year
Grant price per share
$0.0000 per share
Equity compensation award, not an open-market purchase
Shares held after transaction
90,255 shares
Direct holdings of Karen M. Jensen following the grant
Dividend reinvestment shares
119 shares
Portion of holdings acquired via dividend reinvestment
Key Terms
Deferred Stock Units, dividend reinvestment, Grant, award, or other acquisition
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.
dividend reinvestment financial
"Includes 119 shares acquired through a dividend reinvestment."
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did First Busey (BUSE) report for Karen M. Jensen?
Director Karen M. Jensen received a grant of 2,865 Deferred Stock Units of First Busey common stock. The award is a form of equity compensation, not an open-market purchase, and was issued at no cash cost to her.
What are the vesting terms of Karen M. Jensen’s new First Busey stock units?
The 2,865 Deferred Stock Units granted to Karen M. Jensen will vest after one year. Vesting means the units convert into shares she can actually own, aligning director compensation with longer-term company performance and board service.
Was Karen M. Jensen’s recent First Busey transaction an open-market stock purchase?
No, the transaction was a grant of 2,865 Deferred Stock Units by the Board, coded as an acquisition of stock through compensation. The Form 4 shows a price of $0.0000 per share, confirming it was not an open-market buy.
What does the dividend reinvestment disclosure mean in the First Busey (BUSE) Form 4?
The filing notes that Jensen’s holdings include 119 shares acquired through a dividend reinvestment. This indicates some dividends paid on her holdings were automatically used to buy additional First Busey shares, modestly increasing her ownership over time.