First Busey (BUSE) director gets 53 dividend stock equivalents
Rhea-AI Filing Summary
FIRST BUSEY CORP director Jennifer M. Grigsby reported an automatic acquisition of 53 dividend equivalent rights on Deferred Stock Units on 2026-07-31, in connection with a cash dividend on common stock. Each right is the economic equivalent of one common share. Her direct holdings are 24,855 common shares, with an additional 25,637 shares held indirectly through the Jennifer M. Grigsby Living Trust.
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- None.
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Insider Trade Summary
Net Buyer: 53 shares
Net Buy
2 txns
Insider
Grigsby Jennifer M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 53 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 24,855 shares (Direct);
Common Stock — 25,637 shares (Indirect, Jennifer M. Grigsby Living Trust)
Footnotes (1)
- F1. Represents dividend equivalent rights accrued on Deferred 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
Dividend equivalent rights granted: 53
Direct common shares held after award: 24,855
Indirect common shares held in trust: 25,637
+1 more
4 metrics
Dividend equivalent rights granted
53
Rights accrued on Deferred Stock Units on 2026-07-31
Direct common shares held after award
24,855
Direct ownership position of Jennifer M. Grigsby after the reported grant
Indirect common shares held in trust
25,637
Shares held through the Jennifer M. Grigsby Living Trust as of 2026-07-31
Per-share grant price
$0.0000
Non-cash grant of dividend equivalent rights coded as acquisition (A)
Key Terms
dividend equivalent rights, Deferred Stock Units, Living Trust
3 terms
dividend equivalent rights financial
"Represents dividend equivalent rights accrued on Deferred 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.
Deferred Stock Units financial
"accrued on Deferred Stock Units in connection with the payment"
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.
Living Trust financial
"nature_of_ownership: Jennifer M. Grigsby Living Trust"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did director Jennifer M. Grigsby acquire in the latest BUSE Form 4?
Director Jennifer M. Grigsby acquired 53 dividend equivalent rights on Deferred Stock Units on 2026-07-31. These rights accrued due to a cash dividend on First Busey common stock and are economically equivalent to common shares.
Was the BUSE Form 4 transaction an open-market purchase or a grant to the director?
The Form 4 reports a grant/award acquisition, not an open-market purchase. Code A and a price of $0.0000 per share indicate the 53 dividend equivalent rights were issued as a non-cash compensation-related award tied to a dividend.
What are dividend equivalent rights in First Busey’s (BUSE) director compensation?
The footnote states the award represents dividend equivalent rights accrued on Deferred Stock Units. Each right is the economic equivalent of one share of First Busey common stock and arises when a cash dividend is paid on the underlying shares.
Were Jennifer M. Grigsby’s BUSE transactions made under a Rule 10b5-1 trading plan?
No. The Rule 10b5-1 checkbox for this Form 4 is not marked as an affirmative plan filing. The report does not characterize the 53 dividend equivalent rights as being granted pursuant to a pre-arranged trading plan.