Board grants 2,865 deferred stock units to First Busey (BUSE) director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FIRST BUSEY CORP director Steven W. Caple reported an acquisition of company equity as part of his board compensation. On a Form 4, he received a grant of 2,865 Deferred Stock Units of common stock at no cash cost, awarded by the Board of Directors.
The Deferred Stock Units vest after one year, meaning they become fully earned over that period. Following this grant, Caple directly holds 11,318 shares or units of First Busey common stock. This is a routine, compensation-related award rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CAPLE STEVEN W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,865 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 11,318 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Deferred Stock Units granted: 2,865 units
Price per unit: $0.0000
Holdings after transaction: 11,318 shares/units
3 metrics
Deferred Stock Units granted
2,865 units
Equity award to director Steven W. Caple
Price per unit
$0.0000
Grant of Deferred Stock Units, no cash paid
Holdings after transaction
11,318 shares/units
Caple’s direct position following the grant
Key Terms
Deferred Stock Units, Board of Directors, vest
3 terms
Deferred Stock Units financial
"Represents a grant by the Board of Directors of Deferred Stock Units"
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.
Board of Directors financial
"Represents a grant by the Board of Directors of Deferred Stock Units"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
vest financial
"Deferred Stock Units which vest after one year"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did First Busey (BUSE) disclose for Steven W. Caple?
First Busey director Steven W. Caple reported receiving 2,865 Deferred Stock Units of common stock. The grant was made by the Board of Directors as compensation and carried no cash purchase price, reflecting a routine equity award rather than an open-market stock purchase.
Was cash paid for the 2,865 Deferred Stock Units granted to the First Busey director?
No cash was paid for this grant; the transaction shows a price per share of 0.0000. This indicates the 2,865 Deferred Stock Units were awarded as equity compensation by the Board of Directors, not acquired through an open-market purchase or other cash-funded transaction.
When do Steven W. Caple’s Deferred Stock Units from First Busey (BUSE) vest?
The footnote states that the 2,865 Deferred Stock Units granted to Steven W. Caple vest after one year. Vesting after one year means he must remain in the eligible role during that period before the units become fully earned and non-forfeitable.
Is the Form 4 transaction for First Busey (BUSE) a purchase or a compensation grant?
The Form 4 reflects a compensation grant, not an open-market purchase. The transaction is coded as an “A” for grant or award, with 2,865 Deferred Stock Units given at no cash cost, consistent with routine director equity compensation authorized by the Board of Directors.