First Busey Corp Director Acquires Dividend Equivalents
FIRST BUSEY CORP /NV/
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Filing Summary
First Busey Corp Director Acquires Dividend Equivalents
Company: FIRST BUSEY CORP /NV/ (BUSE) Form: 4 | Filed: 2025/11/04 Significance: Low
Insider: Brenneman Rod Title: null | Relationship: Director
Transaction: • Type: Grant • Shares: 37 • Price: $0.00 • Value: $0 • Owned After (Direct): 38,991
Key Insight: This is a routine, non-cash acquisition of dividend equivalent rights on existing deferred stock units, not an open-market purchase. It has no material financial impact.
This is PUBLIC SEC data for educational purposes. Not investment advice.
Comprehensive Analysis
SEC Filing Analysis: FIRST BUSEy CORP /NV/ (BUSE)
Executive Summary
- Trading Significance: Low
- Key Takeaway: A director acquired 37 shares valued at $0 as dividend equivalent rights, a routine and non-material event.
- Market Impact: Neutral. This transaction is too small to have any market impact.
Company Information
| Field | Value |
|---|---|
| Company | FIRST BUSEY CORP /NV/ |
| Ticker Symbol | BUSE |
| CIK | 0000314489 |
| Industry | STATE COMMERCIAL BANKS |
Insider Information
| Field | Value |
|---|---|
| Name | Brenneman Rod |
| CIK | 0001775250 |
| Title/Position | null |
| Relationship | Director |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2025-10-31 |
| Transaction Code | A |
| Security Type | Common Stock |
| Shares Involved | 37 |
| Price Per Share | $0.00 |
| Total Value | $0 |
| Shares Owned After | 38,991 (Direct) |
| Ownership Type | Direct |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $0 |
| % of Market Cap | 0.00% |
| Shares Transacted | 37 |
| % of Shares Outstanding | <0.001% |
| Post-Transaction Ownership | 171,412 shares (0.19% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: The transaction value is $0, which is negligible against the company's $1.99 billion market capitalization.
- Ownership Concentration: The director's total holdings of 171,412 shares (direct and indirect) represent a minor stake of approximately 0.19% of the total shares outstanding.
- Transaction Significance: The transaction represents an insignificant percentage of both the company's market cap and shares outstanding, confirming its low materiality.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: The transaction is a non-cash award of dividend equivalents, not an open-market trade, and its size is immaterial. It does not signal any change in insider sentiment.
Volume & Sentiment
- Expected Volume Impact: None. This is not an open-market transaction.
- Sentiment Indicator: Neutral. The filing is a routine administrative disclosure.
Additional Context
Transaction Notes
- Special Circumstances: The footnote clarifies that these shares are 'dividend equivalent rights accrued on Deferred Stock Units'. This is a standard procedure for compensating holders of stock units when a cash dividend is paid on common stock.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.