Form 4: Director Acquires Deferred Stock Units

Thomas Carlton Brown, a Director at First Community Corp, acquired 172 deferred stock units on June 30, 2026, as part of a deferred compensation plan.

Summary

• Director Thomas Carlton Brown acquired 172 deferred stock units on June 30, 2026.
• These units were acquired under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan.
• The acquisition was based on a deferred compensation amount divided by the stock's closing bid price of $32.67 on June 30, 2026.
• Following this transaction, the reporting person beneficially owns 41,647 securities.
• This total includes 10,052 deferred stock units, which also account for 53 dividend equivalent units credited during the second quarter of 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine transaction related to director compensation and does not indicate significant new financial performance or strategic shifts.

Positives

• Director's continued investment and participation in the company's deferred compensation plan, indicating confidence.
• Accrual of dividend equivalents in the form of additional deferred stock units, which can enhance future returns.

Future Outlook

The filing does not contain specific forward-looking statements or guidance. However, the nature of deferred stock units implies future issuance of common stock upon distribution from the plan.

Industry Context

StockSavvy.ai notes that director participation in deferred compensation plans is a common practice in the financial services industry, aligning executive and director interests with shareholder value over the long term.

Stakeholder Impact

• Shareholders: The acquisition of deferred stock units by a director, while not a direct purchase of common stock, reflects continued commitment and potential future dilution upon issuance of shares.

Next Steps

• Shares of First Community Corporation common stock will be issued on a one-for-one basis in respect of deferred stock units upon a distribution from the Plan.

Key Dates

Keywords

Form 4, SEC Filing, Director, Deferred Stock Units, Deferred Compensation, First Community Corp, FCCO, Beneficial Ownership, Stock Acquisition