Form 4: Director Jonathan Been Acquires Deferred Stock Units

Director Jonathan W. Been acquired 922 deferred stock units in First Community Corporation on March 31, 2026, as part of a deferred compensation plan.

Summary

• Director Jonathan W. Been acquired 922 deferred stock units in First Community Corporation on March 31, 2026.
• These units were acquired under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan.
• The acquisition price was based on the deferred compensation amount divided by the stock's closing bid price of $29.17 on March 31, 2026.
• The reporting person also holds a significant number of shares indirectly through various trusts.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports a standard compensation transaction for a director rather than significant new financial performance or strategic shifts.

Positives

• Director's continued investment and participation in the company's deferred compensation plan, indicating confidence.
• Acquisition of 922 deferred stock units, reflecting a commitment to long-term alignment with shareholder interests.

Future Outlook

The filing does not contain specific forward-looking statements or guidance. It primarily reports on a past transaction.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into executive and director compensation and ownership. This specific filing details a common practice of deferred compensation for non-employee directors.

Stakeholder Impact

• Shareholders gain transparency into director compensation and ownership structure.
• Directors are incentivized to align their interests with shareholders through deferred compensation plans.

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, Insider Trading, Deferred Stock Units, Director Compensation, First Community Corporation, FCCO, Beneficial Ownership