Form 4: Director Jonathan Been Acquires FCCO Deferred Stock Units

Director Jonathan W. Been acquired 140 deferred stock units in First Community Corporation (FCCO) on June 30, 2026, as part of a deferred compensation plan.

Summary

• Director Jonathan W. Been acquired 140 deferred stock units in First Community Corporation (FCCO) 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 compensation deferred during the second quarter of 2026, divided by the stock's consolidated closing bid price of $32.67 on June 30, 2026.
• Following this transaction, Mr. Been beneficially owns 154,018 shares of common stock, including various trust holdings and spousal ownership.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine transaction related to director compensation rather than a significant strategic event or financial performance indicator.

Positives

• Director Been's continued participation in the deferred compensation plan indicates confidence in the company's long-term value.
• The acquisition of deferred stock units aligns the director's interests with those of shareholders.
• The total beneficial ownership of 154,018 shares demonstrates a significant stake in the company.

Future Outlook

The filing does not contain specific forward-looking statements or guidance. However, the nature of deferred stock units implies a long-term perspective on the company's performance.

Industry Context

StockSavvy.ai notes that director stock acquisitions, particularly through deferred compensation plans, are common in the banking sector as a means to align executive interests with shareholder value and retain talent.

Stakeholder Impact

• Shareholders: The transaction reinforces alignment between director compensation and company performance, potentially benefiting shareholders through motivated leadership.

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

FCCO, First Community Corporation, Form 4, SEC Filing, Director, Deferred Stock Units, Compensation Plan, Beneficial Ownership