Form 4: Director Thomas Brown Increases Stake in FCCO

Director Thomas Carlton Brown acquired 1,004 deferred stock units in First Community Corporation as part of a director compensation deferral plan.

Summary

• Director Thomas Carlton Brown was credited with 1,004 deferred stock units on March 31, 2026.
• The acquisition was made under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan.
• The units were valued at $29.17 per share, based on the closing bid price on the transaction date.
• Following this transaction, the director's total beneficial ownership stands at 41,422 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine disclosure of director compensation that does not impact the company's fundamental outlook.

Positives

• Demonstrates alignment of interest between the director and shareholders through equity-based compensation.
• Reflects active participation in the company's deferred compensation plan.

Future Outlook

Not applicable as this is a routine director compensation disclosure.

Industry Context

StockSavvy.ai notes that director participation in deferred compensation plans is a standard corporate governance practice in the regional banking sector, signaling long-term commitment to the issuer.

Comparison to Industry Standards

• The use of deferred stock units for non-employee directors is consistent with standard governance practices among regional financial institutions.
• The one-for-one conversion ratio for deferred stock units is standard practice for equity-based director compensation.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard compensation deferral mechanism.

Key Dates

Keywords

FCCO, First Community Corporation, Director Compensation, Insider Trading, Form 4, Deferred Stock Units