Form 4: FCCO Director Chimin J. Chao Acquires Stock Units

First Community Corp Director Chimin J. Chao acquired 364 deferred stock units as part of a compensation deferral plan, increasing direct beneficial ownership.

Summary

• Director Chimin J. Chao acquired 364 deferred stock units of First Community Corp (FCCO) on September 30, 2025.
• The acquisition was part of the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan, where compensation was deferred into stock units.
• The deferred stock units were credited based on a consolidated closing bid price of $28.16 per share on September 30, 2025.
• Following this transaction, direct beneficial ownership for Chimin J. Chao totals 59,492 shares, which includes 51,011 deferred stock units (307 of which were credited as dividend equivalents during Q3 2025).
• Indirect beneficial ownership remains 42,983 shares through the Yuhjen Jane Chao Family Trust.

Sentiment

Score: 7

Explanation: The director's acquisition of deferred stock units, even as part of a compensation plan, indicates continued alignment of interests with shareholders and confidence in the company.

Positives

• Director Chimin J. Chao increased direct beneficial ownership in First Community Corp by acquiring 364 deferred stock units, aligning interests with shareholders.
• The acquisition demonstrates continued participation in the company's non-employee director deferred compensation plan.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders may view the director's increased beneficial ownership as a positive signal of management's commitment and alignment with shareholder interests.

Key Dates

Recommendation

This Form 4 reports a routine acquisition of deferred stock units by a director as part of a compensation plan. While it indicates continued alignment of interests, it does not provide new fundamental information to warrant a change in investment recommendation. Investors should consider broader financial performance and market conditions.

Keywords

FCCO, First Community Corp, insider transaction, Form 4, director compensation, deferred stock units, beneficial ownership