Form 4: FCCO Director Defers Compensation into Stock Units

First Community Corp Director Thomas Carlton Brown defers compensation into 135 deferred stock units at $29.65 each, increasing his beneficial ownership.

Summary

• Thomas Carlton Brown, a Director of First Community Corp, acquired 135 deferred stock units on December 31, 2025.
• The acquisition was made at a price of $29.65 per unit.
• This transaction is part of the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan.
• Following this transaction, the reporting person's total beneficial ownership stands at 39,418 securities.
• The total beneficial ownership includes 8,775 deferred stock units under the Plan, 51 of which were credited as dividend equivalents during the fourth quarter of 2025.
• Shares of First Community Corporation common stock will be issued on a one-for-one basis in respect of deferred stock units upon distribution from the Plan.

Sentiment

Score: 7

Explanation: The director's decision to defer compensation into company stock units indicates a positive long-term outlook and aligns their interests with shareholders.

Positives

• Director Thomas Carlton Brown increased his beneficial ownership in First Community Corp by acquiring 135 deferred stock units, signaling continued confidence in the company's future.
• The deferred compensation plan aligns the director's long-term interests with those of shareholders, as units receive dividend equivalents and convert to common stock.

Future Outlook

The filing does not contain forward-looking statements or guidance regarding the company's future performance. It solely reports an insider transaction.

Industry Context

This filing is a routine disclosure of an insider transaction within the financial services industry, specifically a director deferring compensation into company stock. It does not provide broader industry trends or competitive analysis.

Comparison to Industry Standards

• This Form 4 details a standard director compensation deferral, which is a common practice in corporate governance to align director interests with shareholders. No specific comparable companies, projects, or results are mentioned in the filing.

Corporate Governance

Related Party Transactions

• Thomas Carlton Brown, a Director, acquired deferred stock units from First Community Corp as part of his compensation plan, which constitutes a related party transaction.

Stakeholder Impact

• Shareholders: May view the director's increased beneficial ownership as a positive signal of confidence in the company's future.

Key Dates

Keywords

First Community Corp, FCCO, Director, Insider Transaction, Form 4, Deferred Compensation, Stock Units, Beneficial Ownership, Thomas Carlton Brown, Financial Services, Banking