Form 4: First Community Corp Director E. Leland Reynolds Acquires Additional Shares Through Deferred Compensation Plan

Director E. Leland Reynolds increased his holdings in First Community Corp through the acquisition of deferred stock units under the company's compensation plan.

Summary

• On March 31, 2025, E. Leland Reynolds, a director of First Community Corp, acquired 712 shares of common stock through the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan.
• These shares were acquired as deferred stock units, with each unit priced at $22.46.
• Following this transaction, Reynolds' total holdings amount to 29,735 shares, including 712 deferred stock units.
• The deferred stock units accrue dividend equivalents in the form of additional deferred stock units and will be issued as common stock on a one-for-one basis upon distribution from the plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction related to a deferred compensation plan. There are no indications of significant positive or negative sentiment.

Positives

• Director's participation in the deferred compensation plan signals confidence in the company's future.
• Accumulation of deferred stock units through dividend equivalents further increases holdings over time.

Future Outlook

The document does not contain explicit forward-looking statements, but the accumulation of deferred stock units suggests a long-term investment perspective by the director.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in the financial industry. Monitoring such filings can provide insights into management's sentiment and confidence in the company's prospects.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals confidence from a company director.

Key Dates

Keywords

Form 4, insider trading, beneficial ownership, deferred compensation, director, FCCO, First Community Corp, Reynolds