Form 4: Director Acquires First United Corp Stock
Insider Transaction Report
Director Brian R. Boal acquired shares of First United Corp common stock through a dividend reinvestment program.
Summary
- Brian R. Boal, a Director at First United Corp, acquired 78.48 shares of common stock on May 1, 2026.
- The acquisition was made through a dividend reinvestment program at a price of $38.10 per share.
- Following this transaction, Boal beneficially owns 20,917.408 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine dividend reinvestment by a director and does not contain new strategic information or significant financial performance data.
Positives
- Director's increased direct ownership in the company through a dividend reinvestment program indicates confidence.
- The acquisition was made at a stated price, suggesting a transparent transaction.
Future Outlook
No forward-looking statements or guidance were provided in this filing.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into the holdings of company directors and officers. This specific filing indicates a routine reinvestment of dividends by a director.
Stakeholder Impact
- Shareholders: Increased transparency into director's holdings, reinforcing governance standards.
- Management: Standard reporting requirement, no direct impact.
Key Dates
| Date | Description |
|---|---|
| 05/01/2026 | Transaction Date (Acquisition of common stock) |
| 05/05/2026 | Date of Report Signature |
Keywords
Form 4, SEC Filing, Insider Trading, Director Transaction, First United Corp, Common Stock, Dividend Reinvestment
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