Form 4: First United Corp Director Acquires Shares Through Vesting of Restricted Stock Units

Carissa Lynn Rodeheaver, Chairman, President & CEO of First United Corp, acquired 619 shares of common stock on March 10, 2025, through the vesting of restricted stock units.

Summary

• On March 10, 2025, Carissa Lynn Rodeheaver, Chairman, President & CEO of First United Corp, acquired 619 shares of common stock.
• The acquisition was a result of time-vesting restricted stock units granted on March 9, 2022.
• The price per share was $0.
• Following the transaction, Rodeheaver beneficially owns 45,963.7793 shares of First United Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to executive compensation. The vesting of shares is generally a positive sign, but it's an expected event.

Positives

• The vesting of restricted stock units aligns the executive's interests with those of the shareholders.
• The increased share ownership demonstrates the executive's confidence in the company.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of previously granted equity compensation.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholders as it aligns management's interests with theirs.

Key Dates