Form 4: First United Corp Director Brian R. Boal Acquires Additional Shares Through Dividend Reinvestment

Director Brian R. Boal increased his holdings in First United Corp through a dividend reinvestment program.

Summary

• On February 3, 2025, Brian R. Boal, a director of First United Corp, acquired 65.631 shares of common stock.
• The shares were purchased at a price of $32.36 per share.
• The acquisition was made through a dividend reinvestment program.
• Following the transaction, Boal directly owns 19,058.444 shares of First United Corp.
• The transaction was reported on February 5, 2025.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction (dividend reinvestment) by a company director. It's neither overwhelmingly positive nor negative.

Positives

• A director's participation in a dividend reinvestment program can be seen as a positive signal, indicating confidence in the company's future.

Industry Context

Directors regularly file form 4s when they buy or sell stock in their own companies. Dividend reinvestment programs are a common way for investors to increase their holdings.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholders as it signals confidence from a company director.

Key Dates

Keywords

Form 4, Director, Dividend Reinvestment, Common Stock, Beneficial Ownership, FUNC, First United Corp, Brian R. Boal