Form 4: First United Corp Director Brian R. Boal Acquires Additional Shares Through Dividend Reinvestment
SEC Form 4 Filing
Director Brian R. Boal increased his holdings in First United Corp through a dividend reinvestment program.
Summary
- On May 2, 2025, Brian R. Boal, a director of First United Corp, acquired 69.939 shares of common stock through a dividend reinvestment program.
- The shares were purchased at a price of $30.58 per share.
- Following the transaction, Boal directly owns 19,128.383 shares of First United Corp common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director increasing their holdings is generally a good sign, but this is a routine transaction through a dividend reinvestment program.
Positives
- The director's participation in the dividend reinvestment program signals confidence in the company's future.
Industry Context
Dividend reinvestment programs are a common way for shareholders, including directors, to increase their stake in a company, often seen as a positive signal to the market.
Key Dates
| Date | Description |
|---|---|
| 05/02/2025 | Date of transaction: Brian R. Boal acquired shares through dividend reinvestment. |
| 05/05/2025 | Date of signature by attorney-in-fact, Tonya K. Sturm. |
Keywords
Form 4, Director, Dividend Reinvestment, Beneficial Ownership, FUNC, First United Corp, Brian R. Boal, Common Stock
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