Form 4: First United Corp Director H. Andrew Walls III Acquires and Disposes of Common Stock

Director H. Andrew Walls III reports acquiring 1,683 shares of First United Corp common stock and disposing of 14,854.075 shares held indirectly through Morgantown Printing & Binding.

Summary

• On May 22, 2024, H. Andrew Walls III, a director of First United Corp, engaged in transactions involving the company's common stock.
• Walls acquired 1,683 shares of common stock at $0 per share.
• Concurrently, Walls disposed of 14,854.075 shares held indirectly through Morgantown Printing & Binding.
• Following these transactions, Walls directly owns 49,604 shares of First United Corp common stock.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions by a company director, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with privileged information.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the actions of a company insider.

Key Dates