Form 4: First United Corp Director Irvin Robert Rudy Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Director Irvin Robert Rudy reports acquiring 1,000 shares and disposing of an unspecified amount of shares held by I.R. Rudy Business Trust.
Summary
- On May 22, 2024, Irvin Robert Rudy, a director of First United Corp, reported a transaction involving the company's common stock.
- Rudy acquired 1,000 shares of common stock.
- Rudy also disposed of shares held indirectly through the I.R. Rudy Business Trust; the amount disposed of is not specified.
- Following these transactions, Rudy directly owns 39,000 shares of common stock.
- Rudy also indirectly owns 1,500 shares through the I.R. Rudy Business Trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, indicating neutral sentiment. It simply reports transactions.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects insider trading activity, which can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of stock transaction (acquisition and disposal) |
| 05/23/2024 | Date of signature by Attorney-in-Fact |
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