Form 4: First United Corp Director Irvin Robert Rudy Reports Acquisition and Disposal of Common Stock

Sentiment:

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

DateDescription
05/22/2024Date of stock transaction (acquisition and disposal)
05/23/2024Date of signature by Attorney-in-Fact

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