Form 4: First United Corp Director Irvin Robert Rudy Sells 2,000 Shares

Sentiment:

SEC Form 4 Filing


Director Irvin Robert Rudy sold 2,000 shares of First United Corp (FUNC) at a price of $27.5189 on July 25, 2024.

Summary

  • On July 25, 2024, Irvin Robert Rudy, a director of First United Corp (FUNC), sold 2,000 shares of common stock.
  • The sale price was $27.5189 per share.
  • Following the transaction, Rudy directly owns 37,000 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 Form 4 filing, indicating a routine transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This is a routine disclosure of insider trading activity. It is common for directors and officers of publicly traded companies to buy and sell shares of their company's stock. These transactions are closely monitored by regulators to prevent illegal insider trading.

Key Dates

DateDescription
07/25/2024Date of transaction: Irvin Robert Rudy sold 2,000 shares of First United Corp (FUNC) common stock.
07/26/2024Date of signature on the Form 4 filing.

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