Form 4: First United Corp Director Kevin Hessler Acquires Shares Through Dividend Reinvestment
SEC Form 4 Filing
Director Kevin Hessler reports acquisition of 1,475 shares of First United Corp through dividend reinvestment.
Summary
- On May 21, 2025, Kevin Hessler, a director of First United Corp, acquired 1,475 shares of common stock.
- The acquisition was made through the First United Corporation Dividend Reinvestment and Stock Purchase Plan.
- The price per share was $0.
- Following the transaction, Hessler beneficially owns 4,065.0839 shares of First United Corp.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive. A director increasing their stake through dividend reinvestment is generally viewed favorably, indicating confidence in the company's prospects.
Positives
- The director's participation in the dividend reinvestment plan signals confidence in the company's future.
Industry Context
Dividend reinvestment plans are a common way for shareholders, including directors, to increase their stake in a company, often seen as a positive sign.
Stakeholder Impact
- The increased stake of a director may be viewed positively by shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/21/2025 | Date of transaction: Kevin Hessler acquired shares through dividend reinvestment. |
| 05/22/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Director, Dividend Reinvestment, Share Acquisition, FUNC, First United Corp, Kevin Hessler
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