Form 4: First United Corp Director Rodeheaver Increases Stake Through Dividend Reinvestment

Carissa Lynn Rodeheaver, Director, Chairman, President & CEO of First United Corp, reports increased holdings through dividend reinvestments and stock purchases.

Summary

• On May 1, 2025, Carissa Lynn Rodeheaver, a Director, Chairman, President, and CEO of First United Corp, acquired additional shares of common stock.
• These shares were obtained through dividend reinvestments and stock purchases via a brokerage account and the First United Corporation Dividend Reinvestment and Stock Purchase Plan.
• Rodeheaver purchased 45.6036 shares at $29.975 each and 126.269 shares at $30.58 each.
• Following these transactions, Rodeheaver directly owns 46,690.1775 shares of First United Corp common stock.
• Additionally, Rodeheaver indirectly owns 84.4963 shares through a spouse as UTMA custodian for a minor son and 916.9775 shares through a 401(k) plan.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as the insider's increased stake suggests confidence, but it's a routine transaction.

Positives

• The director's increased investment signals confidence in the company's future.
• Dividend reinvestment plans allow shareholders to increase their holdings cost-effectively.

Industry Context

Insider transactions are closely monitored as they can provide insights into a company's performance and management's confidence.

Stakeholder Impact

• Shareholders may view the insider's increased stake as a positive signal.
• The impact on other stakeholders is likely minimal.

Key Dates

Keywords

First United Corp, FUNC, Carissa Rodeheaver, insider trading, dividend reinvestment, stock purchase, Form 4, beneficial ownership