Form 4: First United Corp Director Rodeheaver Reports Stock Purchases and Dividend Reinvestments
SEC Form 4 Filing
Carissa Lynn Rodeheaver, a Director and Chairman, President & CEO of First United Corp, reports purchases of common stock and dividend reinvestments.
Summary
- Carissa Lynn Rodeheaver, a Director and Chairman, President & CEO of First United Corp, filed a Form 4.
- On November 1, 2024, Rodeheaver acquired 42.1577 shares of common stock at $31.9851 per share through a dividend reinvestment program.
- On November 4, 2024, Rodeheaver purchased 120 shares of common stock at $31.74 per share.
- Following these transactions, Rodeheaver directly owns 43,851.8691 shares of common stock.
- Rodeheaver also indirectly owns 83.2876 shares through a spouse as UTMA custodian for a son and 904.6934 shares through a 401(k) plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports routine transactions. The purchases could be seen as slightly positive, but it's not a major event.
Positives
- The director's stock purchases may signal confidence in the company's future performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in the financial industry.
Stakeholder Impact
- The transactions may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 11/01/2024 | Purchase of 42.1577 shares through dividend reinvestment. |
| 11/04/2024 | Purchase of 120 shares of common stock. |
| 11/04/2024 | Date of Form 4 filing. |
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