Form 4: First United Corp Director Rodeheaver Reports Stock Purchases and Dividend Reinvestments

Sentiment:

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

DateDescription
11/01/2024Purchase of 42.1577 shares through dividend reinvestment.
11/04/2024Purchase of 120 shares of common stock.
11/04/2024Date of Form 4 filing.

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