Form 4: First United Corp Executive Keith Sanders Reports Stock Transactions
SEC Form 4 Filing
Keith Sanders, SVP & Sr. Trust Officer of First United Corp, reports acquisition and disposal of common stock related to vesting of restricted stock units.
Summary
- On March 17, 2025, Keith Sanders, SVP & Sr. Trust Officer of First United Corp, reported transactions involving the company's common stock.
- Sanders acquired 420 shares of common stock at $0 per share due to the vesting of restricted stock units (RSUs) granted on March 15, 2023.
- He also disposed of 139 shares at $30.1 per share to cover tax withholding obligations associated with the RSU vesting.
- Following these transactions, Sanders beneficially owns 14,652.8195 shares of First United Corp common stock.
Sentiment
Score: 5
Explanation: The document reflects standard insider trading activity related to compensation and tax obligations, with no indication of unusual or concerning behavior.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/15/2023 | Date of grant for time-vesting restricted stock units (RSUs). |
| 03/17/2025 | Date of transaction: Acquisition of 420 shares via RSU vesting and disposal of 139 shares for tax withholding. |
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