Form 4: First United Corp Executive Reports Stock Transactions
SEC Form 4 Filing
Robert L. Fisher II, SVP & Chief Revenue Officer of First United Corp, reports acquisition and disposal of common stock related to vesting restricted stock units.
Summary
- On March 10, 2025, Robert L. Fisher II, SVP & Chief Revenue Officer of First United Corp, reported transactions involving the company's common stock.
- Fisher acquired 428 shares of common stock upon the vesting of restricted stock units at a price of $0.
- Simultaneously, Fisher disposed of 165 shares to cover tax withholding obligations at a price of $32.41 per share.
- Following these transactions, Fisher beneficially owns 13,198 shares of First United Corp.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they relate to executive compensation and do not represent a significant change in ownership.
Key Dates
| Date | Description |
|---|---|
| March 9, 2022 | Date of grant for the time-vesting restricted stock units. |
| 03/10/2025 | Date of stock transactions (acquisition and disposal). |
| 03/11/2025 | Date of signature for the Form 4 filing. |
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