Deutsch Fred Joseph 4

What Happened

• Fred Joseph Deutsch, Executive Vice President and Director of First Community Corporation (FCCO), was credited with 28,468 shares on Jan 8, 2026. That total consists of 25,968 shares received in connection with the merger of Signature Bank of Georgia into First Community and a grant of 2,500 restricted shares under the company's 2021 Omnibus Equity Incentive Plan. Both items are reported as acquired at $0 per share (total reported value $0).

Key Details

• Transaction date: January 8, 2026.
• Items reported: 25,968 merger-converted shares; 2,500 restricted stock award.
• Price: $0.00 per share (report shows no cash paid for these shares).
• Merger conversion: each Signature Bank of Georgia share converted into 0.6410 shares of First Community common stock; cash paid for fractional shares. (Footnote F1)
• Restricted award: 2,500 shares granted under the 2021 Omnibus Equity Incentive Plan that cliff vest on January 8, 2029. (Footnote F3)
• Ownership note: filing indicates 5,258 shares are held jointly with Mr. Deutsch's spouse. (Footnote F2)
• Filing timing: Form 4 filed Feb 2, 2026 reporting the Jan 8 transaction (filed 25 days after the transaction date).

Context

• The 25,968-share component is a conversion of previously held Signature Bank of Georgia shares as part of the merger, not an open-market purchase or sale. The 2,500-share item is a time-based restricted stock award (long-term compensation) that will cliff vest in three years; such awards are typically retention/compensation, not immediate market purchases.
• Because these were acquisition/award items reported at $0, they do not represent a cash investment by the insider and should not be read as a direct bullish market purchase. The late filing may delay public visibility of the transaction for investors.