REYNOLDS E. LELAND 4
Research Summary
AI-generated summary
First Community (FCCO) Director Reynolds Leland Buys 500 Shares
What Happened
Reynolds E. Leland, a director of First Community Corp (FCCO), acquired 500 shares in an open-market purchase on February 2, 2026. The shares were bought at $29.67 per share for a total transaction value of $14,835. This was a straightforward purchase (transaction code P), which is generally more informative to investors than routine sales.
Key Details
- Transaction date: 2026-02-02
- Transaction type: Open-market purchase (Code P)
- Shares acquired: 500 at $29.67 each; total value $14,835
- Shares owned following the transaction: Not specified in the supplied filing data
- Filing timeliness: Reported on 2026-02-02 (same date as the transaction), indicating a timely filing
- Footnote: Includes 1,407 deferred stock units held under the company’s Non-Employee Director Deferred Compensation Plan. These units accrue dividend equivalents (as additional deferred units) and will be converted one-for-one into shares upon distribution.
Context
This was a purchase rather than a sale. For retail investors, insider purchases can be a signal of confidence but are not proof of future performance; filings are factual records of transactions and do not state motivations.