Jordan Donald Shawn 4

What Happened
Jordan Donald Shawn, EVP and Chief Financial Officer of First Community Corporation (FCCO), had 1,870 time‑based restricted stock units (RSUs) vest on February 21, 2026. The RSUs converted into 1,870 shares (reported as derivative exercise/conversion at $0.00). To satisfy tax withholding on the vesting, 929 shares were withheld and disposed at $30.62 per share for a withholding value of $28,446, leaving a net delivery of 941 shares to Mr. Shawn.

Key Details

• Transaction date: February 21, 2026 (filed on February 24, 2026).
• Conversion/exercise: 1,870 RSUs → 1,870 shares reported as acquired at $0.00.
• Tax withholding: 929 shares withheld/disposed at $30.62 each = $28,446.
• Net shares delivered to insider: 1,870 − 929 = 941 shares.
• Price paid for RSUs: $0.00 (RSUs were granted as compensation).
• Footnotes: RSUs were granted 2/21/2023 under the 2021 Omnibus Equity Incentive Plan and vested 2/21/2026; each RSU = one share. Additional scheduled cliff vesting: 2,212 RSUs on 2/20/2027 and 1,581 RSUs on 2/18/2028.
• Shares owned after transaction: not specified in the filing.
• Timeliness: Filed 3 days after the 2/21 transaction (filed 2/24/2026); Form 4s are generally due within two business days, so check business‑day count to confirm timeliness.

Context
This was a compensation-related vesting event (award), not an open‑market purchase or sale by intent. Withholding shares to cover taxes is a routine "sell‑to‑cover" type action and does not necessarily indicate a view on the company’s stock. The RSU conversion was reported as a derivative exercise/conversion (code M) with withholding reported as a disposition for tax purposes (code F).