Donley Sarah 4
Research Summary
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First Community (FCCO) EVP Sarah Donley Receives RSU Award
What Happened Sarah Donley, EVP/COO/CRO of First Community Corporation (FCCO), was granted 1,000 restricted stock units (RSUs) on February 24, 2026. The reported acquisition price is $0.00 (transaction code A — award/grant), so the immediate cash value recorded on the Form 4 is $0; the actual value will depend on FCCO’s share price when/if the RSUs vest and are settled.
Key Details
- Transaction date: 2026-02-24; Form 4 filed 2026-02-26 (appears timely; Form 4 is due within 2 business days).
- Grant: 1,000 restricted stock units (RSUs) at $0.00 (derivative award).
- Vesting: RSUs cliff-vest on February 24, 2029; upon vesting, one share of FCCO common stock will be delivered per RSU (footnotes F1–F3).
- Shares owned after transaction: Not disclosed in this filing.
- Transaction code: A (award/grant) and treated as a derivative instrument until settlement.
Context RSU grants are a form of compensation, not an open-market purchase or sale, and typically reflect long-term incentive pay rather than an immediate trading signal. Because these RSUs cliff-vest in three years, any future value to Ms. Donley will depend on FCCO’s stock price at vesting and any subsequent delivery or sale of the underlying shares.