Jordan Donald Shawn 4
4 · FIRST COMMUNITY CORP /SC/ · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
First Community (FCCO) EVP/CFO Jordan Donald Shawn Receives Award
What Happened
- Jordan Donald Shawn, Executive Vice President and Chief Financial Officer of First Community Corporation (FCCO), had performance-based restricted stock units (RSUs) settle on Feb 24, 2026. He acquired 4,074 shares upon settlement (no cash paid). To cover tax obligations, 1,968 of those shares were withheld/sold at $29.43 each for proceeds of $57,918. The filing also shows an additional 1,435 restricted stock units recorded as derivative awards (no cash paid) that have future vesting.
Key Details
- Transaction date: 2026-02-24; Form filed: 2026-02-26 (appears timely).
- Shares acquired on settlement: 4,074 shares @ $0.00 (performance-based RSUs).
- Shares withheld/disposed for taxes: 1,968 shares @ $29.43 = $57,918 (code F: tax withholding).
- Additional derivative award: 1,435 restricted stock units credited @ $0.00 (will vest in future).
- Shares owned after transaction: not reported in this Form 4.
- Relevant footnotes: RSUs were granted Feb 21, 2023 and vested upon achievement of performance goals; reporting person paid no purchase price for the performance RSUs; shares were withheld to satisfy tax withholding; RSUs represent contingent rights to common stock and have scheduled cliff vesting (examples noted: 2,212 cliff vest 2/20/27; 1,581 on 2/18/28; 1,435 on 2/24/29).
Context
- This was a compensation settlement (performance-based RSUs vesting) and routine tax-withholding sale — not an open-market purchase or a voluntary sell motivated by personal trading strategy. The derivative RSUs are contingent rights to future shares (cliff vesting dates noted), so part of the reported entries reflect future vesting schedules rather than immediate market transactions.
Insider Transaction Report
Form 4
Jordan Donald Shawn
EVP and CFO
Transactions
- Award
Common Stock
[F1][F2]2026-02-24+4,074→ 12,873 total - Tax Payment
Common Stock
[F3]2026-02-24$29.43/sh−1,968$57,918→ 10,905 total - Award
Restricted Stock Units
[F4][F5][F6]2026-02-24+1,435→ 5,228 total→ Common Stock (1,435 underlying)
Footnotes (6)
- [F1]Shares delivered to the reporting person pursuant to vesting of performance-based restricted stock units, which were granted to the reporting person on February 21, 2023, under the First Community Corporation 2021 Omnibus Equity Incentive Plan and vested upon achievement of performance goals for the applicable performance period.
- [F2]The performance-based restricted stock units were granted under the Plan, and therefore the reporting person paid no price for the performance-based restricted stock units.
- [F3]Shares withheld for taxes upon the settlement in shares of the performance-based restricted stock units previously granted to the reporting person.
- [F4]Each restricted stock unit represents a contingent right to receive one share of First Community Corporation (FCCO) common stock.
- [F5]The restricted stock units cliff vest on February 24, 2029, at which time the vested shares will be delivered to the reporting person.
- [F6]2,212 restricted stock units cliff vest on February 20, 2027, at which time the vested shares will be delivered to the reporting person; 1,581 restricted stock units cliff vest on February 18, 2028, at which time the vested shares will be delivered to the reporting person; and 1,435 restricted stock units cliff vest on February 24, 2029, at which time the vested shares will be delivered to the reporting person.
Signature
/s/ D. SHAWN JORDAN|2026-02-26