FIRST COMMUNITY CORP /SC/·4

Feb 26, 4:26 PM ET

Brown, Robin D. 4

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First Community (FCCO) EVP Robin Brown Receives Award, Sells Shares

What Happened
Robin D. Brown, Executive VP of HR & Marketing at First Community Corporation (FCCO), received 3,784 shares upon vesting of performance-based restricted stock units on Feb 24, 2026. Concurrently, 1,661 shares were disposed at $29.43 each (proceeds ~$48,883) to satisfy tax withholding. In addition, 1,353 restricted stock units were recorded as a derivative award (no cash paid).

Key Details

  • Transaction date: 2026-02-24. Disposal price: $29.43 per share; proceeds reported $48,883. Acquisitions recorded at $0 (performance RSUs; no purchase price).
  • Nature of transactions: A = award/settlement of performance RSUs; M = conversion/settlement resulting in shares disposed (used here for tax withholding).
  • Footnotes of note:
    • F1/F2: The delivered shares were performance-based RSUs granted Feb 21, 2023; reporting person paid no cash for those units.
    • F3: The 1,661-share disposition represents shares withheld/sold to cover taxes upon settlement.
    • F4–F6: Each RSU is a contingent right to one share; some RSUs have future cliff-vesting dates (e.g., 2,062 RSUs vest 2/20/2027; 1,490 on 2/18/2028; 1,353 on 2/24/2029).
  • Shares owned after the transaction: not specified in the filing.
  • Filing timeliness: filing covers period ending 2026-02-24 and was filed 2026-02-26 (no late filing indicated).

Context
This filing reflects routine settlement of performance-based RSUs and the customary withholding/sale of shares to cover taxes (a common practice when equity awards vest). The disposed shares were not an open-market sell for investment purposes but part of the tax-withholding process tied to the RSU settlement.