Walker Jack W. 4

What Happened

• Jack W. Walker, EVP and Chief Credit Officer of First Community Corporation (FCCO), received a vesting of performance-based restricted stock units (RSUs) on Feb 24, 2026: 3,220 shares were delivered upon achievement of performance goals (acquired at $0.00). To cover tax withholding, 1,116 of those shares were withheld/disposed at $29.43 each, totaling $32,844. In addition, Walker was granted 1,250 restricted stock units (derivative RSUs) at $0.00 that vest in the future.

Key Details

• Transaction dates: Feb 24, 2026 (reported filed Feb 26, 2026).
• Grants/Acquisitions: 3,220 RSUs vested and were settled in shares (acquisition at $0.00 per F2). Additional grant: 1,250 RSUs (derivative) at $0.00.
• Tax withholding: 1,116 shares withheld/disposed at $29.43 for tax liability, proceeds ≈ $32,844 (transaction code F for tax withholding).
• Net shares delivered at settlement: 3,220 vested − 1,116 withheld = 2,104 shares retained by Walker (calculated from items reported).
• Shares owned after transaction: Not specified in the provided filing details.
• Notable footnotes: The vested RSUs were performance-based awards granted Feb 21, 2023 and vested upon achievement of performance goals (F1–F3). Each RSU equals one share (F4). Future cliff-vesting schedule described in filing for additional RSUs (F5–F6).
• Timeliness: Filing dated Feb 26, 2026 for a Feb 24, 2026 event—filed within the typical two-business-day Form 4 window.

Context

• This was not an open-market purchase or option exercise for cash: it reflects settlement of performance-based RSUs and a related tax withholding in shares (common practice when awards vest). Awarded RSUs were granted at no cash cost to the insider; the disposal recorded was solely to satisfy tax withholding.