FIRST COMMUNITY CORP /SC/·4

Apr 2, 4:29 PM ET

BROWN THOMAS CARLTON 4

4 · FIRST COMMUNITY CORP /SC/ · Filed Apr 2, 2026

Research Summary

AI-generated summary of this filing

Updated

FIRST COMMUNITY (FCCO) Director Thomas Brown Receives 1,004 Deferred Shares

What Happened

  • Director Thomas Brown was credited with 1,004 deferred stock units on March 31, 2026, valued at $29.17 each, for a total of $29,287. This was an award/acquisition of deferred stock units as part of the First Community Corporation Amended and Restated Non‑Employee Director Deferred Compensation Plan — a routine deferral of director compensation, not an open‑market purchase or sale.

Key Details

  • Transaction date: March 31, 2026; filing date: April 2, 2026 (Form 4 accession 0000932781-26-000034).
  • Price used to compute units: consolidated closing bid $29.17 on March 31, 2026.
  • Units credited: 1,004 deferred stock units (value ≈ $29,287).
  • Shares/units reported after transaction: the filing discloses 9,827 deferred stock units held under the Plan (this figure includes 48 units credited as dividend equivalents during Q1 2026).
  • Footnotes: (1) Units were credited based on compensation deferred during Q1 2026 divided by the $29.17 closing price. (2) Deferred stock units receive dividend equivalents (additional deferred units) and will be converted one‑for‑one into shares upon distribution from the Plan.
  • Timeliness: No late‑filing flag indicated.

Context

  • Deferred stock units are a form of compensation deferral: they track share value and dividend equivalents but are not currently tradable shares. They will be exchanged for actual First Community common stock on a one‑for‑one basis when distributed under the Plan. This transaction is routine compensation deferral and does not indicate an open‑market buy or sell.

Insider Transaction Report

Form 4
Period: 2026-03-31
Transactions
  • Award

    Common Stock

    [F1][F2]
    2026-03-31$29.17/sh+1,004$29,28741,422 total
Footnotes (2)
  • [F1]The reporting person has elected to defer compensation in the form of deferred stock units under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan (the "Plan"). Pursuant to the terms of the Plan, the reporting person was credited with 1,004 deferred stock units, based on the amount of compensation deferred by the reporting person under the Plan during the first quarter of 2026 divided by the First Community Corporation common stock consolidated closing bid price of $29.17 on March 31, 2026.
  • [F2]Includes 9,827 deferred stock units under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan (the "Plan"), including 48 deferred stock units credited pursuant to the terms of the Plan as dividend equivalents during the first quarter of 2026. Deferred stock units under the Plan receive dividend equivalents in the form of additional deferred stock units, and shares of First Community Corporation common stock will be issued on a one-for-one basis in respect of deferred stock units upon a distribution from the Plan.
Signature
/s/ D. SHAWN JORDAN, AS ATTORNEY-IN-FACT|2026-04-02

Documents

1 file
  • 4
    primary_doc.xmlPrimary

    PRIMARY DOCUMENT