REYNOLDS E. LELAND 4
4 · FIRST COMMUNITY CORP /SC/ · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
First Community (FCCO) Director Reynolds Leland Receives Stock Award
What Happened
- Reynolds E. Leland, a director of First Community Corp (/SC/) (FCCO), was credited with 912 deferred stock units on March 31, 2026. The units were valued using the consolidated closing bid price of $29.17, for an economic value of approximately $26,603. This was not a cash purchase or open-market sale but an award/acquisition under the company's non-employee director deferred compensation plan.
Key Details
- Transaction date and price: March 31, 2026; price used $29.17 per share.
- Units credited: 912 deferred stock units (Transaction code: A — award/acquisition).
- Reported value: ~$26,603 (912 × $29.17).
- Shares/units held after transaction: 2,327 deferred stock units held under the Plan (this total includes the 912 units credited and 8 units credited as dividend equivalents in Q1 2026).
- Footnotes: Deferred stock units accrue dividend equivalents as additional deferred units; shares of common stock will be issued one-for-one upon distribution from the Plan.
- Filing: Form 4 filed April 2, 2026 (covering the March 31, 2026 transaction); no late filing flag indicated.
Context
- These deferred stock units reflect deferred director compensation (routine, non-market trading). They do not represent immediate common shares but will convert to shares upon distribution under the Plan. This is an award/accrual rather than a buy or sell signal.
Insider Transaction Report
Form 4
REYNOLDS E. LELAND
Director
Transactions
- Award
Common Stock
[F1][F2]2026-03-31$29.17/sh+912$26,603→ 32,583 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 912 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 2,327 deferred stock units under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan (the "Plan"), including 8 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