Been Jonathan W 4

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

AI-generated summary of this filing

Updated Apr 2, 2026

FIRST COMMUNITY (FCCO) Director Jonathan W. Been Receives Award

What Happened

Jonathan W. Been, a director of First Community Corp. (FCCO), was credited with 922 deferred stock units on March 31, 2026. The units were valued at the consolidated closing bid price of $29.17, totaling $26,895. This was a grant/credit under the company's non-employee director deferred compensation plan (a deferral of compensation), not an open-market purchase.

Key Details

Transaction date: March 31, 2026; filing date: April 2, 2026.
Transaction type/code: Award/Grant (A) — 922 deferred stock units at $29.17 each; total value $26,895.
Shares owned after transaction: Not specified in the filing.
Notable footnotes:
- F1: Units credited as compensation deferred for Q1 2026, calculated using the $29.17 closing bid on 3/31/2026.
- F2: Deferred stock units receive dividend equivalents as additional units; one-for-one issuance of shares upon distribution from the plan.
- F3–F5: The reporting person has voting/dispositive power over shares held in several trusts (Shiver Higbee Legacy Trust, Katherine Smith Been Trust, Jonathan W. Been, Jr. Trust).
Filing timeliness: Filed April 2, 2026; no late filing indicated in the report.

Context

Deferred stock units are a form of deferred compensation (not immediate share ownership). They convert to actual shares only upon distribution from the plan and include dividend-equivalent units. Such awards are routine director compensation and should be viewed as a deferral of pay rather than an independent bullish purchase signal.

Form 4

Period: 2026-03-31

Director

Transactions

Holdings

Footnotes (5)

[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 922 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 922 deferred stock units under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan (the "Plan"), including zero 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.
[F3]Shares are held by the Shiver Higbee Legacy Trust, of which the reporting person is trustee and has voting and dispositive power.
[F4]Shares are held by the Katherine Smith Been Trust, over which the reporting person has voting and dispositive power.
[F5]Shares are held by the Jonathan W. Been, Jr. Trust, over which the reporting person has voting and dispositive power.

Signature

/s/ D. SHAWN JORDAN BY POA FROM JON WILSON BEEN|2026-04-02

1 file