Been Jonathan W 4

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.