FIRST COMMUNITY CORP /SC/·4

Jul 2, 6:26 PM ET

BROWN THOMAS CARLTON 4

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

Research Summary

AI-generated summary of this filing

Updated

First Community (FCCO) Director Thomas Carlton Brown Receives 172 Shares

What Happened

  • Thomas Carlton Brown, a director of First Community Corporation (FCCO), was credited with 172 deferred stock units on June 30, 2026. The units were calculated using the company's consolidated closing bid price of $32.67, giving the award a notional value of $5,619. This transaction is an award/acquisition under the company’s non-employee director deferred compensation plan (not an open-market purchase).

Key Details

  • Transaction date: 2026-06-30; Filing date: 2026-07-02 (Form 4 for period ending 2026-06-30).
  • Transaction type/code: Award/Grant (A) — 172 deferred stock units at $32.67 each = $5,619.
  • Shares/units held after transaction: 10,052 deferred stock units under the Plan (this total includes the 172 credited here).
  • Notable footnotes:
    • The 172 units were credited as a deferral of director compensation under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan.
    • Deferred stock units receive dividend equivalents as additional units (53 units credited as dividend equivalents during Q2 2026).
    • Deferred stock units convert to actual shares on a one-for-one basis upon distribution from the Plan.
  • Timeliness: Filing appears on July 2, 2026 for the reporting period ending June 30, 2026; no late-filing indication is shown.

Context

  • Deferred stock units are a form of deferred compensation and are not immediately tradable shares; they represent a future right to receive common stock (one-for-one upon distribution). Such awards reflect compensation choices (deferral of pay) rather than an open-market buy or sell that signals an insider’s current market view.

Insider Transaction Report

Form 4
Period: 2026-06-30
Transactions
  • Award

    Common Stock

    [F1][F2]
    2026-06-30$32.67/sh+172$5,61941,647 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 172 deferred stock units, based on the amount of compensation deferred by the reporting person under the Plan during the second quarter of 2026 divided by the First Community Corporation common stock consolidated closing bid price of $32.67 on June 30, 2026.
  • [F2]Includes 10,052 deferred stock units under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan (the "Plan"), including 53 deferred stock units credited pursuant to the terms of the Plan as dividend equivalents during the second 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|2026-07-02

Documents

1 file
  • 4
    primary_doc.xmlPrimary

    PRIMARY DOCUMENT