BROWN THOMAS CARLTON 4

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.