REYNOLDS E. LELAND 4
Research Summary
AI-generated summary
First Community (FCCO) Director Reynolds Leland Receives 211 Deferred Stock Units
What Happened
- Reynolds E. Leland, a director of First Community Corp (FCCO), was credited with 211 deferred stock units (DSUs) on June 30, 2026.
- The DSUs were calculated using the consolidated closing bid price of $32.67, valuing the award at $6,893. This was an award/acquisition via a compensation deferral election, not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-06-30 at $32.67 per share (consolidated closing bid price).
- Shares/units received: 211 deferred stock units; value ≈ $6,893.
- Shares/units held after transaction: Reporting person holds 2,551 deferred stock units under the plan (this total includes 13 DSUs credited as dividend equivalents during Q2 2026).
- Footnotes: F1 — 211 DSUs credited as part of the director’s elected deferral for Q2 2026. F2 — DSUs earn dividend equivalents (paid as additional DSUs) and will convert to one-for-one shares upon distribution from the plan.
- Filing timeliness: No late filing indicated.
Context
- These DSUs represent deferred compensation and do not represent immediate open-market buying or selling; shares will be issued on a one-for-one basis when distributions are made from the plan.
- Because this is a compensation deferral (an award/acquisition), it should be viewed as routine director compensation administration rather than a direct signal of personal buying or selling intent.