Been Jonathan W 4

What Happened

• Jonathan W. Been, a director of First Community Corporation (FCCO), was credited with 140 deferred stock units on June 30, 2026. The units were valued at $32.67 each, for a total reported value of $4,574. This was an acquisition via a compensation deferral (award), not an open-market purchase.

Key Details

• Transaction date and price: 2026-06-30; 140 units credited at a consolidated closing bid price of $32.67 per share.
• Reported ownership after transaction: the filing reports 1,067 deferred stock units under the company’s Non-Employee Director Deferred Compensation Plan. The 140-unit credit reflects Been’s Q2 2026 deferral; the filing also notes 5 units were credited as dividend equivalents during Q2.
• Footnotes: (1) Units were credited under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan based on the amount deferred divided by the closing bid price. (2) Deferred stock units receive dividend equivalents as additional deferred units and will be settled one-for-one in shares upon distribution from the Plan.
• Timeliness: The Form 4 was filed on July 2, 2026 for a June 30 transaction; the filing does not indicate lateness.

Context

• This transaction reflects a director electing to defer cash compensation into deferred stock units under the company’s director deferred compensation plan. Deferred stock units are not immediately tradable shares; they are an accounting/unit credit that will convert to shares upon plan distribution and receive dividend equivalents as additional units. Such deferrals are routine compensation elections and do not directly indicate a buy/sell market signal.