First Community (FCCO) Director Jonathan W. Been Sells 14,800 Shares
$FCCO · FIRST COMMUNITY CORP /SC/Research Summary
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First Community (FCCO) Director Jonathan W. Been Sells 14,800 Shares
What Happened Jonathan W. Been, a director of First Community Corporation (NASDAQ: FCCO), sold 14,800 shares in an open-market transaction on September 3, 2026. The shares were disposed at a weighted average price of $34.05, producing gross proceeds of approximately $503,940. This was a sale (S) — common insider selling that can reflect personal liquidity needs and does not by itself indicate a change in company outlook.
Key Details
- Transaction date: 2026-09-03
- Filing date (Form 4): 2026-09-04 (filed the next day — timely)
- Transaction type/code: Open-market sale (S)
- Shares sold: 14,800
- Price: Weighted average $34.05; reported price range $33.77–$34.19 (Footnote F1)
- Gross proceeds: $503,940
- Shares owned after transaction: Not specified in the provided filing excerpt
- Notable footnote (F2): The filing notes inclusion of 1,067 deferred stock units under the company’s Non-Employee Director Deferred Compensation Plan. Those units receive dividend equivalents as additional deferred units and convert one-for-one into shares on distribution.
- No 10b5‑1 trading plan or late-filing flag was noted in the disclosed details.
Context Insider sales by non-employee directors are common for diversification, tax, or personal-liquidity reasons; purchases are generally considered a stronger signal of insider conviction. This report is factual disclosure of a routine open-market sale of roughly $504k and should be considered alongside other insider activity and company fundamentals.