FIRST COMMUNITY (FCCO) Director Reynolds Leland Receives Award

What Happened

• Reynolds E. Leland, a director of First Community Corp. (FCCO), was credited with 235 deferred stock units (DSUs) on 2026-09-30 under the First Community Corporation Amended and Restated Non‑Employee Director Deferred Compensation Plan.
• The DSUs were calculated using the consolidated closing bid price of $32.09 on 9/30/2026, valuing the grant at approximately $7,541. This is an award/deferred compensation credit (transaction code A), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-09-30; Filing date (Form 4): 2026-10-01 (appears timely under the 2‑business‑day rule).
• Price used for calculation: $32.09 (consolidated closing bid).
• Shares/units credited: 235 DSUs (value ≈ $7,541).
• Shares/units held after transaction: 2,798 deferred stock units in the Plan (includes 12 DSUs credited as dividend equivalents during Q3 2026).
• Footnotes: F1 explains the DSUs were credited as deferred compensation for Q3 2026; F2 notes DSUs receive dividend equivalents as additional DSUs and will be converted one‑for‑one into common shares upon distribution from the Plan.
• No indication of a sale, exercise, or 10b5‑1 plan; this is routine director compensation.

Context

• Deferred stock units are not immediate open‑market purchases/sales — they represent compensation that will convert to actual shares on distribution from the plan. Dividend equivalents were also credited (12 DSUs in Q3). Such awards are common for non‑employee directors and do not by themselves signal a buy or sell decision.