First Community (FCCO) Director Thomas Carlton Brown Receives 134-Share Award

What Happened

• Thomas Carlton Brown, a director of First Community Corporation (FCCO), was credited with 134 deferred stock units under the company's Non‑Employee Director Deferred Compensation Plan on September 30, 2026.
• The units were calculated using the consolidated closing bid price of $32.09, giving a notional value of approximately $4,300. This transaction is recorded as an award/grant (code A) rather than a purchase or sale.

Key Details

• Transaction date: 2026-09-30; Form 4 filed: 2026-10-01 (timely filing).
• Price used to compute units: $32.09 (consolidated closing bid).
• Units credited: 134 deferred stock units (plus 49 deferred units credited earlier in Q3 as dividend equivalents).
• Shares/units held after transaction: 10,235 deferred stock units under the Plan (per footnote), which will convert to one share of common stock per unit upon distribution.
• Footnotes: (F1) Units were credited as deferred compensation based on the director’s deferral election; (F2) deferred units receive dividend equivalents as additional units and convert one-for-one to shares on distribution.

Context

• These are deferred stock units (not immediate share purchases or sales). They represent compensation deferral and are routinely credited to non‑employee directors.
• Deferred stock units will result in issuance of common shares only when distributed under the Plan, so this transaction does not immediately increase tradable shares.