Boal Brian R. 4
4 · FIRST UNITED CORP/MD/ · Filed May 5, 2026
Research Summary
AI-generated summary of this filing
FIRST UNITED (FUNC) Director Brian Boal Buys 78.48 Shares
What Happened
Brian R. Boal, a director of First United Corp/MD (FUNC), made a purchase of 78.48 shares on 2026-05-01 at $38.10 per share, totaling roughly $2,990. The acquisition was made through a dividend reinvestment program (DRIP), so this is a purchase rather than a sale.
Key Details
- Transaction date: 2026-05-01; Price: $38.10 per share.
- Shares acquired: 78.48; Approximate value: $2,990.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote: Purchased pursuant to a dividend reinvestment program through a brokerage account maintained by the reporting person (F1).
- Filing date: 2026-05-05; this appears to be filed within the Form 4 reporting window (timely).
Context
This was a small purchase via dividend reinvestment, a routine way insiders can increase holdings using dividends rather than a large, discretionary open-market buy. Such purchases are factual indicators of added exposure but, given the size and DRIP method, are generally viewed as routine rather than a major new investment signal.
Insider Transaction Report
Form 4
Boal Brian R.
Director
Transactions
- Purchase
Common Stock
[F1]2026-05-01$38.10/sh+78.48$2,990→ 20,917.408 total
Footnotes (1)
- [F1]The shares were purchased pursuant to a dividend reinvestment program offered through a brokerage account maintained by the reporting person.
Signature
/s/ Tonya K. Sturm, attorney-in-fact|2026-05-05