Sanders Keith 4/A
4/A · FIRST UNITED CORP/MD/ · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
FIRST UNITED (FUNC) EVP Keith Sanders Surrenders 120 Shares for Taxes
What Happened
- Keith Sanders, EVP & Chief Wealth Officer of First United Corp (FUNC), surrendered 120 shares on 2026-05-20 to satisfy tax withholding obligations tied to time-vesting restricted stock units. The shares were valued at $36.88 each for a total of $4,426. This filing is an amendment to correct the transaction date in the original Form 4.
Key Details
- Transaction date: 2026-05-20 (amended filing corrects this per footnote F1)
- Price per share: $36.88; total value surrendered: $4,426
- Transaction code: F (payment of tax liability / tax withholding)
- Shares owned after transaction: not specified in this filing
- Footnote F2: Shares were surrendered to the issuer to satisfy withholding on RSUs granted May 20, 2024, as permitted by the award agreement and approved by the Compensation Committee
- Filing status: Amended Form 4 filed 2026-05-21 to correct the transaction date (not listed as late beyond the amendment)
Context
- This was a tax-withholding surrender related to vested RSUs, not an open-market sale or purchase; such transfers are routine and are used to cover withholding obligations rather than signal trading intent.
Insider Transaction Report
Form 4/AAmended
Sanders Keith
EVP & Chief Wealth Officer
Transactions
- Tax Payment
Common Stock
[F1][F2]2026-05-20$36.88/sh−120$4,426→ 15,341.82 total
Footnotes (2)
- [F1]This amendment on Form 4/A is being filed to correct the transaction date that was stated in the Form 4 to which this amendment relates.
- [F2]The shares were surrendered to the issuer in satisfaction of the tax withholding obligations associated with the vesting of time-vesting restricted stock units that were granted on May 20, 2024 as permitted by the related award agreement and approved by the issuer's Compensation Committee.
Signature
/s/ Keith R. Sanders|2026-05-21