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FIRST UNITED CORP/MD/·4

May 29, 10:41 AM ET

Walls H Andrew III 4

Research Summary

AI-generated summary

Updated

FIRST UNITED (FUNC) Director H. Andrew Walls III Receives Award

What Happened
H. Andrew Walls III, a director of First United Corp./MD (FUNC), was reported to have acquired 1,000 shares as an award/grant on 2026-05-27. The Form 4 lists an acquisition price of $0.00 (total reported value $0), which typically indicates a compensatory award rather than an open-market purchase.

Key Details

  • Transaction date: 2026-05-27; Form 4 filed: 2026-05-29.
  • Transaction type/code: Award/Grant (A) — 1,000 shares acquired at $0.00.
  • Reported dollar value on Form 4: $0 (acquisition price $0.00).
  • Shares owned after transaction: not specified in the provided excerpt.
  • No footnotes or 10b5-1 / tax-withholding details were provided in the excerpt.
  • Filing timeliness: filed two days after the transaction (no late-filing flag shown in the provided data).

Context
Awards reported at $0.00 are commonly restricted stock units, performance shares, or other compensatory grants that may vest over time; they are part of director or executive compensation and do not necessarily indicate a buy or sell signal by the insider.