Chadha Sanu 4
4 · FIRST UNITED CORP/MD/ · Filed May 29, 2026
Research Summary
AI-generated summary of this filing
First United (FUNC) Director Chadha Sanu Receives 1,263-Share Award
What Happened
Chadha Sanu, a director of First United Corp/MD (FUNC), was granted 1,263 shares on 2026-05-27. The Form 4 reports the acquisition as an award/grant (transaction code A) at $0.00 per share, indicating no cash was exchanged for the shares. This is a share award (compensation/grant), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-27; Form 4 filed: 2026-05-29 (timely filing).
- Transaction type/code: Award/Grant (A).
- Shares acquired: 1,263; Per-share price reported: $0.00; Total reported value: $0.
- Shares owned after transaction: not specified in the provided filing.
- Footnotes/notable items: none provided in the summary data; vesting or restrictions (if any) are not reported here.
Context
Awarded shares to directors are commonly part of compensation or equity-alignment programs and may be subject to vesting or transfer restrictions—details would appear in the full Form 4 or proxy/compensation disclosure. Because this was an award (not a purchase or sale), it should be viewed as compensation-related rather than a direct market-confidence signal.
Insider Transaction Report
- Award
Common Stock
2026-05-27+1,263→ 9,862 total