DiPietro Christy 4
4 · FIRST UNITED CORP/MD/ · Filed May 29, 2026
Research Summary
AI-generated summary of this filing
First United (FUNC) Director Christy DiPietro Receives 1,395-Share Award
What Happened Christy DiPietro, a director of First United Corp/MD (FUNC), was reported to have acquired 1,395 shares as an award/grant on May 27, 2026. The filing shows the shares were acquired at $0.00 (total reported value $0), indicating an equity award or similar compensation rather than a market purchase or sale.
Key Details
- Transaction date: 2026-05-27; Form 4 filed: 2026-05-29 (appears timely — within the usual two-business-day reporting window).
- Transaction type/code: A (Grant, award or other acquisition).
- Shares acquired: 1,395 at $0.00 per share (total reported value $0).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes/plan details: None provided in the excerpt (filing does not specify vesting, restrictions, or tax withholding).
Context An "A" code award usually reflects compensation (e.g., restricted stock or similar equity grants) rather than an open-market purchase — such awards are common for directors and do not necessarily indicate the insider bought shares with personal funds. Because this transaction shows acquisition at no cash cost, it should be viewed as compensation-related rather than a direct bullish investment signal.
Insider Transaction Report
- Award
Common Stock
2026-05-27+1,395→ 16,684 total