4Filed Aug 4, 8:00 PM ET
First United (FUNC) Director Brian R. Boal Buys 73.6 Shares
$FUNC · FIRST UNITED CORP/MD/Research Summary
AI-generated summary of this SEC filing
First United (FUNC) Director Brian R. Boal Buys 73.6 Shares
What Happened
- Brian R. Boal, a director of First United Corp/MD (ticker: FUNC), acquired 73.591 shares on August 3, 2026. The shares were purchased at $45.84 per share for a total cost of approximately $3,373. The transaction is reported as a purchase (code P) and was effected through a dividend reinvestment program.
Key Details
- Transaction date and price: Aug 3, 2026 — 73.591 shares at $45.84 each.
- Total value: ~ $3,373.
- Purchase method / footnote: Acquired pursuant to a dividend reinvestment program through a brokerage account (Footnote F1).
- Filing: Form 4 filed Aug 5, 2026 (two days after the reported transaction), which appears timely under standard Form 4 reporting rules.
- Shares owned after transaction: Not specified in the provided filing.
Context
- This purchase was made via a dividend reinvestment program (DRIP), meaning dividends were automatically used to buy additional shares — a routine way for insiders to increase holdings incrementally. Such purchases are factual indicators of added exposure by the insider but do not, by themselves, prove future company performance.