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

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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.