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FIRST UNITED CORP/MD/·4

Feb 5, 9:36 AM ET

Rush Jason Barry 4

Research Summary

AI-generated summary

Updated

First United (FUNC) CEO Jason Rush Buys Shares

What Happened

  • Jason Barry Rush, President & CEO of First United Corporation (FUNC), acquired 72.576 shares on 2026-02-03 at $39.68 per share, a total cost of about $2,880. The transaction is reported as a purchase (P).

Key Details

  • Transaction date and price: Feb 3, 2026 — 72.576 shares at $39.68 each (~$2,880).
  • Filing date: Form 4 filed Feb 5, 2026 covering the Feb 3 transaction (appears timely).
  • Shares owned after transaction: Not specified in the filing.
  • Footnotes:
    • F1: Shares were purchased pursuant to a dividend reinvestment program through a brokerage account maintained by the reporting person.
    • F2: Amount includes 84.8468 shares acquired with reinvested dividends pursuant to the First United Dividend Reinvestment and Stock Purchase Plan since the last report.

Context

  • This purchase was made through a dividend reinvestment plan (DRIP), which is a routine automatic way insiders can convert dividends into additional shares. Such transactions are common and reflect reinvestment of dividends rather than a discretionary open-market buy.