Rush Jason Barry 4

What Happened
Jason Rush, President & CEO of First United Corporation (FUNC), was granted 1,252 restricted stock units (RSUs) on March 6, 2026. The award was recorded at $0.00 (no cash paid). The RSUs represent the contingent right to receive one share of common stock per RSU; they do not convert to shares until they vest.

Key Details

• Transaction date: 2026-03-06 (Form 4 filed 2026-03-10) — filing appears timely.
• Transaction type/code: Award/Grant (A).
• Amount: 1,252 RSUs; price reported $0.00 (acquisition via award).
• Vesting: RSUs vest ratably over three years beginning March 6, 2027, contingent on continued employment (see footnote F1).
• Shares owned after transaction: Not specified in the provided filing details.
• No immediate sale or tax-withholding event reported.

Context
RSUs are a common form of equity compensation: they represent the right to receive shares in the future if vesting conditions are met. This grant is an award, not a market purchase or sale, and does not by itself indicate current buying or selling activity. For retail investors, note that the economic benefit depends on future vesting and the company’s stock price at vesting.