Rush Jason Barry 4
4 · FIRST UNITED CORP/MD/ · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
First United (FUNC) CEO Jason Rush Receives 502-Share Award
What Happened
- Jason B. Rush, President & CEO of First United Corp (FUNC), was issued 502 shares on March 16, 2026. The shares were issued at $0.00 as the settlement of time-vesting restricted stock units (RSUs) and reported on a Form 4 filed March 18, 2026. This is an award/issuance (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-16; Filing date: 2026-03-18 (Form 4).
- Transaction type/code: Award/Grant (A) — 502 shares issued at $0.00; reported total value $0.00 on the Form 4.
- Shares owned following the transaction: Not stated in the information provided in your request.
- Footnote: Shares were issued pursuant to time-vesting RSUs granted on March 15, 2023.
- Timeliness: Filed within two days of the transaction date per the provided dates (no late filing indicated).
Context
- These shares represent the vesting/settlement of previously granted, time-vesting RSUs (a common form of executive compensation). This is a compensation-related issuance rather than a market buy or sell; such awards align executive pay with company performance and retention but do not by themselves indicate an insider buying or selling in the open market.
Insider Transaction Report
Form 4
Rush Jason Barry
President & CEO
Transactions
- Award
Common Stock
[F1]2026-03-16+502→ 27,000.193 total
Footnotes (1)
- [F1]The shares were issued pursuant to time-vesting restricted stock units that were granted on March 15, 2023.
Signature
/s/ Jason B. Rush|2026-03-17