Sanders Keith 4

What Happened

• Keith Sanders, EVP & Chief Wealth Officer of First United Corp (FUNC), had 420 restricted stock units (RSUs vest) on 2026-03-16 (treated as an acquisition at $0.00 per share).
• To satisfy tax withholding on the vested RSUs, 141 shares were surrendered/disposed at $35.99 per share for a total withholding amount of $5,075.
• Net shares retained from the vesting: 420 acquired − 141 withheld = 279 shares.

Key Details

• Transaction date: 2026-03-16 (filed on 2026-03-18; filing appears timely under Form 4 rules).
• Acquisition: 420 shares @ $0.00 (award/vesting, code A). Tax withholding: 141 shares @ $35.99 (code F), total $5,075.
• Shares owned after transaction: not stated in the filing.
• Footnotes: F1 — shares issued pursuant to time-vesting RSUs granted Mar 15, 2023. F2 — 141 shares surrendered to satisfy tax withholding per the award agreement and Compensation Committee approval.
• Transaction codes: A = award/acquisition on vesting; F = shares surrendered for tax withholding (not an open-market sale).

Context

• This is a routine tax-withholding disposition tied to RSU vesting (common practice). It is not an open-market sale and does not, by itself, indicate insider sentiment about the stock.