Boal Brian R. 4
4 · FIRST UNITED CORP/MD/ · Filed Feb 5, 2026
Research Summary
AI-generated summary of this filing
First United (FUNC) Director Brian R. Boal Buys 75 Shares
What Happened
- Brian R. Boal, a director of First United Corp (ticker: FUNC), purchased 74.865 shares on Feb 3, 2026. The shares were bought at $39.68 each for a total of about $2,971. This was a purchase (acquisition), not a sale.
Key Details
- Transaction date and price: Feb 3, 2026 — 74.865 shares at $39.68 per share.
- Total value: approximately $2,971.
- Shares owned after transaction: not specified in the filing.
- Footnote: the shares were acquired through a dividend reinvestment program via a brokerage account maintained by the reporting person.
- Filing timeliness: reported on Feb 5, 2026 (filed two days after the transaction), which appears to be timely for Form 4 reporting.
Context
- This was a small open-market-style purchase via dividend reinvestment, a common way insiders increase holdings incrementally when dividends are paid. Purchases are generally more informative than routine sales, but the filing does not disclose any change in total holdings or signal motive.
Insider Transaction Report
Form 4
Boal Brian R.
Director
Transactions
- Purchase
Common Stock
[F1]2026-02-03$39.68/sh+74.865$2,971→ 20,838.928 total
Footnotes (1)
- [F1]The shares were purchased pursuant to a dividend reinvestment program offered through a brokerage account maintained by the reporting person.
Signature
/s/ Tonya K. Sturm, attorney-in-fact|2026-02-04