Sturm Tonya K. 4

What Happened

• Tonya K. Sturm, EVP & CFO of First United Corporation (FUNC), made a purchase of 2.815 shares on Feb 3, 2026 at $39.68 per share, totaling about $112. The transaction was a purchase (code P), executed through a dividend reinvestment/stock purchase process rather than a market buy for cash.

Key Details

• Transaction date and price: 2026-02-03, 2.815 shares at $39.68 each (total ≈ $112).
• Transaction type: Purchase (P) via dividend reinvestment program.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing/timeliness: Report filed 2026-02-05 for a 2026-02-03 transaction (timely; no late filing indicated).
• Footnotes:
  • F1: Purchase made pursuant to a dividend reinvestment program through the reporting person's brokerage account.
  • F2: "Amount includes 61.4678 shares acquired with reinvested dividends pursuant to the First United Corporation Dividend Reinvestment and Stock Purchase Plan since the date of the last report."
  • F3: "Amount includes 0.0396 shares acquired with reinvested dividends pursuant to the First United Corporation Dividend Reinvestment and Stock Purchase Plan since the date of the last report."

Context

• This small, automated purchase via the dividend reinvestment plan is routine for insiders who reinvest dividends to accumulate shares; it signals ongoing ownership but is not a large, discretionary buy. No options exercised, gifts, or 10b5-1 plan are indicated in this filing.