Sturm Tonya K. 4

What Happened
Tonya K. Sturm, EVP & Chief Financial Officer of First United Corp (FUNC), surrendered 89 shares on 2026-02-25 at $35.42 per share (total value $3,152). The shares were disposed to satisfy tax withholding obligations tied to the vesting of time-based restricted stock units (RSUs).

Key Details

• Transaction date: 2026-02-25; Price: $35.42; Total value: $3,152.
• Transaction code: F (shares surrendered to cover tax withholding).
• Footnote: The shares were surrendered to the issuer to satisfy tax withholding for RSUs granted on 2025-02-25, as permitted by the award agreement and approved by the Compensation Committee (see F1).
• Shares owned after the transaction: not specified in the excerpt provided.
• Filing date: 2026-02-26 — appears timely (filed one day after the transaction).

Context
This was an administrative tax-withholding transaction related to vested RSUs, not an open-market sale or a new purchase. Such surrenders are routine and typically reflect tax obligations rather than a change in the insider’s view on the company.