Fisher Robert L. II 4

What Happened

• Fisher Robert L. II, Chief Revenue Officer of First United Corp (FUNC), surrendered 106 shares to the company on 2026-02-25 to satisfy tax withholding obligations related to vested time-based restricted stock units (RSUs). The withheld shares were valued at $35.42 each, for a total of $3,755.
• This was a tax-withholding transaction (code F), not an open-market sale or a purchase — a routine cashless withholding often used when RSUs vest.

Key Details

• Transaction date and price: 2026-02-25, 106 shares at $35.42 each.
• Total value of shares surrendered: $3,755 (approx).
• Shares owned after transaction: Not specified in the filing.
• Footnote: The shares were surrendered to satisfy tax withholding on time-vesting RSUs granted on February 25, 2025; the withholding was permitted by the award agreement and approved by the Compensation Committee.
• Filing timeliness: Report filed 2026-02-26 for a 2026-02-25 transaction — appears timely (no late filing flag).

Context

• This was a routine cashless withholding to cover taxes when RSUs vested; such transactions are administrative and do not necessarily indicate the insider's view on the company's stock.
• For retail investors, purchases or open-market sales by insiders can be more informative about sentiment than routine tax-withholding surrenders.