Peterson Julie W 4

What Happened
Julie W. Peterson, SVP & Chief Credit Officer of First United Corporation (FUNC), received a grant of 651 restricted stock units (RSUs) reported on a Form 4 dated 2026-03-10 for a transaction dated 2026-03-06. The RSUs are listed at $0.00 (code A — award/grant), meaning no cash purchase was made now; the award represents the contingent right to receive one share per RSU upon vesting.

Key Details

• Transaction date: 2026-03-06; Form 4 filed: 2026-03-10.
• Transaction type/code: Award/Grant (A). Shares/units: 651; reported price: $0.00.
• Shares owned after transaction: not specified in the provided filing extract.
• Footnote: RSUs vest ratably over three years beginning March 6, 2027, only if Peterson remains employed on each vesting date.
• No late-filing flag was indicated in the information provided.

Context
RSUs are a form of equity compensation that convert to actual shares only when they vest; they do not reflect an immediate open-market purchase or sale. Such grants are common as part of executive compensation and are not, by themselves, a definitive bullish or bearish signal about the insider’s view of the stock.