FIRST UNITED CORP/MD/·4

Feb 20, 4:31 PM ET

Tasker Anthony James 4

4 · FIRST UNITED CORP/MD/ · Filed Feb 20, 2026

Research Summary

AI-generated summary of this filing

Updated

First United (FUNC) SVP/COO Anthony Tasker Sells Fractional Shares

What Happened

  • Anthony Tasker, Senior Vice President & COO of First United Corporation (FUNC), reported a sale of 0.846 shares on Feb 4, 2026. The shares were sold at $39.15 per share for proceeds of about $33. This was a sale (S) of a fractional share that occurred automatically in connection with the reporting person's inadvertent termination of participation in the company's Dividend Reinvestment and Stock Purchase Plan (DRSPP).

Key Details

  • Transaction date and price: Feb 4, 2026 — 0.846 shares at $39.15 per share (≈ $33).
  • Shares owned after transaction: Not specified in the filing.
  • Footnotes: F1 — the fractional share was automatically sold due to inadvertent termination of DRSPP participation. F2 — the filing also notes the reporting person acquired 2 shares via the DRSPP since the last report.
  • Filing timeliness: Form 4 was filed Feb 20, 2026 (the transaction occurred Feb 4), which is later than the typical two-business-day filing window for insider trades.

Context

  • This was a routine plan-related automatic sale of a fractional share, not a large open-market divestiture. Such fractional-share sales tied to DRSPP changes are administrative and the proceeds here are minimal ($33), so they generally carry limited informational value about the insider’s view of the company. The filing also notes two shares were acquired through the DRSPP since the last report.

Insider Transaction Report

Form 4
Period: 2026-02-04
Transactions
  • Sale

    Common Stock

    [F1][F2]
    2026-02-04$39.15/sh+0.846$33334 total
Footnotes (2)
  • [F1]The fraction of a share was automatically sold in connection with the reporting person's inadvertent termination of his participation in the First United Corporation Dividend Reinvestment and Stock Purchase Plan (the "DRSPP").
  • [F2]Amount includes 2 shares of common stock acquired pursuant to the First United Corporation Dividend Reinvestment and Stock Purchase Plan since the date of the last report.
Signature
/s/ Anthony J. Tasker|2026-02-20

Documents

1 file
  • 4
    primary_doc.xmlPrimary

    PRIMARY DOCUMENT