First Community Corp (FCCO) Form 4: Director Disposes of 1,679 Shares
Rhea-AI Filing Summary
First Community Corp (FCCO) director Todd Roderick M Jr reported sales of common stock on 09/11/2025. The filing shows two dispositions: 455 shares sold at $27.99 and 1,224 shares sold at $28, leaving the reporting person with 11,866 shares beneficially owned. The Form 4 is signed by an attorney-in-fact and lists the reporter as a director.
Positive
- None.
Negative
- Director sold 1,679 shares in two transactions: 455 shares at $27.99 and 1,224 shares at $28 on 09/11/2025, reducing beneficial ownership to 11,866 shares.
Insights
TL;DR: Director sale of 1,679 shares on 09/11/2025 is disclosed; transaction size appears modest relative to typical market-moving events.
The Form 4 documents two open-market dispositions by a director: 455 shares at $27.99 and 1,224 shares at $28, totaling 1,679 shares. The reporting person retains 11,866 shares after the transactions. For investors, disclosed insider sales provide transparency but, by themselves, do not indicate company performance changes; the filing contains no additional context such as reason for sale or plans.
TL;DR: Proper Section 16 disclosure filed showing director-level sale; filing appears routine and signed by attorney-in-fact.
The Form 4 identifies the reporting person as a director and registers the two dispositions under Section 16. The document is executed by an attorney-in-fact and lists the exact share counts and prices. From a governance perspective, timely public disclosure of director transactions supports regulatory compliance; no additional governance concerns or related-party details are provided in the filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 455 | $27.99 | $13K |
| Sale | Common Stock | 1,224 | $28.00 | $34K |