Reynolds Leland adds First Community (FCCO) stock at $29.6699
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
First Community Corporation director Reynolds E. Leland reported buying 500 shares of the company’s common stock on February 2, 2026 at $29.6699 per share. After this purchase, he beneficially owns 30,930 shares, which include 1,407 deferred stock units under the non-employee director deferred compensation plan that accrue dividend-equivalent units and convert one-for-one into common shares upon distribution.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 500 shares ($14,835)
Net Buy
1 txn
Insider
REYNOLDS E. LELAND
Role
Director
Bought
500 shs ($15K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 500 | $29.6699 | $15K |
Holdings After Transaction:
Common Stock — 30,930 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Reynolds E. Leland report for FCCO?
Reynolds E. Leland reported buying 500 shares of First Community Corporation common stock. The purchase occurred on February 2, 2026, and was coded as a “P” transaction, indicating an open-market or private purchase under SEC Form 4 reporting rules.
What are the deferred stock units mentioned in Leland’s FCCO holdings?
Leland’s holdings include 1,407 deferred stock units under the First Community Corporation non-employee director deferred compensation plan. These units receive dividend equivalents as additional deferred units and will be settled one-for-one in common stock when a distribution from the plan occurs.
How do dividend equivalents work on FCCO deferred stock units in the plan?
Deferred stock units under the First Community Corporation director plan receive dividend equivalents in the form of additional deferred stock units. When the company pays dividends on common stock, more deferred units are credited, which later convert into the same number of common shares upon distribution.
Is Leland’s ownership in FCCO reported as direct or indirect?
Leland’s ownership after this transaction is reported as direct. The Form 4 lists his 30,930 beneficially owned shares, including deferred stock units, under the “Direct (D)” ownership category, with no separate indirect ownership entity or special nature of ownership disclosed.