First Community (NASDAQ: FCCO) EVP reports new stock grants and RSU awards
Rhea-AI Filing Summary
First Community Corporation executive Robin D. Brown reported equity awards and an option exercise that increased her direct holdings. On February 24, 2026, she acquired 1,353 restricted stock units and now holds 4,905 restricted stock units in total. Each unit represents a contingent right to receive one share of First Community common stock, with tranches scheduled to cliff vest on February 20, 2027, February 18, 2028, and February 24, 2029.
On the same date, Brown also acquired 3,784 shares of common stock as a grant and exercised a derivative security for 1,661 shares of common stock at $29.43 per share. Following these transactions, her directly held common stock position increased to 26,373 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,353 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 3,784 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,661 | $29.43 | $49K |
Footnotes (6)
- F1. Shares delivered to the reporting person pursuant to vesting of performance-based restricted stock units, which were granted to the reporting person on February 21, 2023, under the First Community Corporation 2021 Omnibus Equity Incentive Plan and vested upon achievement of performance goals for the applicable performance period.
- F2. The performance-based restricted stock units were granted under the Plan, and therefore the reporting person paid no price for the performance-based restricted stock units.
- F3. Shares withheld for taxes upon the settlement in shares of the performance-based restricted stock units previously granted to the reporting person.
- F4. Each restricted stock unit represents a contingent right to receive one share of First Community Corporation (FCCO) common stock.
- F5. The restricted stock units cliff vest on February 24, 2029, at which time the vested shares will be delivered to the reporting person.
- F6. 2,062 restricted stock units cliff vest on February 20, 2027, at which time the vested shares will be delivered to the reporting person; 1,490 restricted stock units cliff vest on February 18, 2028, at which time the vested shares will be delivered to the reporting person; and 1,353 restricted stock units cliff vest on February 24, 2029, at which time the vested shares will be delivered to the reporting person.
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