First Community Chao receives 216 deferred stock units
Deferred units receive dividend equivalents, and common shares are issued one-for-one upon a distribution from the plan.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Chimin J. Chao reported acquisition or exercise transactions in this Form 4 filing. First Community Corp. (FCCO) director Chimin J. Chao was credited with 216 deferred stock units on September 30, 2026, under the Non-Employee Director Deferred Compensation Plan. The credit was based on compensation deferred during the third quarter divided by the common stock consolidated closing bid price of $32.09. The reported direct position after the credit was 63,385 shares, including 54,171 deferred stock units; 42,983 shares were also held indirectly by the Yuhjen Chao Family Trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 216 | $32.09 | $7K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. The reporting person has elected to defer compensation in the form of deferred stock units under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan (the "Plan"). Pursuant to the terms of the Plan, the reporting person was credited with 216 deferred stock units, based on the amount of compensation deferred by the reporting person under the Plan during the third quarter of 2026 divided by the First Community Corporation common stock consolidated closing bid price of $32.09 on September 30, 2026.
- F2. Includes 54,171 deferred stock units under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan (the "Plan"), including 265 deferred stock units credited pursuant to the terms of the Plan as dividend equivalents during the third quarter of 2026. Deferred stock units under the Plan receive dividend equivalents in the form of additional deferred stock units, and shares of First Community Corporation common stock will be issued on a one-for-one basis in respect of deferred stock units upon a distribution from the Plan.
Key Figures
Key Terms
deferred stock units financial
dividend equivalents financial
Non-Employee Director Deferred Compensation Plan financial
consolidated closing bid price market
FAQ
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What did FCCO director Chimin J. Chao receive?
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