STOCK TITAN

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.

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Form Type
4

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 CHAO CHIMIN J
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1, F2 216 $32.09 $7K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 63,385 shares (Direct); Common Stock — 42,983 shares (Indirect, By Yuhjen Chao Family Trust)
Footnotes (2)
  1. 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.
  2. 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.
Deferred stock units credited 216 units September 30, 2026
Consolidated closing bid price $32.09 per share September 30, 2026
Reported direct position after credit 63,385 shares Includes deferred stock units
Deferred stock units in direct position 54,171 units Includes units credited as dividend equivalents
Dividend equivalents credited 265 deferred stock units Third quarter of 2026
Indirect holding by Yuhjen Chao Family Trust 42,983 shares Reported September 30, 2026
deferred stock units financial
"credited with 216 deferred stock units"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
dividend equivalents financial
"credited pursuant to the terms of the Plan as dividend equivalents"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
Non-Employee Director Deferred Compensation Plan financial
"Amended and Restated Non-Employee Director Deferred Compensation Plan"
consolidated closing bid price market
"common stock consolidated closing bid price of $32.09"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did FCCO director Chimin J. Chao receive?

Chimin J. Chao, a director, was credited with 216 deferred stock units on September 30, 2026. The credit was based on compensation deferred during the third quarter divided by the common stock consolidated closing bid price of $32.09.

How are FCCO deferred stock units distributed?

The plan credits dividend equivalents as additional deferred stock units; 265 units were credited as dividend equivalents during the third quarter of 2026. Common shares are issued one-for-one for deferred stock units upon a distribution from the plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
CHAO CHIMIN J

(Last)(First)(Middle)
5455 SUNSET BLVD

(Street)
LEXINGTON SOUTH CAROLINA 29072

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
FIRST COMMUNITY CORP /SC/ [ FCCO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock09/30/2026A216(1)A$32.09(1)63,385(2)D
Common Stock42,983IBy Yuhjen Chao Family Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. 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.
/s/ D. SHAWN JORDAN, AS ATTORNEY-IN-FACT10/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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