First Community's Snipe receives 255 stock units
The credited units are deferred compensation; common shares are issued one-for-one when a distribution occurs.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
First Community Corp director Alexander Snipe Jr. was credited with 255 deferred stock units on September 30, 2026, under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan. The units reflected compensation deferred during the third quarter of 2026, calculated using a $32.09 common-stock consolidated closing bid price. He reported 57,936 directly held shares of common stock after the credit, including 48,885 deferred stock units, and 3,927 shares held indirectly by Glory Communications, Inc. Deferred units receive dividend equivalents as additional units, and common shares are issued one-for-one upon distribution.
Insider Trade Summary
Grant/Award: 255 shares
Grant/Award
2 txns
Insider
Snipe Alexander JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 255 | $32.09 | $8K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 57,936 shares (Direct);
Common Stock — 3,927 shares (Indirect, By Glory Communications, Inc.)
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 255 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 48,885 deferred stock units under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan (the "Plan"), including 239 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
Deferred stock units credited: 255 deferred stock units
Closing bid price used to calculate deferred units: $32.09 per share
Direct common stock holdings following transaction: 57,936 shares
+3 more
6 metrics
Deferred stock units credited
255 deferred stock units
September 30, 2026; under the non-employee director deferred compensation plan
Closing bid price used to calculate deferred units
$32.09 per share
Common stock consolidated closing bid price on September 30, 2026
Direct common stock holdings following transaction
57,936 shares
Includes 48,885 deferred stock units under the plan
Deferred stock units under the plan
48,885 deferred stock units
Included in reported direct holdings
Dividend-equivalent units credited
239 deferred stock units
During the third quarter of 2026
Indirect common stock holdings
3,927 shares
Held by Glory Communications, Inc. on September 30, 2026
Key Terms
deferred stock units, deferred compensation, dividend equivalents, one-for-one basis
4 terms
deferred stock units financial
"credited with 255 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.
deferred compensation financial
"Non-Employee Director Deferred Compensation Plan"
Deferred compensation is pay that employees or executives have earned now but will receive at a later date, such as delayed bonuses, retirement benefits, or stock grants. It matters to investors because it creates future obligations and shapes incentives—like a promise to pay later that can affect a company’s reported profits, cash needs and potential stock dilution—so it helps signal how a business manages costs and retains key people.
dividend equivalents financial
"receive dividend equivalents in the form of additional deferred stock units"
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.
one-for-one basis financial
"shares ... will be issued on a one-for-one basis"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many deferred stock units did an FCCO director receive?
Alexander Snipe Jr., a director, was credited with 255 deferred stock units on September 30, 2026. The units reflected compensation deferred during the third quarter of 2026 and were calculated using the $32.09 consolidated closing bid price for First Community Corporation common stock that day.
What FCCO stock holdings did Alexander Snipe Jr. report?
Alexander Snipe Jr. reported 57,936 directly held shares of common stock following the credit, including 48,885 deferred stock units. He also reported 3,927 shares held indirectly by Glory Communications, Inc.
How are FCCO deferred stock units distributed?
The plan provides dividend equivalents as additional deferred stock units, and First Community Corporation common shares are issued on a one-for-one basis for deferred stock units upon a distribution.
AI-generated analysis. How Rhea-AI works. Not financial advice.
