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First Community Corp (FCCO) EVP reports RSU vesting and tax share withholding

Filing Impact
(Neutral)
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(Neutral)
Form Type
4

Rhea-AI Filing Summary

First Community Corp executive Ted J. Nissen, EVP and Chief Banking Officer, reported equity award activity tied to previously granted restricted stock units. On February 21, 2026, 2,153 time-based restricted stock units cliff vested and were delivered as 2,153 shares of common stock at no purchase price under the 2021 Omnibus Equity Incentive Plan.

To cover tax withholding related to this vesting, 1,113 shares of common stock were withheld at $30.62 per share, recorded as a tax-withholding disposition rather than an open-market sale. After these transactions, Nissen directly held 36,245 shares of common stock and 5,148 restricted stock units. Additional time-based restricted stock units of 2,713 are scheduled to cliff vest on February 20, 2027, and 2,435 are scheduled to cliff vest on February 18, 2028, with shares to be delivered at vesting.

Positive

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Negative

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Insider Nissen Ted J
Role EVP and Chief Banking Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 2,153 $0.00 --
Exercise Common Stock 2,153 $0.00 --
Tax Withholding Common Stock 1,113 $30.62 $34K
Holdings After Transaction: Restricted Stock Units — 5,148 shares (Direct); Common Stock — 37,358 shares (Direct)
Footnotes (1)
  1. Shares delivered to the reporting person pursuant to vesting of time-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 on February 21, 2026. The time-based restricted stock units were granted under the Plan, and therefore the reporting person paid no price for the time-based restricted stock units. Shares withheld to satisfy tax withholding obligation applicable to the vesting of time-based restricted stock units that vested on February 21, 2026. Each restricted stock unit represents a contingent right to receive one share of First Community Corporation (FCCO) common stock. 2,153 restricted stock units cliff vested on February 21, 2026. 2,713 restricted stock units cliff vest on February 20, 2027, at which time the vested shares will be delivered to the reporting person and 2,435 restricted stock units cliff vest on February 18, 2028, at which time the vested shares will be delivered to the reporting person.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED 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*
Nissen Ted J
(Last) (First) (Middle)
5455 SUNSET BLVD
(Street)
LEXINGTON SC 29072
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FIRST COMMUNITY CORP /SC/ [ FCCO ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP and Chief Banking Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/21/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/21/2026 M(1) 2,153(1) A $0(2) 37,358 D
Common Stock 02/21/2026 F(3) 1,113(3) D $30.62 36,245 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (4) 02/21/2026 M 2,153 (5) (5) Common Stock 2,153 $0 5,148(6) D
Explanation of Responses:
1. Shares delivered to the reporting person pursuant to vesting of time-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 on February 21, 2026.
2. The time-based restricted stock units were granted under the Plan, and therefore the reporting person paid no price for the time-based restricted stock units.
3. Shares withheld to satisfy tax withholding obligation applicable to the vesting of time-based restricted stock units that vested on February 21, 2026.
4. Each restricted stock unit represents a contingent right to receive one share of First Community Corporation (FCCO) common stock.
5. 2,153 restricted stock units cliff vested on February 21, 2026.
6. 2,713 restricted stock units cliff vest on February 20, 2027, at which time the vested shares will be delivered to the reporting person and 2,435 restricted stock units cliff vest on February 18, 2028, at which time the vested shares will be delivered to the reporting person.
/s/ D. SHAWN JORDAN, AS ATTORNEY-IN-FACT 02/24/2026
** Signature of Reporting Person Date
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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did FCCO executive Ted J. Nissen report on this Form 4?

Ted J. Nissen reported vesting of 2,153 restricted stock units into common shares and a tax-withholding disposition of 1,113 shares at $30.62 per share related to those awards, all held directly.

Did the FCCO Form 4 show Ted J. Nissen buying or selling shares on the open market?

The filing shows no open-market purchases or sales. Shares were acquired through RSU vesting, and 1,113 shares were withheld solely to satisfy tax obligations, recorded as a tax-withholding disposition at $30.62 per share.

How many First Community Corp (FCCO) shares does Ted J. Nissen own after these transactions?

After the reported transactions, Ted J. Nissen directly holds 36,245 shares of common stock and 5,148 restricted stock units. These figures reflect the RSU vesting and tax-withholding share reduction reported for February 21, 2026.

What restricted stock units vested for FCCO executive Ted J. Nissen on February 21, 2026?

On February 21, 2026, 2,153 time-based restricted stock units cliff vested under the 2021 Omnibus Equity Incentive Plan. Each restricted stock unit represented a right to receive one share of First Community common stock upon vesting.

Are there additional FCCO restricted stock units scheduled to vest for Ted J. Nissen?

Yes. The Form 4 notes 2,713 restricted stock units scheduled to cliff vest on February 20, 2027 and 2,435 restricted stock units scheduled to cliff vest on February 18, 2028, with shares to be delivered at each vesting date.

Did Ted J. Nissen pay anything for the restricted stock units reported in the FCCO filing?

No. Footnotes state the time-based restricted stock units were granted under the 2021 Omnibus Equity Incentive Plan, so the reporting person paid no price for the RSUs that later vested into common stock.