First Community insider sells 14,800 shares
A First Community Corp director sold 14,800 shares while retaining significant direct and indirect holdings, including deferred stock units.
Rhea-AI Filing Summary
FIRST COMMUNITY CORP (FCCO) director Jonathan W. Been reported selling 14,800 shares of common stock on September 3, 2026 in an open-market transaction at a weighted average price of $34.05 per share, within a price range of $33.77 to $34.19.
After this sale, he holds 120,655 shares directly, which include 1,067 deferred stock units under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan; these deferred stock units accrue dividend equivalents as additional units and are settled in common stock on a one-for-one basis upon distribution. He also reports indirect ownership of additional shares through several family trusts and by his spouse.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 14,800 shares
Net Sell
6 txns
Insider
Been Jonathan W
Role
Director
Sold
14,800 shs ($504K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 14,800 | $34.05 | $504K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 120,655 shares (Direct);
Common Stock — 154,018 shares (Indirect, By the Shiver Higbee Legacy Trust);
Common Stock — 30,401 shares (Indirect, By the Katherine Smith Been Trust);
Common Stock — 30,401 shares (Indirect, By the Jonathan W. Been, Jr. Trust);
Common Stock — 10,174 shares (Indirect, By Mr. Been's Spouse);
Common Stock — 1,144 shares (Indirect, By the Katherine Smith Been Trust, Susan B. Been Trustee)
Footnotes (2)
- F1. Price range of $33.77 to $34.19 with a weighted average price of $34.05.
- F2. Includes 1,067 deferred stock units under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan (the "Plan"). 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
Shares sold: 14,800 shares
Weighted average sale price: $34.05 per share
Sale price range: $33.77–$34.19 per share
+3 more
6 metrics
Shares sold
14,800 shares
Common stock sale reported for September 3, 2026
Weighted average sale price
$34.05 per share
Open-market sale price with trades between $33.77 and $34.19
Sale price range
$33.77–$34.19 per share
Range of prices for the 14,800 shares sold
Direct holdings after transaction
120,655 shares
Direct common stock position following the reported sale
Deferred stock units included in direct holdings
1,067 units
Deferred stock units under the Non-Employee Director Deferred Compensation Plan
Indirect holdings by Shiver Higbee Legacy Trust
154,018 shares
Indirect ownership through the Shiver Higbee Legacy Trust
Key Terms
deferred stock units, dividend equivalents, Non-Employee Director Deferred Compensation Plan
3 terms
deferred stock units financial
"Includes 1,067 deferred stock units under the First Community Corporation Amended"
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
"Deferred stock units under the Plan receive dividend equivalents in the form"
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
"under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan"
FAQ
What are Jonathan W. Been’s direct FCCO holdings after this reported sale?
After the sale, Jonathan W. Been directly holds 120,655 shares of First Community Corp common stock. This amount includes 1,067 deferred stock units under the company’s Non-Employee Director Deferred Compensation Plan.
What indirect FCCO holdings does Jonathan W. Been report on this Form 4?
He reports indirect ownership of common stock through several related parties, including 154,018 shares held by the Shiver Higbee Legacy Trust and additional blocks of shares held by family trusts and his spouse.
Does this FCCO Form 4 indicate trades under a Rule 10b5-1 plan?
No. The filing does not report that the transaction was made under a Rule 10b5-1 trading plan; the Rule 10b5-1 checkbox is not marked as affirming such a plan for this sale.
What are the deferred stock units reported in Jonathan W. Been’s FCCO holdings?
He holds 1,067 deferred stock units under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan, which accrue dividend equivalents as additional units and are settled in common stock on a one-for-one basis upon distribution.
AI-generated analysis. How Rhea-AI works. Not financial advice.
