FCCO executive granted stock, shares withheld for tax
First Community Corporation executive Ted J. Nissen reported equity compensation and related tax withholding.
Rhea-AI Filing Summary
First Community Corporation executive Ted J. Nissen reported equity compensation and related tax withholding. On February 24, 2026, he acquired 2,250 restricted stock units and 4,689 shares of common stock as grants at a price of $0.00 per share.
After these awards, he directly held 7,398 restricted stock units and 40,934 common shares before tax withholding. A separate disposition of 2,280 common shares at $29.43 per share covered taxes due on the settlement of performance-based restricted stock units granted on February 21, 2023, leaving him with 38,654 directly held common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,250 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 4,689 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,280 | $29.43 | $67K |
Footnotes (6)
- F1. Shares delivered to the reporting person pursuant to vesting of performance-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 upon achievement of performance goals for the applicable performance period.
- F2. The performance-based restricted stock units were granted under the Plan, and therefore the reporting person paid no price for the performance-based restricted stock units.
- F3. Shares withheld for taxes upon the settlement in shares of the performance-based restricted stock units previously granted to the reporting person.
- F4. Each restricted stock unit represents a contingent right to receive one share of First Community Corporation (FCCO) common stock.
- F5. The restricted stock units cliff vest on February 24, 2029, at which time the vested shares will be delivered to the reporting person.
- F6. 2,713 restricted stock units cliff vest on February 20, 2027, at which time the vested shares will be delivered to the reporting person; 2,435 restricted stock units cliff vest on February 18, 2028, at which time the vested shares will be delivered to the reporting person; and 2,250 restricted stock units cliff vest on February 24, 2029, at which time the vested shares will be delivered to the reporting person.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did FCCO executive Ted J. Nissen report on February 24, 2026?
How many FCCO restricted stock units does Ted J. Nissen hold after these transactions?
Were the FCCO equity awards to Ted J. Nissen granted at any purchase price?
What are the future vesting dates for Ted J. Nissen’s FCCO restricted stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.