First Community (FCCO) director defers pay into 267 stock units, total holdings 30,238

Rhea-AI Filing Summary

First Community Corporation director Reynolds E. Leland received 267 deferred stock units under the company’s Non-Employee Director Deferred Compensation Plan, calculated by dividing his deferred third-quarter compensation by the company’s consolidated closing bid price of $28.16. After the crediting, the reporting person beneficially owns 30,238 shares or share-equivalents, which includes 1,215 deferred stock units in the plan

Positive

• 267 deferred stock units credited, increasing the reporting person's long-term alignment with shareholders
• Total beneficial holdings of 30,238 (including 1,215 deferred units), reflecting sustained equity-linked ownership
• Dividend equivalents credited (6 units this quarter) preserve economic value while units remain deferred

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine director deferral increases share-equivalent holdings modestly; not a material corporate event.

The transaction reflects a standard non-cash compensation election by a director to receive deferred stock units rather than immediate cash. The 267 units were priced using the consolidated closing bid of $28.16, and the reporting person’s total beneficial position of 30,238 includes previously held deferred units and dividend equivalents. This is a compensation and governance matter with limited direct impact on operating results or capital structure.

Corporate Governance Expert

TL;DR: Director elected to defer pay into equity-linked units, aligning compensation with shareholder outcomes but routine in practice.

The use of deferred stock units under the Amended and Restated Non-Employee Director Deferred Compensation Plan is a common mechanism to align director interests with shareholders and preserve cash. Inclusion of dividend-equivalent units (6 credited this quarter) indicates the plan mirrors economic equity ownership until distribution. There is no indication of additional indirect holdings or changes to control from this filing.

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).

1. Name and Address of Reporting Person^*

REYNOLDS E. LELAND

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

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	09/30/2025		A		267(1)	A	$28.16(1)	30,238(2)	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

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 267 deferred stock units, based on the amount of compensation deferred by the reporting person under the Plan during the third quarter of 2025 divided by the First Community Corporation common stock consolidated closing bid price of $28.16 on September 30, 2025.

2. Includes 1,215 deferred stock units under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan (the "Plan"), including 6 deferred stock units credited pursuant to the terms of the Plan as dividend equivalents during the third quarter of 2025. 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-FACT	10/01/2025
	** 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.

FAQ

What transaction did Reynolds E. Leland report on Form 4 for FCCO?

The filing reports the crediting of 267 deferred stock units under the company's Non-Employee Director Deferred Compensation Plan, recorded using a $28.16 closing bid price.

How many total shares or share-equivalents does the reporting person own after the transaction?

The reporting person beneficially owns 30,238 shares or share-equivalents following the reported transaction.

How many deferred stock units were already held in the plan?

The filing states there are 1,215 deferred stock units in the plan, which include 6 units credited as dividend equivalents during the third quarter.

How are deferred stock units converted into actual shares for FCCO?

Deferred stock units receive dividend equivalents as additional units and will be converted into common stock on a one-for-one basis upon distribution from the plan.

Was this Form 4 filing an individual filing or joint filing?

The form was filed by one reporting person (individual filing).