[Form 4] FIRST COMMUNITY CORP /SC/ Insider Trading Activity
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 (including 6 dividend-equivalent units credited during the third quarter). Deferred stock units accrue dividend equivalents and will be converted into one share of common stock per unit upon distribution from the plan.
Il direttore Reynolds E. Leland di First Community Corporation ha ricevuto 267 unità azionarie differite nell'ambito del piano di compensazione differita per direttori non dipendenti dell'azienda, calcolate dividendo la sua retribuzione differita del terzo trimestre per il prezzo di chiusura consolidato della società di 28,16 dollari. Dopo l'accredito, la persona indicata detiene beneficialmente 30.238 azioni o equivalenti azionari, tra cui 1.215 unità differite nel piano (inclusi 6 unità equivalenti a dividendi accreditate durante il terzo trimestre). Le unità azionarie differite maturano equivalenti di dividendi e saranno convertite in una quota ordinaria per unità al momento della distribuzione dal piano.
El director Reynolds E. Leland de First Community Corporation recibió 267 unidades de acciones diferidas bajo el Plan de Compensación Diferida para Directores No Empleados de la empresa, calculadas dividiendo su compensación diferida del tercer trimestre por el precio de cierre consolidado de la compañía de 28,16 dólares. Después del acreditamiento, la persona reportada posee beneficiosamente 30.238 acciones o equivalentes en acciones, que incluyen 1.215 unidades diferidas en el plan (incluidas 6 unidades equivalentes a dividendos acreditadas durante el tercer trimestre). Las unidades diferidas acumulan equivalentes de dividendos y se convertirán en una acción común por unidad al distribuirse desde el plan.
First Community Corporation의 이사 레이놀즈 E. 리랜드는 회사의 비고용 이사 보상지연 계획에 따라 267개의 지연 주식 단위를 받았으며, 이는 제3분기 지연 보수를 회사의 연결 종가 28.16달러로 나눈 값으로 계산되었습니다. 크레딧 후 보고자는 30,238주 또는 주당등가를 사실상 보유하며, 여기에 계획 내의 1,215개의 지연 주식 단위가 포함되어 있습니다(제3분기에 크레딧된 6개의 배당 등가 단위를 포함). 지연 주식 단위는 배당 등가를 누적하고, 계획에서 분배될 때 단위당 1주의 보통주로 전환됩니다.
Le directeur Reynolds E. Leland de First Community Corporation a reçu 267 unités d’actions différées dans le cadre du Plan de compensation différée pour administrateurs non salariés de l’entreprise, calculées en divisant sa rémunération différée du troisième trimestre par le cours de clôture consolidé de la société de 28,16 dollars. Après l’accréditation, la personne déclarée détient bénéficiairement 30 238 actions ou équivalents en actions, dont 1 215 unités différées dans le plan (y compris 6 unités équivalentes dividendes créditées au cours du troisième trimestre). Les unités d’actions différées accumulent des équivalents de dividendes et seront converties en une action ordinaire par unité lors de la distribution du plan.
Der Direktor Reynolds E. Leland von First Community Corporation erhielt 267 deferred stock units im Rahmen des Non-Employee Director Deferred Compensation Plans des Unternehmens, berechnet, indem seine deferred Compensation des dritten Quartals durch den konsolidierten Schlusskurs des Unternehmens von 28,16 USD geteilt wurde. Nach der Gutschrift besitzt die meldende Person vorteilhafterweise 30.238 Aktien oder Aktienäquivalente, darunter 1.215 deferred stock units im Plan (einschließlich 6 dividendenequivalent units, die im dritten Quartal gutgeschrieben wurden). Deferred Stock Units akkumulieren Dividendenequivalents und werden bei der Verteilung aus dem Plan in eine Stammaktie pro Einheit umgewandelt.
قام Reynolds E. Leland، مدير First Community Corporation، بتلقي 267 وحدة أسهم مؤجلة بموجب خطة التعويض المؤجل لمديري الشركة غير الموظفين، والتي تُحسب بقسمة تعويضه المؤجل للربع الثالث على سعر الإغلاق المدمج للشركة البالغ 28.16 دولاراً. بعد الإئتمان، تملك الشخص المبلغ عنه بشكل فعّال 30,238 سهماً أو ما يعادله من الأسهم، بما في ذلك 1,215 وحدة أسهم مؤجلة في الخطة (بما في ذلك 6 وحدات مكافئة للأرباح مُعتمدة خلال الربع الثالث). الوحدات المؤجلة تكتسب مكافئات الأرباح وستُحوّل إلى سهم عادي واحد لكل وحدة عند التوزيع من الخطة.
First Community Corporation 的董事 Reynolds E. Leland 在公司的非雇员董事递延薪酬计划下获得了 267 个递延股票单位，这些单位是通过将他第三季度的递延薪酬除以公司的合并收盘价 28.16 美元来计算的。记入后，报告人实际拥有 30,238 股或等值股数，其中包括计划中的 1,215 个递延股票单位（包括在第三季度记入的 6 个股息等价单位）。递延股票单位累积股息等价，并将在从计划分配时按单位转换为一股普通股。
- 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
- None.
Insights
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.
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.
Il direttore Reynolds E. Leland di First Community Corporation ha ricevuto 267 unità azionarie differite nell'ambito del piano di compensazione differita per direttori non dipendenti dell'azienda, calcolate dividendo la sua retribuzione differita del terzo trimestre per il prezzo di chiusura consolidato della società di 28,16 dollari. Dopo l'accredito, la persona indicata detiene beneficialmente 30.238 azioni o equivalenti azionari, tra cui 1.215 unità differite nel piano (inclusi 6 unità equivalenti a dividendi accreditate durante il terzo trimestre). Le unità azionarie differite maturano equivalenti di dividendi e saranno convertite in una quota ordinaria per unità al momento della distribuzione dal piano.
El director Reynolds E. Leland de First Community Corporation recibió 267 unidades de acciones diferidas bajo el Plan de Compensación Diferida para Directores No Empleados de la empresa, calculadas dividiendo su compensación diferida del tercer trimestre por el precio de cierre consolidado de la compañía de 28,16 dólares. Después del acreditamiento, la persona reportada posee beneficiosamente 30.238 acciones o equivalentes en acciones, que incluyen 1.215 unidades diferidas en el plan (incluidas 6 unidades equivalentes a dividendos acreditadas durante el tercer trimestre). Las unidades diferidas acumulan equivalentes de dividendos y se convertirán en una acción común por unidad al distribuirse desde el plan.
First Community Corporation의 이사 레이놀즈 E. 리랜드는 회사의 비고용 이사 보상지연 계획에 따라 267개의 지연 주식 단위를 받았으며, 이는 제3분기 지연 보수를 회사의 연결 종가 28.16달러로 나눈 값으로 계산되었습니다. 크레딧 후 보고자는 30,238주 또는 주당등가를 사실상 보유하며, 여기에 계획 내의 1,215개의 지연 주식 단위가 포함되어 있습니다(제3분기에 크레딧된 6개의 배당 등가 단위를 포함). 지연 주식 단위는 배당 등가를 누적하고, 계획에서 분배될 때 단위당 1주의 보통주로 전환됩니다.
Le directeur Reynolds E. Leland de First Community Corporation a reçu 267 unités d’actions différées dans le cadre du Plan de compensation différée pour administrateurs non salariés de l’entreprise, calculées en divisant sa rémunération différée du troisième trimestre par le cours de clôture consolidé de la société de 28,16 dollars. Après l’accréditation, la personne déclarée détient bénéficiairement 30 238 actions ou équivalents en actions, dont 1 215 unités différées dans le plan (y compris 6 unités équivalentes dividendes créditées au cours du troisième trimestre). Les unités d’actions différées accumulent des équivalents de dividendes et seront converties en une action ordinaire par unité lors de la distribution du plan.
Der Direktor Reynolds E. Leland von First Community Corporation erhielt 267 deferred stock units im Rahmen des Non-Employee Director Deferred Compensation Plans des Unternehmens, berechnet, indem seine deferred Compensation des dritten Quartals durch den konsolidierten Schlusskurs des Unternehmens von 28,16 USD geteilt wurde. Nach der Gutschrift besitzt die meldende Person vorteilhafterweise 30.238 Aktien oder Aktienäquivalente, darunter 1.215 deferred stock units im Plan (einschließlich 6 dividendenequivalent units, die im dritten Quartal gutgeschrieben wurden). Deferred Stock Units akkumulieren Dividendenequivalents und werden bei der Verteilung aus dem Plan in eine Stammaktie pro Einheit umgewandelt.
FAQ
What transaction did Reynolds E. Leland report on Form 4 for FCCO?
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