First Community (NASDAQ: FCCO) director logs new deferred stock unit award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Been Jonathan W reported acquisition or exercise transactions in this Form 4 filing.
First Community Corp director Jonathan W. Been reported updated holdings and a compensation-related share award. On June 30, 2026, he was credited with 140 deferred stock units of common stock, based on deferred director compensation and a consolidated closing bid price of $32.67 per share under the company’s Non-Employee Director Deferred Compensation Plan.
Following this credit, he directly holds 135,455 shares of common stock, which include 1,067 deferred stock units earned through prior deferrals and dividend equivalents. He also has additional indirect holdings through his spouse and several family trusts, reflecting shares held for estate and family planning purposes rather than open-market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Been Jonathan W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 140 | $32.67 | $5K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 135,455 shares (Direct, null);
Common Stock — 154,018 shares (Indirect, By the Shiver Higbee Legacy Trust)
Footnotes (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 140 deferred stock units, based on the amount of compensation deferred by the reporting person under the Plan during the second quarter of 2026 divided by the First Community Corporation common stock consolidated closing bid price of $32.67 on June 30, 2026. Includes 1,067 deferred stock units under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan (the "Plan"), including 5 deferred stock units credited pursuant to the terms of the Plan as dividend equivalents during the second quarter of 2026. 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
Deferred stock unit award: 140 deferred stock units
Reference stock price: $32.67 per share
Direct common shares after award: 135,455 shares
+4 more
7 metrics
Deferred stock unit award
140 deferred stock units
Credited for Q2 2026 deferred director compensation
Reference stock price
$32.67 per share
Consolidated closing bid price on June 30, 2026
Direct common shares after award
135,455 shares
Total common stock directly held after June 30, 2026 transaction
Deferred stock units held
1,067 units
Deferred stock units under the plan, including dividend equivalents
Dividend equivalent units
5 units
Deferred stock units credited as dividend equivalents in Q2 2026
Indirect holding – spouse
10,174 shares
Common stock held indirectly by Mr. Been’s spouse
Indirect holding – Shiver Higbee Legacy Trust
154,018 shares
Common stock held indirectly via Shiver Higbee Legacy Trust
Key Terms
deferred stock units, dividend equivalents, Non-Employee Director Deferred Compensation Plan
3 terms
deferred stock units financial
"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"
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 of additional deferred stock units"
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 (the "Plan")"
FAQ
What insider transaction did FCCO director Jonathan W. Been report?
Jonathan W. Been reported receiving 140 deferred stock units of First Community common stock. These units were credited as part of deferred director compensation for the second quarter of 2026 under the company’s Non-Employee Director Deferred Compensation Plan at a reference price of $32.67 per share.
What are deferred stock units in the FCCO director compensation plan?
Deferred stock units represent rights to receive First Community common stock in the future. Under the plan, director fees are converted into units using the stock’s closing bid price, and the units receive dividend equivalents. Shares are ultimately issued one-for-one upon distribution from the deferred compensation plan.
At what price were Jonathan W. Been’s new FCCO deferred stock units calculated?
The 140 deferred stock units were calculated using a First Community common stock consolidated closing bid price of $32.67 on June 30, 2026. The number of units reflects the compensation deferred during the quarter divided by this reference market price.
How many deferred stock units does Jonathan W. Been have under the FCCO plan?
Jonathan W. Been holds 1,067 deferred stock units under the First Community deferred compensation plan. This figure includes 5 additional units credited as dividend equivalents in the second quarter of 2026, with all units eventually settled in an equal number of common shares upon distribution.