STOCK TITAN

First Community (FCCO) director defers pay into 172 stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

First Community Corporation director Thomas Carlton Brown acquired 172 deferred stock units of common stock as compensation. The units reflect deferred director fees for the second quarter of 2026, calculated using the company’s $32.67 consolidated closing bid price on June 30, 2026.

After this grant, Brown directly holds 41,647 shares of common stock, including 10,052 deferred stock units under the company’s Non-Employee Director Deferred Compensation Plan. These deferred stock units earn dividend equivalents in additional units and will convert to common shares on a one-for-one basis when distributed from the plan.

Positive

  • None.

Negative

  • None.
Insider BROWN THOMAS CARLTON
Role null
Type Security Shares Price Value
Grant/Award Common Stock 172 $32.67 $6K
Holdings After Transaction: Common Stock — 41,647 shares (Direct, null)
Footnotes (1)
  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 172 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 10,052 deferred stock units under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan (the "Plan"), including 53 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.
Deferred stock units granted 172 units Grant on June 30, 2026 for Q2 2026 deferred fees
Reference stock price $32.67 per share Consolidated closing bid price on June 30, 2026
Total shares after transaction 41,647 shares Common stock directly held following the Form 4 transaction
Deferred stock units outstanding 10,052 units Deferred stock units under the director deferred compensation plan
Dividend equivalent units 53 units Deferred stock units credited as dividend equivalents in Q2 2026
deferred stock units financial
"The reporting person was credited with 172 deferred stock units, based on the amount of compensation deferred..."
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")"
distribution from the Plan financial
"shares of First Community Corporation common stock will be issued on a one-for-one basis... upon a distribution from the Plan"
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SEC Form 4
FORM 4UNITED 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).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
BROWN THOMAS CARLTON

(Last)(First)(Middle)
5455 SUNSET BLVD

(Street)
LEXINGTON SOUTH CAROLINA 29072

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
FIRST COMMUNITY CORP /SC/ [ FCCO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/30/2026A172(1)A$32.67(1)41,647(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 172 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.
2. Includes 10,052 deferred stock units under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan (the "Plan"), including 53 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.
/s/ D. SHAWN JORDAN, AS ATTORNEY-IN-FACT07/02/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did FCCO director Thomas Carlton Brown report?

Director Thomas Carlton Brown reported receiving 172 deferred stock units of First Community Corporation common stock. These units were granted as a compensation deferral for second-quarter 2026 fees under the company’s Non-Employee Director Deferred Compensation Plan, rather than through an open-market stock purchase.

At what price were Thomas Carlton Brown’s FCCO deferred stock units valued?

The 172 deferred stock units were valued using a First Community Corporation consolidated closing bid price of $32.67 on June 30, 2026. The number of units equals Brown’s deferred director compensation for the quarter divided by this per-share closing bid price.

How many FCCO shares does Thomas Carlton Brown hold after this Form 4 transaction?

After the transaction, Thomas Carlton Brown directly holds 41,647 shares of First Community Corporation common stock. This total includes both regular shares and 10,052 deferred stock units credited under the company’s Non-Employee Director Deferred Compensation Plan for non-employee directors.

What are deferred stock units in the FCCO director compensation plan?

Deferred stock units represent director compensation that has been converted into share-based units instead of immediate cash. Under First Community Corporation’s plan, each deferred stock unit will later convert into one common share when amounts are distributed, aligning director compensation with long-term shareholder interests.

How do dividend equivalents work on FCCO deferred stock units?

Deferred stock units under First Community Corporation’s plan receive dividend equivalents as additional deferred stock units. During second-quarter 2026, Brown’s total of 10,052 deferred stock units included 53 extra units credited specifically as dividend equivalents, mirroring cash dividends paid on the underlying common shares.

Does the FCCO Form 4 show an open-market stock purchase or sale?

The Form 4 does not show an open-market buy or sell. Instead, it reports a grant-type acquisition of 172 deferred stock units as compensation deferral, categorized under transaction code A, which is described as a grant, award, or other acquisition of common stock.