First Community CEO reports RSU vesting, tax withholding

First Community Corporation President and CEO Michael C. Crapps reported equity award activity involving restricted stock units and common stock.

Rhea-AI Filing Summary

First Community Corporation President and CEO Michael C. Crapps reported equity award activity involving restricted stock units and common stock. On February 21, 2026, 3,564 restricted stock units granted on February 21, 2023 under the 2021 Omnibus Equity Incentive Plan cliff vested, with each unit converting into one share of common stock at no cost to him.

To cover tax withholding related to this vesting, 1,823 shares of common stock were withheld at $30.62 per share as a tax-withholding disposition. After these transactions, Crapps directly holds 71,835 shares of common stock and 7,172 restricted stock units, and has indirect ownership of 9,805 common shares held by his wife. Footnotes also note additional time-based RSUs scheduled to cliff vest in 2027 and 2028.

Insider Trade Summary

3,564 shares exercised/converted

Exercise 4 txns

Insider CRAPPS MICHAEL C

Role President and CEO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	3,564	$0.00	$0.00
Exercise	Common Stock	3,564	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	1,823	$30.62	$56K
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 7,172 contracts (Direct); Common Stock — 71,835 shares (Direct); Common Stock — 9,805 shares (Indirect, By Wife)

Footnotes (6)

1. F1. Shares delivered to the reporting person pursuant to vesting of time-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 on February 21, 2026.
2. F2. The time-based restricted stock units were granted under the Plan, and therefore the reporting person paid no price for the time-based restricted stock units.
3. F3. Shares withheld to satisfy tax withholding obligation applicable to the vesting of time-based restricted stock units that vested on February 21, 2026.
4. F4. Each restricted stock unit represents a contingent right to receive one share of First Community Corporation (FCCO) common stock.
5. F5. 3,564 restricted stock units cliff vested on February 21, 2026.
6. F6. 4,185 restricted stock units cliff vest on February 20, 2027, at which time the vested shares will be delivered to the reporting person and 2,987 restricted stock units cliff vest on February 18, 2028, 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 CEO Michael C. Crapps report on this Form 4?

Michael C. Crapps reported vesting of restricted stock units and related share withholding for taxes. 3,564 RSUs converted into common stock, and 1,823 shares of common stock were withheld to satisfy tax obligations tied to the vesting event on February 21, 2026.

How many First Community (FCCO) restricted stock units vested for the CEO and at what cost?

3,564 time-based restricted stock units vested for the CEO, each converting into one share of common stock. The units were granted under the company’s 2021 Omnibus Equity Incentive Plan, and the filing states the reporting person paid no price for these restricted stock units.

How many FCCO shares were withheld for taxes and at what price per share?

To cover tax withholding on the RSU vesting, 1,823 shares of First Community common stock were withheld. The filing lists a price of $30.62 per share for this tax-withholding disposition, reflecting shares delivered back to satisfy the associated tax liability.

What are Michael C. Crapps’ First Community (FCCO) stock and RSU holdings after these transactions?

After the reported transactions, Michael C. Crapps directly owns 73,658 shares of First Community common stock and 7,172 restricted stock units. He also has indirect ownership of 9,805 common shares held by his wife, as disclosed in the Form 4 holding information.

What future restricted stock unit vesting does the FCCO Form 4 disclose for the CEO?

The filing notes that 4,185 restricted stock units are scheduled to cliff vest on February 20, 2027, and 2,987 units are scheduled to cliff vest on February 18, 2028. Upon each vesting date, the vested shares will be delivered to Michael C. Crapps.

Were the vested FCCO restricted stock units part of a specific equity plan?

Yes. The vested restricted stock units were granted on February 21, 2023 under the First Community Corporation 2021 Omnibus Equity Incentive Plan. Footnotes clarify that each unit represents a contingent right to receive one share of First Community common stock upon vesting and delivery.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/24/2026 - 01:11 PM Learn about SEC filing dates

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
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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^*

CRAPPS MICHAEL C

(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
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/21/2026

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	02/21/2026		M(1)		3,564(1)	A	$0(2)	73,658	D
Common Stock	02/21/2026		F(3)		1,823(3)	D	$30.62	71,835	D
Common Stock								9,805	I	By Wife

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
Restricted Stock Units	(4)	02/21/2026		M			3,564	(5)	(5)	Common Stock	3,564	$0	7,172(6)	D

Explanation of Responses:

1. Shares delivered to the reporting person pursuant to vesting of time-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 on February 21, 2026.

2. The time-based restricted stock units were granted under the Plan, and therefore the reporting person paid no price for the time-based restricted stock units.

3. Shares withheld to satisfy tax withholding obligation applicable to the vesting of time-based restricted stock units that vested on February 21, 2026.

4. Each restricted stock unit represents a contingent right to receive one share of First Community Corporation (FCCO) common stock.

5. 3,564 restricted stock units cliff vested on February 21, 2026.

6. 4,185 restricted stock units cliff vest on February 20, 2027, at which time the vested shares will be delivered to the reporting person and 2,987 restricted stock units cliff vest on February 18, 2028, at which time the vested shares will be delivered to the reporting person.

	/s/ D. SHAWN JORDAN, AS ATTORNEY-IN-FACT	02/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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