STOCK TITAN

Merger lifts First Community (FCCO) director Been share count holdings

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

Rhea-AI Filing Summary

First Community Corporation director Jonathan W. Been reported receiving new shares of the company’s common stock on January 8, 2026 in connection with the merger of Signature Bank of Georgia into First Community Bank. He acquired 146,782 shares directly at a reported price of $0 per share and now holds that amount directly.

Additional shares were acquired indirectly through family trusts over which he has voting and dispositive power: 153,103 shares held by the Shiver Higbee Legacy Trust, 30,401 shares held by the Katherine Been Trust, and 30,401 shares held by the Jonathan Been, Jr. Trust. These shares reflect the merger exchange ratio, under which each share of Signature Bank of Georgia common stock was converted into the right to receive 0.6410 shares of First Community Corporation common stock, with cash paid instead of fractional shares.

Positive

  • None.

Negative

  • None.
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).
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*
Been Jonathan W

(Last) (First) (Middle)
C/O FIRST COMMUNITY CORPORATION
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)
01/08/2026
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 01/08/2026 A 146,782(1) A $0(1) 146,782 D
Common Stock 01/08/2026 A 153,103(1) A $0(1) 153,103 I By the Shiver Higbee Legacy Trust(2)
Common Stock 01/08/2026 A 30,401(1) A $0(1) 30,401 I By the Katherine Been Trust(3)
Common Stock 01/08/2026 A 30,401(1) A $0(1) 30,401 I By the Jonathan Been, Jr. Trust(4)
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 acquisition reflects shares received in connection with the merger of Signature Bank of Georgia with and into First Community Bank, effective January 8, 2026 at 11:59 p.m., pursuant to which each share of Signature Bank of Georgia common stock was converted into the right to receive 0.6410 shares of First Community Corporation common stock, with cash paid in lieu of any fractional shares.
2. Shares are held by the Shiver Higbee Legacy Trust, of which the reporting person is trustee and has voting and dispositive power.
3. Shares are held by the Katherine Been Trust, over which the reporting person has voting and dispositive power.
4. Shares are held by the Jonathan Been, Jr. Trust, over which the reporting person has voting and dispositive power.
/s/ D. SHAWN JORDAN BY POA FROM JON WILSON BEEN 01/12/2026
** 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 insider activity did FCCO report for Jonathan W. Been?

The filing shows that director Jonathan W. Been acquired First Community Corporation common stock on January 8, 2026, consisting of 146,782 shares held directly and additional shares held through family trusts.

How many FCCO shares did Jonathan Been acquire directly and indirectly?

He reported acquiring 146,782 shares of First Community common stock directly and beneficial ownership of 153,103 shares through the Shiver Higbee Legacy Trust, plus 30,401 shares each through the Katherine Been Trust and the Jonathan Been, Jr. Trust.

What was the price per share for Jonathan Been’s FCCO acquisitions?

Each reported acquisition was at a stated price of $0 per share, reflecting that the shares were received in a merger conversion rather than purchased for cash.

Why did Jonathan Been receive First Community (FCCO) shares on January 8, 2026?

The acquisition reflects shares received in connection with the merger of Signature Bank of Georgia with and into First Community Bank, effective January 8, 2026 at 11:59 p.m..

What was the exchange ratio in the Signature Bank of Georgia and First Community merger?

Each share of Signature Bank of Georgia common stock was converted into the right to receive 0.6410 shares of First Community Corporation common stock, with cash paid in lieu of any fractional shares.

How are the FCCO shares held through trusts controlled by Jonathan Been?

According to the disclosure, shares are held by the Shiver Higbee Legacy Trust, the Katherine Been Trust, and the Jonathan Been, Jr. Trust, and Jonathan Been has voting and dispositive power over each trust’s holdings.
First Community

NASDAQ:FCCO

FCCO Rankings

FCCO Latest News

FCCO Latest SEC Filings

FCCO Stock Data

276.02M
7.32M
4.47%
61.97%
2.62%
Banks - Regional
State Commercial Banks
Link
United States
LEXINGTON