Merger lifts First Community (FCCO) director Been share count holdings
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 146,782 | $0.00 | -- |
| Grant/Award | Common Stock | 153,103 | $0.00 | -- |
| Grant/Award | Common Stock | 30,401 | $0.00 | -- |
| Grant/Award | Common Stock | 30,401 | $0.00 | -- |
Footnotes (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. Shares are held by the Shiver Higbee Legacy Trust, of which the reporting person is trustee and has voting and dispositive power. Shares are held by the Katherine Been Trust, over which the reporting person has voting and dispositive power. Shares are held by the Jonathan Been, Jr. Trust, over which the reporting person has voting and dispositive power.