First Community Corp (FCCO) CFO reports equity awards and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
First Community Corporation EVP and CFO Donald Shawn Jordan reported equity compensation and related tax withholding transactions. On February 24, 2026, he received 1,435 restricted stock units under the 2021 Omnibus Equity Incentive Plan, each representing a contingent right to one share of common stock that cliff vests on February 24, 2029.
On the same date, 4,074 shares of common stock were delivered upon vesting of performance-based restricted stock units granted on February 21, 2023 after achievement of performance goals, with no purchase price paid. To cover taxes on this settlement, 1,968 shares of common stock were withheld at a price of $29.43 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Jordan Donald Shawn
Role
EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,435 | $0.00 | -- |
| Grant/Award | Common Stock | 4,074 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,968 | $29.43 | $58K |
Holdings After Transaction:
Restricted Stock Units — 5,228 shares (Direct);
Common Stock — 12,873 shares (Direct)
Footnotes (1)
- Shares delivered to the reporting person pursuant to vesting of performance-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 upon achievement of performance goals for the applicable performance period. The performance-based restricted stock units were granted under the Plan, and therefore the reporting person paid no price for the performance-based restricted stock units. Shares withheld for taxes upon the settlement in shares of the performance-based restricted stock units previously granted to the reporting person. Each restricted stock unit represents a contingent right to receive one share of First Community Corporation (FCCO) common stock. The restricted stock units cliff vest on February 24, 2029, at which time the vested shares will be delivered to the reporting person. 2,212 restricted stock units cliff vest on February 20, 2027, at which time the vested shares will be delivered to the reporting person; 1,581 restricted stock units cliff vest on February 18, 2028, at which time the vested shares will be delivered to the reporting person; and 1,435 restricted stock units cliff vest on February 24, 2029, at which time the vested shares will be delivered to the reporting person.
FAQ
What insider transactions did FCCO EVP and CFO Donald Shawn Jordan report?
Donald Shawn Jordan reported equity awards and tax withholding transactions. He received 1,435 restricted stock units and 4,074 common shares from vested performance-based units, while 1,968 shares were withheld at $29.43 per share to satisfy tax obligations related to the share settlement.
How many First Community Corp (FCCO) restricted stock units did the CFO acquire?
The CFO acquired 1,435 restricted stock units on February 24, 2026. These units were granted under the 2021 Omnibus Equity Incentive Plan and each unit represents a contingent right to receive one share of First Community Corporation common stock upon future vesting and settlement.
What are the vesting dates for Donald Shawn Jordan’s FCCO restricted stock units?
His restricted stock units vest on multiple future dates. 2,212 units vest on February 20, 2027, 1,581 units vest on February 18, 2028, and 1,435 units vest on February 24, 2029, when the corresponding common shares will be delivered to him.
Did the FCCO CFO pay any price for the performance-based restricted stock units that vested?
He did not pay a purchase price for the performance-based restricted stock units. They were granted under the First Community Corporation 2021 Omnibus Equity Incentive Plan and delivered in shares after achievement of specified performance goals for the applicable performance period.