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First Community (NASDAQ: FCCO) director adds 271 deferred stock units

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

Rhea-AI Filing Summary

Snipe Alexander JR reported acquisition or exercise transactions in this Form 4 filing.

First Community Corporation director Alexander Snipe Jr. reported a compensation-related award of 271 deferred stock units of common stock, valued using a $32.67 per-share closing bid price on June 30, 2026. These units were credited under the company’s Amended and Restated Non-Employee Director Deferred Compensation Plan for second-quarter 2026 deferred fees.

After this award, Snipe directly holds 57,442 shares of common stock, which include 48,391 deferred stock units under the plan, among them 260 units credited as dividend equivalents during the quarter. He also has 3,927 shares held indirectly through Glory Communications, Inc.

Positive

  • None.

Negative

  • None.
Insider Snipe Alexander JR
Role null
Type Security Shares Price Value
Grant/Award Common Stock 271 $32.67 $9K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 57,442 shares (Direct, null); Common Stock — 3,927 shares (Indirect, By Glory Communications, Inc.)
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 271 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 48,391 deferred stock units under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan (the "Plan"), including 260 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 271 units Credited for Q2 2026 deferred director compensation at $32.67
Pricing basis $32.67/share Common stock consolidated closing bid price on June 30, 2026
Direct holdings after transaction 57,442 shares Common stock held directly by Alexander Snipe Jr. after award
Deferred stock units outstanding 48,391 units Deferred stock units under the non-employee director plan
Dividend equivalent units 260 units Deferred stock units credited as dividend equivalents in Q2 2026
Indirect holdings 3,927 shares Common stock held indirectly through Glory Communications, Inc.
deferred stock units financial
"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"
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.
Amended and Restated Non-Employee Director Deferred Compensation Plan financial
"under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan (the "Plan")"
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Form 4 Insider Transactions: What Each Field Means →
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*
Snipe Alexander JR
(Last)(First)(Middle)
C/O FIRST COMMUNITY CORPORATION
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 Stock06/30/2026A271(1)A$32.67(1)57,442(2)D
Common Stock3,927IBy Glory Communications, Inc.
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 271 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 48,391 deferred stock units under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan (the "Plan"), including 260 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did FCCO director Alexander Snipe Jr. report in this Form 4?

Alexander Snipe Jr. reported receiving 271 deferred stock units as compensation under First Community Corporation’s non-employee director deferred compensation plan, based on a common stock closing bid price of $32.67 on June 30, 2026 for his second-quarter deferred fees.

How many FCCO shares does Alexander Snipe Jr. hold after this transaction?

After the transaction, Alexander Snipe Jr. directly holds 57,442 shares of First Community common stock, including 48,391 deferred stock units under the company’s non-employee director deferred compensation plan, and also has 3,927 additional shares held indirectly through Glory Communications, Inc.

How were the 271 deferred stock units for FCCO calculated?

The 271 deferred stock units were calculated by dividing Alexander Snipe Jr.’s second-quarter 2026 deferred director compensation by First Community’s consolidated closing bid price of $32.67 per share on June 30, 2026, as provided by the non-employee director deferred compensation plan terms.

What are dividend equivalents on FCCO deferred stock units?

Dividend equivalents are additional deferred stock units credited in lieu of cash dividends. Snipe’s holdings include 260 deferred stock units credited as dividend equivalents in second-quarter 2026, and each deferred unit will convert into one share of First Community common stock upon distribution from the plan.

How many deferred stock units of FCCO does Alexander Snipe Jr. hold?

Alexander Snipe Jr. holds 48,391 deferred stock units under First Community’s Amended and Restated Non-Employee Director Deferred Compensation Plan, which includes 260 deferred stock units that were credited during second-quarter 2026 as dividend equivalents on his existing deferred stock unit balance.