FIRST COMMUNITY CORP EVP logs RSU vesting
FIRST COMMUNITY CORP executive Robin D. Brown reported equity award activity tied to vested restricted stock units.
Rhea-AI Filing Summary
FIRST COMMUNITY CORP executive Robin D. Brown reported equity award activity tied to vested restricted stock units. On February 21, 2026, 1,737 restricted stock units vested and converted into 1,737 shares of common stock at no cost under the 2021 Omnibus Equity Incentive Plan. To cover tax withholding on this vesting, 776 common shares were withheld at $30.62 per share. After these transactions, Brown directly owned 22,589 shares of common stock and 3,552 restricted stock units, with additional units scheduled to cliff vest in 2027 and 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,737 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,737 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 776 | $30.62 | $24K |
Footnotes (6)
- 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.
- 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.
- F3. Shares withheld to satisfy tax withholding obligation applicable to the vesting of time-based restricted stock units that vested on February 21, 2026.
- F4. Each restricted stock unit represents a contingent right to receive one share of First Community Corporation (FCCO) common stock.
- F5. 1,737 restricted stock units cliff vested on February 21, 2026.
- F6. 2,062 restricted stock units cliff vest on February 20, 2027, at which time the vested shares will be delivered to the reporting person and 1,490 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 executive Robin D. Brown report on this Form 4?
What happened to the 1,737 FCCO restricted stock units reported in the Form 4?
Did Robin D. Brown pay any purchase price for the vested FCCO restricted stock units?
What future FCCO restricted stock unit vesting is disclosed for Robin D. Brown?
AI-generated analysis. How Rhea-AI works. Not financial advice.