[Form 4] FIRST COMMUNITY CORP /SC/ Insider Trading Activity
Rhea-AI Filing Summary
First Community Corporation executive Jack W. Walker reported equity compensation activity and related tax withholding. On February 24, 2026, he acquired 1,250 restricted stock units, each representing one share of common stock, which cliff vest on February 24, 2029.
On the same date, he received 3,220 shares of common stock delivered upon vesting of performance-based restricted stock units granted on February 21, 2023 under the 2021 Omnibus Equity Incentive Plan, at no purchase price. To cover taxes on this settlement, 1,116 shares were withheld at $29.43 per share.
Following these transactions, Walker directly holds 7,618 shares of common stock and 4,461 restricted stock units. Existing restricted stock units include 1,836 units vesting on February 20, 2027, 1,375 units vesting on February 18, 2028, and the new 1,250-unit grant vesting on February 24, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,250 | $0.00 | -- |
| Grant/Award | Common Stock | 3,220 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,116 | $29.43 | $33K |
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. 1,836 restricted stock units cliff vest on February 20, 2027, at which time the vested shares will be delivered to the reporting person; 1,375 restricted stock units cliff vest on February 18, 2028, at which time the vested shares will be delivered to the reporting person; and 1,250 restricted stock units cliff vest on February 24, 2029, at which time the vested shares will be delivered to the reporting person.