First United (NASDAQ: FUNC) sets May 1, 2026 dividend payout

Rhea-AI Filing Summary

First United Corporation reported that its Board of Directors declared a cash dividend of $0.26 per share on its common stock. The dividend will be payable on May 1, 2026 to shareholders who are on record as of the close of business on April 17, 2026.

First United Corporation is the parent of First United Bank & Trust, a Maryland commercial bank, and several subsidiaries involved in finance activities and low-income housing projects in Maryland and Ohio.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): March 4, 2026

First United Corporation

(Exact name of registrant as specified in its charter)

Maryland		0-14237		52-1380770
(State or other jurisdiction of		(Commission file number)		(IRS Employer
incorporation or organization)				Identification No.)

19 South Second Street, Oakland, Maryland 21550

(Address of principal executive offices) (Zip Code)

(301) 334-9471

(Registrant’s telephone number, including area code)

N/A

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbols	Name of each exchange on which registered
Common Stock	FUNC	Nasdaq Stock Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

INFORMATION TO BE INCLUDED IN THE REPORT

Item 8.01. Other Events.

On March 4, 2026, First United Corporation (the “Corporation”) announced that its Board of Directors declared a cash dividend of $.26 per share that will be payable on May 1, 2026, to holders of record of the Corporation’s common stock as of the close of business on April 17, 2026. A copy of the Corporation’s announcement is filed as Exhibit 99.1 to this report and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d)  Exhibits.

The exhibits filed or furnished with this report are listed in the following Exhibit Index:

Exhibit No.	Description
99.1	Press release dated March 4, 2026 (filed herewith)
104	Cover page interactive data file (embedded within the iXBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	FIRST UNITED CORPORATION
Dated: March 6, 2026	By:	/s/ Tonya K. Sturm
		Tonya K. Sturm
		Senior Vice President & CFO

Exhibit 99.1

FIRST UNITED CORPORATION

ANNOUNCES SECOND QUARTER 2026 DIVIDEND

Oakland, Maryland, March 4, 2026 – First United Corporation (NASDAQ: FUNC) announces that its Board of Directors declared a cash dividend of $.26 per share that will be payable on May 1, 2026, to holders of record of the Corporation’s common stock as of the close of business on April 17, 2026.

About First United Corporation

First United Corporation is the parent company of First United Bank & Trust, a Maryland trust company with commercial banking powers. The Bank’s wholly-owned subsidiaries include OakFirst Loan Center, Inc. and OakFirst Loan Center, LLC, both of which are finance companies, and First OREO Trust which was formed for the purposes of holding, servicing and disposing of the real estate that the Bank acquires through foreclosure or by deed in lieu of foreclosure. The Bank also owns 99.9% of the limited partnership interests in Liberty Mews Limited Partnership, which was formed for the purpose of acquiring, developing and operating low-income housing units in Garrett County, Maryland and a 99.9% non-voting membership interest in MCC FUBT Fund, LC, an Ohio limited liability company formed for the purpose of acquiring, developing and operating low-income housing units in Allegany County, Maryland. The Corporation’s website is www.mybank.com.

FAQ

What dividend did First United Corporation (FUNC) declare for second quarter 2026?

First United Corporation declared a cash dividend of $0.26 per share for second quarter 2026. The dividend applies to the company’s common stock and reflects the Board’s decision to return cash directly to shareholders through a regular cash payout.

When is the payment date for First United Corporation’s $0.26 dividend?

The $0.26 per share cash dividend will be paid on May 1, 2026. Shareholders who meet the record date requirement will receive the dividend in cash on that payment date, according to the company’s announcement filed with regulators.

What is the record date for First United Corporation’s May 2026 dividend?

Shareholders must be on record by the close of business on April 17, 2026 to receive the $0.26 per share dividend. Owning shares on or before this record date determines eligibility for the scheduled May 1, 2026 cash payment.

Which shares are eligible for First United Corporation’s $0.26 dividend?

The $0.26 cash dividend applies to First United Corporation’s common stock. Holders of common shares who are listed as shareholders of record on April 17, 2026 will qualify to receive the dividend payment on May 1, 2026.

What does First United Corporation (FUNC) do as a business?

First United Corporation is the parent of First United Bank & Trust, a Maryland commercial bank. Its subsidiaries include finance companies and entities that acquire, develop, and operate low-income housing units in Garrett and Allegany Counties and related real estate holdings.

Where can investors find more information about First United Corporation?

Investors can learn more about First United Corporation through its website, www.mybank.com. The company also provides regulatory filings and press releases, including the announcement of its $0.26 per share cash dividend, for additional corporate and financial information.

Filing Exhibits & Attachments

4 documents

Press Releases

• EX-99.1 EXHIBIT 99.1 3.1 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 3.0 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 33.4 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 21.9 KB