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First United declares $0.28 per-share cash dividend

Common-stock holders of record at the close of business on October 19 are designated for the November 2 payment.

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Form Type
8-K

Rhea-AI Filing Summary

First United Corporation declared a cash dividend of $0.28 per share on its common stock. The dividend is payable November 2, 2026, to holders of record as of the close of business October 19, 2026.

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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, or exhibit attachments filed with this report.
Cash dividend $0.28 per share Declared on common stock
Record date October 19, 2026 Holders of record at close of business
Payment date November 2, 2026 Declared cash dividend
holders of record financial
"holders of record of the Corporation’s common stock"
Names listed on a company’s official register at a specific cut-off date who are legally entitled to receive dividends, vote on corporate matters, or participate in other shareholder actions. Think of it like a guest list for an event: only those on the list at the snapshot time get the invitation or benefits, so investors watch the record date to know whether they will receive payouts or voting rights for a given corporate action.
deed in lieu of foreclosure financial
"acquires through foreclosure or by deed in lieu of foreclosure"
A deed in lieu of foreclosure is a legal agreement where a borrower voluntarily transfers ownership of a property to the lender to avoid a formal foreclosure process. Think of it as handing over the keys instead of going to court; it can be quicker and cheaper for both sides but still means the lender absorbs the property and any loss in value, which matters to investors because it affects a lender’s asset quality, potential recovery rates and future cash flows.
non-voting membership interest financial
"a 99.9% non-voting membership interest"

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What is FUNC's dividend amount and payment date?
FUNC declared a cash dividend of $0.28 per share, payable November 2, 2026, to holders of record at the close of business October 19, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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false 0000763907 0000763907 2026-09-23 2026-09-23 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

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): September 23, 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 September 23, 2026, First United Corporation (the “Corporation”) announced that its Board of Directors declared a cash dividend of $.28 per share that will be paid on November 2, 2026, to holders of record of the Corporation’s common stock as of the close of business on October 19, 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 September 23, 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:  September 24, 2026 By: /s/ Tonya K. Sturm
    Tonya K. Sturm
    Executive Vice President & CFO

 

 

Exhibit 99.1

 

FIRST UNITED CORPORATION

ANNOUNCES FOURTH QUARTER 2026 DIVIDEND

 

Oakland, Maryland, September 23, 2026 – First United Corporation (NASDAQ: FUNC) announces that its Board of Directors declared a cash dividend of $.28 per share that will be paid on November 2, 2026, to holders of record of the Corporation’s common stock as of the close of business on October 19, 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.

 

 

Source: View Original Filing on SEC EDGAR

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