Director at First United (FUNC) receives 1,000-share equity grant in Form 4 filing

Rhea-AI Filing Summary

Walls H Andrew III reported acquisition or exercise transactions in this Form 4 filing.

FIRST UNITED CORP/MD/ director Walls H Andrew III received a grant of 1,000 shares of Common Stock on May 27, 2026. The award carried a price of $0.00 per share, indicating it was compensation rather than a market purchase. Following this grant, he directly holds 52,079 shares of the company.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Walls H Andrew III

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,000	$0.00	--

Holdings After Transaction: Common Stock — 52,079 shares (Direct, null)

Footnotes (1)

Key Figures

Shares granted: 1,000 shares Grant price: $0.00 per share Shares held after grant: 52,079 shares

3 metrics

Shares granted 1,000 shares Equity award on May 27, 2026

Grant price $0.00 per share Compensation-related stock award

Shares held after grant 52,079 shares Director’s direct holdings after transaction

Key Terms

Common Stock, Grant, award, or other acquisition, Form 4

3 terms

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Walls H Andrew III

(Last) (First) (Middle)

19 SOUTH SECOND STREET

(Street)

OAKLAND MARYLAND 21550

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FIRST UNITED CORP/MD/ [ FUNC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/27/2026		A		1,000	A	$0	52,079	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Tonya K. Sturm, attorney-in-fact	05/28/2026
	** Signature of Reporting Person	Date
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)

FAQ

What insider transaction did FIRST UNITED (FUNC) report for Walls H Andrew III?

FIRST UNITED reported that director Walls H Andrew III received a grant of 1,000 shares of Common Stock. The shares were awarded at no cost, indicating a compensation-related grant rather than an open-market purchase, and increased his direct holdings to 52,079 shares.

Was the FUNC insider transaction a stock purchase or a grant?

The transaction for FIRST UNITED director Walls H Andrew III was a share grant, not a market purchase. It is coded as a grant, award, or other acquisition, with a price of $0.00 per share, reflecting equity compensation rather than cash investment in the stock.

How many FIRST UNITED (FUNC) shares does Walls H Andrew III now hold?

After the latest Form 4 transaction, director Walls H Andrew III holds 52,079 shares of FIRST UNITED Common Stock directly. This total reflects the addition of 1,000 granted shares received on May 27, 2026, classified as a compensation-related equity award.

What does transaction code A mean in the FUNC Form 4 filing?

In this FIRST UNITED Form 4, transaction code A indicates a grant, award, or other acquisition of shares. For Walls H Andrew III, it reflects a 1,000-share equity award at $0.00 per share, rather than an open-market buy or sell transaction.

Does the recent FUNC insider grant involve any derivative securities?

The reported transaction for FIRST UNITED director Walls H Andrew III involves only non-derivative Common Stock. The derivative section in the filing shows no remaining derivative positions, so this Form 4 reflects a straightforward stock grant without options or similar instruments.