[Form 4] FIRST UNITED CORP/MD/ Insider Trading Activity

Rhea-AI Filing Summary

Chadha Sanu reported acquisition or exercise transactions in this Form 4 filing.

FIRST UNITED CORP/MD/ director Sanu Chadha received a grant of 1,263 shares of Common Stock on May 27, 2026. This was a stock award, not an open-market purchase, at a stated price of $0.00 per share. After the grant, Chadha directly owns 9,862 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Chadha Sanu

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,263	$0.00	--

Holdings After Transaction: Common Stock — 9,862 shares (Direct, null)

Footnotes (1)

Key Figures

Shares granted: 1,263 shares Grant price per share: $0.00 per share Shares owned after grant: 9,862 shares +1 more

4 metrics

Shares granted 1,263 shares Common Stock grant on May 27, 2026

Grant price per share $0.00 per share Stated value of stock award

Shares owned after grant 9,862 shares Total direct holdings following transaction

Transaction code A Grant, award, or other acquisition of Common Stock

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.

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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^*

Chadha Sanu

(Last) (First) (Middle)

19 S. 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		1,263	A	$0	9,862	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 FUNC director Sanu Chadha report?

Director Sanu Chadha reported receiving a grant of 1,263 shares of FIRST UNITED CORP/MD/ Common Stock. The award was recorded at $0.00 per share and reflects a compensation-related acquisition, not an open-market trade in the company’s stock.

Was the FUNC Form 4 transaction a stock purchase or a grant?

The Form 4 shows a stock grant, not a market purchase. Code "A" indicates a "Grant, award, or other acquisition," meaning the 1,263 shares were awarded as compensation rather than bought on the open market by the director.

How many FIRST UNITED CORP/MD/ shares does Sanu Chadha own after this grant?

After the reported grant, Sanu Chadha directly owns 9,862 shares of FIRST UNITED CORP/MD/ Common Stock. This total includes the newly awarded 1,263 shares and represents the director’s direct holdings immediately following the reported transaction.

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

Transaction code "A" on the Form 4 is defined as a grant, award, or other acquisition of securities. For FUNC, it indicates that Sanu Chadha received 1,263 Common Stock shares as a stock award rather than executing a traditional buy or sell order.

Did the FUNC director pay cash for the 1,263 share award?

No cash payment is shown for the award; the shares are listed at $0.00 per share. This reflects a compensation-related stock grant to director Sanu Chadha, instead of an open-market purchase funded with personal cash.