First United (FUNC) CEO adds shares through dividend reinvestment plan

Rhea-AI Filing Summary

First United Corporation President & CEO Jason Barry Rush increased his direct holdings of First United common stock through a dividend reinvestment program. On February 3, 2026, he acquired 72.576 shares at $39.68 per share, bringing his directly held position to 25,246.193 shares.

The total includes 84.8468 shares accumulated since the prior report through reinvested dividends under the First United Corporation Dividend Reinvestment and Stock Purchase Plan.

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

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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^*

Rush Jason Barry

(Last) (First) (Middle)

19 SOUTH SECOND STREET

(Street)

OAKLAND MD 21550

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
02/03/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	02/03/2026		P		72.576(1)	A	$39.68	25,246.193(2)	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:

1. The shares were purchased pursuant to a dividend reinvestment program offered through a brokerage account maintained by the reporting person.

2. Amount includes 84.8468 shares acquired with reinvested dividends pursuant to the First United Corporation Dividend Reinvestment and Stock Purchase Plan since the date of the last report.

	/s/ Jason B. Rush	02/04/2026
	** 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).
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FAQ

What insider transaction did First United (FUNC) report for Jason Barry Rush?

First United reported that President & CEO Jason Barry Rush acquired 72.576 shares of common stock at $39.68 on February 3, 2026. The purchase occurred through a dividend reinvestment program in a brokerage account he maintains, increasing his directly held position.

How many First United (FUNC) shares does Jason Barry Rush now directly own?

After the reported transaction, Jason Barry Rush directly holds 25,246.193 shares of First United common stock. This figure includes shares bought on February 3, 2026 and additional shares accumulated through dividend reinvestment since the last insider ownership report.

At what price were Jason Barry Rush’s new First United (FUNC) shares acquired?

The newly acquired 72.576 First United common shares were purchased at $39.68 per share. The transaction was executed under a dividend reinvestment program, which automatically uses cash dividends to buy additional company stock at prevailing market prices.

Was the First United (FUNC) insider purchase part of a dividend reinvestment plan?

Yes. The filing states the shares were purchased through a dividend reinvestment program in a brokerage account maintained by Jason Barry Rush. It further notes that his total holdings include 84.8468 shares gained via the company’s Dividend Reinvestment and Stock Purchase Plan.

What do the 84.8468 additional First United (FUNC) shares in the filing represent?

The 84.8468 shares reflect stock acquired with reinvested dividends under First United’s Dividend Reinvestment and Stock Purchase Plan since the last report. These incremental purchases contribute to Jason Barry Rush’s updated total of 25,246.193 directly held common shares.