FUNC CEO buys shares via dividend program

First United Corp. President & CEO Jason Barry Rush reported an open-market purchase of 76.081 shares of common stock at $38.10 per share.

Accepted by SEC EDGAR 05/05/2026 - 12:53 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

First United Corp. President & CEO Jason Barry Rush reported an open-market purchase of 76.081 shares of common stock at $38.10 per share. After this transaction, he directly owns 27,166.8393 shares. The filing notes the shares were purchased through a brokerage dividend reinvestment program, and his reported holdings include an additional 90.5652 shares acquired with reinvested dividends since the prior report.

Insider Trade Summary

Net Buyer: 76.081 shares

Net Buy 1 txn

Insider Rush Jason Barry

Role President & CEO

Bought 76.081 shs ($3K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	76.081	$38.10	$3K

Holdings After Transaction: Common Stock — 27,166.8393 shares (Direct)

Footnotes (2)

1. F1. The shares were purchased pursuant to a dividend reinvestment program offered through a brokerage account maintained by the reporting person.
2. F2. Amount includes 90.5652 shares acquired with reinvested dividends pursuant to the First United Corporation Dividend Reinvestment and Stock Purchase Plan since the date of the last report.

Key Figures

Shares purchased: 76.081 shares Purchase price: $38.10 per share Shares owned after transaction: 27,166.8393 shares +3 more

6 metrics

Shares purchased 76.081 shares Common Stock bought on 2026-05-01

Purchase price $38.10 per share Open-market purchase price

Shares owned after transaction 27,166.8393 shares Direct ownership after reported trade

Dividend reinvestment shares 90.5652 shares Acquired with reinvested dividends since last report

Total buy transactions 1 transaction BuyCount in transactionSummary

Net shares bought 76.081 shares Net-buy direction in transactionSummary

Key Terms

dividend reinvestment program, Dividend Reinvestment and Stock Purchase Plan, open-market purchase, Form 4

4 terms

dividend reinvestment program financial

"The shares were purchased pursuant to a dividend reinvestment program offered through a brokerage account"

A dividend reinvestment program lets investors automatically use cash dividends to buy more shares of the same company instead of taking the money as cash. Think of it like an automatic savings plan that turns small payouts into additional ownership, often including fractional shares, which can speed up compound growth and reduce the need for manual buying decisions — a convenience that can boost long-term returns for shareholders.

Dividend Reinvestment and Stock Purchase Plan financial

"acquired with reinvested dividends pursuant to the First United Corporation Dividend Reinvestment and Stock Purchase Plan"

A dividend reinvestment and stock purchase plan lets investors automatically use cash dividends to buy additional shares and often make extra share purchases directly from the company, usually at low or no commission. Think of it as an automatic savings plan for stock: dividends and optional contributions are turned into more shares, helping ownership grow through compounding and making regular investing simple and low-cost—key for long-term investors.

open-market purchase financial

"transaction_action: open-market purchase"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

Form 4 regulatory

"This Form 4 insider trading report"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did FUNC CEO Jason Barry Rush report?

Jason Barry Rush reported buying 76.081 shares of First United Corp. common stock. The shares were acquired at $38.10 each, increasing his direct ownership as disclosed in this Form 4 insider trading report.

How many FUNC shares does the CEO hold after this Form 4 transaction?

After the reported transaction, Jason Barry Rush directly holds 27,166.8393 shares of First United Corp. common stock. This total reflects his updated ownership position following the latest purchase disclosed in the Form 4 filing.

What was the purchase price per share in the FUNC CEO’s transaction?

The CEO’s reported purchase price was $38.10 per share of First United Corp. common stock. This price applies to the 76.081 shares acquired in the open-market transaction referenced in the Form 4.

Was the FUNC CEO’s share purchase linked to a dividend reinvestment program?

Yes. The filing states the shares were purchased under a dividend reinvestment program in a brokerage account. It also notes his holdings include 90.5652 shares acquired with reinvested dividends since the prior report.

Does the FUNC Form 4 mention additional shares from dividend reinvestment?

The Form 4 explains that 90.5652 shares were acquired using reinvested dividends under the First United Corporation Dividend Reinvestment and Stock Purchase Plan. These dividend shares are included in the CEO’s reported total direct holdings.

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

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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^*

Rush Jason Barry

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

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	05/01/2026		P(1)		76.081	A	$38.1	27,166.8393(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 90.5652 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	05/05/2026
	** 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)