Director Carissa Rodeheaver (FUNC) adds shares through dividend reinvestment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
First United Corp. director Carissa Lynn Rodeheaver increased her stake through multiple transactions in Common Stock. On May 1, 2026, she made two open-market purchases totaling 167.175 shares, buying 123.1390 shares at $38.10 per share and 44.0360 shares at $37.70 per share. A footnote explains these shares were purchased pursuant to a dividend reinvestment program through her brokerage account, indicating the activity is tied to automatic reinvestment of dividends rather than discretionary trading. In addition, she indirectly holds 942.2949 shares through a 401(k) plan and 86.8373 shares held by her spouse as UTMA custodian for their son, with these balances including small amounts acquired via reinvested dividends under the company’s Dividend Reinvestment and Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 167.175 shares ($6,352)
Net Buy
4 txns
Insider
Rodeheaver Carissa Lynn
Role
null
Bought
167.175 shs ($6K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 44.036 | $37.70 | $2K |
| Purchase | Common Stock | 123.139 | $38.10 | $5K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 47,776.666 shares (Direct, null);
Common Stock — 86.837 shares (Indirect, By spouse as UTMA custodian for son)
Footnotes (1)
- The shares were purchased pursuant to a dividend reinvestment program offered through a brokerage account maintained by the reporting person. Amount includes 144.6260 shares acquired with reinvested dividends pursuant to the First United Corporation Dividend Reinvestment and Stock Purchase Plan since the date of the last report (the "DRSPP"). Amount includes 0.5921 shares acquired with reinvested dividends pursuant to the First United Corporation Dividend Reinvestment and Stock Purchase Plan since the date of the last report. Amount includes 6.145 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 at $38.10: 123.1390 shares at $38.10/share
Shares purchased at $37.70: 44.0360 shares at $37.70/share
Total net shares bought: 167.175 shares
+4 more
7 metrics
Shares purchased at $38.10
123.1390 shares at $38.10/share
Open-market purchase on May 1, 2026
Shares purchased at $37.70
44.0360 shares at $37.70/share
Open-market purchase on May 1, 2026
Total net shares bought
167.175 shares
Net-buy direction in transaction summary
Indirect 401(k) holdings
942.2949 shares
Common Stock held through 401(k) plan
Indirect UTMA holdings
86.8373 shares
Held by spouse as UTMA custodian for son
DRSPP reinvested dividends (main account)
144.6260 shares
Acquired via Dividend Reinvestment and Stock Purchase Plan
DRSPP reinvested dividends (other entries)
0.5921 and 6.145 shares
Additional DRSPP dividend reinvestments since last report
Key Terms
dividend reinvestment program, First United Corporation Dividend Reinvestment and Stock Purchase Plan, 401(k) plan, UTMA custodian
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.
First United Corporation Dividend Reinvestment and Stock Purchase Plan financial
"Amount includes 144.6260 shares acquired with reinvested dividends pursuant to the First United Corporation Dividend Reinvestment and Stock Purchase Plan..."
401(k) plan financial
"nature_of_ownership: By 401(k) plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
UTMA custodian financial
"nature_of_ownership: By spouse as UTMA custodian for son"
FAQ
What insider transactions did Carissa Lynn Rodeheaver report for FIRST UNITED CORP/MD/ (FUNC)?
Carissa Lynn Rodeheaver reported buying 167.175 shares of First United Corp. Common Stock on May 1, 2026. The purchases were 123.1390 shares at $38.10 and 44.0360 shares at $37.70, executed through a dividend reinvestment program in her brokerage account.
What indirect holdings in FUNC does Carissa Lynn Rodeheaver report?
She reports 942.2949 FUNC Common Stock shares held indirectly through a 401(k) plan and 86.8373 shares held indirectly by her spouse as UTMA custodian for their son. These balances also include shares accumulated via reinvested dividends since the prior report.
Does this FUNC Form 4 show any insider sales by Carissa Lynn Rodeheaver?
The Form 4 shows no insider sales. It records two purchases totaling 167.175 shares and additional holding entries, yielding a net-buy direction in the transaction summary. All disclosed activity either increases or reflects existing ownership rather than disposing of FUNC shares.