Director Patricia Milon awarded 1,000 First United (FUNC) shares

Rhea-AI Filing Summary

First United Corp. director Patricia Milon received a grant of 1,000 shares of Common Stock on May 27, 2026. The shares were acquired at a stated price of $0.00 per share, indicating a non-cash award rather than an open‑market purchase. Following this grant, Milon directly holds 11,481 shares of First United Corp. common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Milon Patricia

Role null

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

Holdings After Transaction: Common Stock — 11,481 shares (Direct, null)

Footnotes (1)

Key Figures

Shares granted: 1,000 shares Grant price: $0.00 per share Shares held after: 11,481 shares +1 more

4 metrics

Shares granted 1,000 shares Common Stock grant on May 27, 2026

Grant price $0.00 per share Stated transaction price for awarded shares

Shares held after 11,481 shares Total direct holdings following the grant

Transaction code A Grant, award, or other acquisition of shares

Key Terms

Grant, award, or other acquisition, Common Stock, non-derivative

3 terms

Grant, award, or other acquisition financial

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

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.

non-derivative financial

""transaction_type": "non-derivative""

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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^*

Milon Patricia

(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		1,000	A	$0	11,481	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 did Patricia Milon report in her latest Form 4 for FUNC?

Patricia Milon reported receiving a grant of 1,000 shares of First United Corp. Common Stock. The award was recorded at $0.00 per share and increased her direct holdings to 11,481 shares following the transaction on May 27, 2026.

Was Patricia Milon’s May 27, 2026 FUNC transaction a stock purchase?

No, the Form 4 shows a grant or award acquisition of 1,000 FUNC Common Stock shares, not an open‑market purchase. The transaction code was A, indicating a grant, with a reported price of $0.00 per share on May 27, 2026.

How many First United Corp. (FUNC) shares does Patricia Milon now hold?

After the reported grant, Patricia Milon directly holds 11,481 shares of First United Corp. Common Stock. This reflects the addition of 1,000 awarded shares on May 27, 2026, as disclosed in the Form 4 filing for the director.

What does transaction code A mean in Patricia Milon’s FUNC Form 4?

Transaction code A in Patricia Milon’s Form 4 indicates a grant, award, or other acquisition of shares. In this case, it covers 1,000 FUNC Common Stock shares received at a stated price of $0.00 per share on May 27, 2026.

Is Patricia Milon’s 1,000‑share FUNC grant a derivative transaction?

No, the filing classifies the 1,000‑share grant as a non‑derivative Common Stock transaction. There are no accompanying derivative transactions or remaining derivative positions listed in the derivative summary section of this Form 4.