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First United (FUNC) director boosts holdings through dividend reinvestment buys

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

First United Corporation director Carissa L. Rodeheaver increased her holdings of common stock through dividend reinvestment on 02/03/2026. She purchased 41.6553 shares at $39.60 and 117.467 shares at $39.68, pursuant to a dividend reinvestment program.

After these transactions, she directly owned 47,297.0045 shares of common stock. She also had indirect beneficial ownership of 86.2452 shares held by her spouse as UTMA custodian for their son and 936.1499 shares held in a 401(k) plan, which include shares acquired via the First United Corporation Dividend Reinvestment and Stock Purchase Plan since the prior report.

Positive

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Negative

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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*
Rodeheaver Carissa Lynn

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
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(1) 41.6553 A $39.6 46,908.6782(2) D
Common Stock 02/03/2026 P(1) 117.467 A $39.68 47,297.0045 D
Common Stock 86.2452(3) I By spouse as UTMA custodian for son
Common Stock 936.1499(4) I By 401(k) plan
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 139.2209 shares acquired with reinvested dividends pursuant to the First United Corporation Dividend Reinvestment and Stock Purchase Plan since the date of the last report.
3. Amount includes 0.5895 shares acquired with reinvested dividends pursuant to the First United Corporation Dividend Reinvestment and Stock Purchase Plan since the date of the last report.
4. Amount includes 6.7424 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/ Carissa L. Rodeheaver 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).
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.

FAQ

What did First United (FUNC) director Carissa Rodeheaver report on this Form 4?

Carissa L. Rodeheaver reported purchases of First United Corporation common stock through a dividend reinvestment program on 02/03/2026. The filing also updates her directly and indirectly owned share balances, including holdings in a 401(k) plan and an UTMA account.

How many First United (FUNC) shares did the director buy and at what prices?

On 02/03/2026, Carissa L. Rodeheaver bought 41.6553 shares at $39.60 and 117.467 shares at $39.68. Both transactions occurred under a dividend reinvestment program tied to her brokerage account and First United’s dividend plans.

How many First United (FUNC) shares does the director own after these transactions?

Following the reported transactions, Carissa L. Rodeheaver directly owned 47,297.0045 shares of First United common stock. She also had indirect beneficial ownership of 86.2452 shares via an UTMA account and 936.1499 shares through a 401(k) plan.

Were the First United (FUNC) share purchases part of a dividend reinvestment plan?

Yes. The filing notes the shares were bought under a dividend reinvestment program through a brokerage account. Footnotes explain that certain reported share amounts include fractions acquired via the First United Corporation Dividend Reinvestment and Stock Purchase Plan since the last report.

What indirect holdings in First United (FUNC) stock does the director report?

The director reports indirect ownership of 86.2452 shares of common stock held by her spouse as UTMA custodian for their son. She also reports 936.1499 shares held by a 401(k) plan, both balances reflecting reinvested dividends since the previous filing.

Does this Form 4 disclose any sales of First United (FUNC) stock by the director?

No sales are disclosed. The Form 4 lists only purchase transactions coded “P” for common stock acquired on 02/03/2026 via dividend reinvestment, along with updated direct and indirect holdings in various accounts associated with the reporting person.
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