STOCK TITAN

First United Corp (FUNC) director receives 1,395-share stock grant

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

Rhea-AI Filing Summary

First United Corp. director Christy DiPietro reported an equity grant of common stock. On May 27, 2026, DiPietro acquired 1,395 shares of First United Corp. (FUNC) common stock at a stated price of $0.00 per share, reported as a grant, award, or other acquisition. After this transaction, DiPietro directly owns 16,684 common shares, indicating a routine compensation-related increase rather than an open-market purchase or sale.

Positive

  • None.

Negative

  • None.
Insider DiPietro Christy
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,395 $0.00 --
Holdings After Transaction: Common Stock — 16,684 shares (Direct, null)
Footnotes (1)
Shares granted 1,395 shares Common Stock grant on May 27, 2026
Grant price $0.00 per share Reported transaction price for equity award
Shares owned after 16,684 shares Total direct common shares following transaction
Transaction code A Grant, award, or other acquisition (Form 4 code A)
Transaction direction acquire Classified as grant/award acquisition, not a market buy
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.
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.
Grant, award, or other acquisition regulatory
""transaction_code_description": "Grant, award, or other acquisition""
transaction code A regulatory
""transaction_code": "A""
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4UNITED 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*
DiPietro Christy

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/27/2026A1,395A$016,684D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
/s/ Tonya K. Sturm, attorney-in-fact05/28/2026
** Signature of Reporting PersonDate
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 insider transaction did FIRST UNITED CORP/MD/ (FUNC) report for Christy DiPietro?

FIRST UNITED CORP/MD/ reported that director Christy DiPietro received an equity grant of 1,395 common shares. The Form 4 describes it as a grant, award, or other acquisition, reflecting stock-based compensation rather than an open-market trade.

How many FIRST UNITED CORP/MD/ (FUNC) shares did Christy DiPietro acquire?

Christy DiPietro acquired 1,395 shares of FIRST UNITED CORP/MD/ common stock. These shares were reported with a transaction code for grant, award, or other acquisition, indicating they were given rather than purchased in the market.

At what price were the new FIRST UNITED CORP/MD/ (FUNC) shares granted to Christy DiPietro?

The 1,395 common shares granted to Christy DiPietro were reported at a price of $0.00 per share. This zero price aligns with a stock grant structure, where shares are awarded as compensation instead of bought for cash.

What are Christy DiPietro’s total FIRST UNITED CORP/MD/ (FUNC) holdings after the grant?

Following the 1,395-share grant, Christy DiPietro directly owns 16,684 FIRST UNITED CORP/MD/ common shares. This figure, disclosed in the Form 4, shows her updated direct ownership position after the compensation-related award.

Was the FUNC Form 4 transaction a buy or sell by Christy DiPietro?

The Form 4 transaction for FUNC was neither a market buy nor sell; it was classified as a grant, award, or other acquisition. This means DiPietro received additional shares as compensation, rather than trading them on the open market.