First United Corp (FUNC) CEO adds to stake through dividend reinvestment

Rhea-AI Filing Summary

First United Corp/MD/ Chairman, President & CEO Jason Barry Rush purchased 63.671 shares of common stock on August 3, 2026 at $45.84 per share through a dividend reinvestment program. Following this automatic purchase, he directly owns 27,311.0447 shares, including 80.5343 shares from reinvested dividends since the prior report.

Insider Trade Summary

Net Buyer: 63.671 shares

Net Buy 1 txn

Insider Rush Jason Barry

Role Chairman, President & CEO

Bought 63.671 shs ($3K)

Type	Security	Shares	Price	Value
Purchase	Common Stock F1, F2	63.671	$45.84	$3K

Holdings After Transaction: Common Stock — 27,311.0447 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 80.5343 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: 63.671 shares Purchase price: $45.84 per share Direct holdings after transaction: 27,311.0447 shares +2 more

5 metrics

Shares purchased 63.671 shares Common stock acquired on 2026-08-03 via dividend reinvestment program

Purchase price $45.84 per share Price for 63.671 shares of common stock on 2026-08-03

Direct holdings after transaction 27,311.0447 shares Total common shares directly owned by Jason Barry Rush after the purchase

DRIP shares since last report 80.5343 shares Shares acquired with reinvested dividends under the Dividend Reinvestment and Stock Purchase Plan

Net shares bought in filing 63.671 shares Net-buy direction in transaction summary for this Form 4

Key Terms

dividend reinvestment program, First United Corporation Dividend Reinvestment and Stock Purchase Plan, open market or private transaction

3 terms

dividend reinvestment program financial

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

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

"shares acquired with reinvested dividends pursuant to the First United Corporation Dividend Reinvestment"

open market or private transaction financial

"transaction code description: Purchase in open market or private transaction"

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/05/2026 - 08:25 AM Accepted by SEC EDGAR 08/05/2026 - 08:25 AM Learn about SEC filing dates

FAQ

What insider transaction did FIRST UNITED CORP/MD/ (FUNC) report?

FIRST UNITED CORP/MD/ reported that Jason Barry Rush, its Chairman, President & CEO, bought 63.671 shares of common stock on August 3, 2026 at $45.84 per share through a dividend reinvestment program, increasing his directly held stake in the company.

How many shares of FUNC common stock does Jason Barry Rush now hold?

After the reported transaction, Jason Barry Rush directly holds 27,311.0447 shares of First United Corp/MD/ common stock. This figure includes 80.5343 shares that were acquired with reinvested dividends under the company’s Dividend Reinvestment and Stock Purchase Plan since the last report.

At what price were the new FUNC shares acquired by the CEO?

The 63.671 newly acquired FUNC shares were purchased at $45.84 per share. The acquisition occurred on August 3, 2026 and was executed via a dividend reinvestment program in a brokerage account maintained by Jason Barry Rush, rather than a discretionary market trade.

Was the FUNC CEO's share purchase part of a dividend reinvestment plan?

Yes. The filing states the shares were bought pursuant to a dividend reinvestment program in a brokerage account. It also notes that his total holdings now include 80.5343 shares acquired with reinvested dividends under the First United Corporation Dividend Reinvestment and Stock Purchase Plan.

Did Jason Barry Rush use a Rule 10b5-1 trading plan for this FUNC transaction?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, meaning the reported purchase was not made under a Rule 10b5-1 trading plan. Instead, it arose automatically through a dividend reinvestment program tied to his brokerage account.

What is the nature of ownership for the FUNC shares held by Jason Barry Rush?

The reported FUNC holdings are listed as direct ownership, coded as “D” in the filing. This means the 27,311.0447 shares of common stock, including those from dividend reinvestment, are directly owned by Jason Barry Rush rather than through an intermediary entity or trust.

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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026

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	08/03/2026		P		63.671(1)	A	$45.84	27,311.0447(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 80.5343 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	08/04/2026
	** 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.
* Form 4: SEC 1474 (03-26)