First United Corp retired director reports dividend buys

First United Corp (FUNC) reporting person Carissa Lynn Rodeheaver, a retired director, recorded two dividend-reinvestment purchases of common stock on August 3, 2026, totaling 139.9375 shares at per-share prices of $45.32 and $45.84.

Rhea-AI Filing Summary

First United Corp (FUNC) reporting person Carissa Lynn Rodeheaver, a retired director, recorded two dividend-reinvestment purchases of common stock on August 3, 2026, totaling 139.9375 shares at per-share prices of $45.32 and $45.84. Indirect holdings after these updates were 87.3475 shares held by her spouse as UTMA custodian for their son and 948.9095 shares held through a 401(k) plan, with each indirect position including additional shares acquired under the company’s Dividend Reinvestment and Stock Purchase Plan.

Insider Trade Summary

Net Buyer: 139.9375 shares

Net Buy 4 txns

Insider Rodeheaver Carissa Lynn

Role Insider

Bought 139.9375 shs ($6K)

Type	Security	Shares	Price	Value
Purchase	Common Stock F1, F2	36.8835	$45.32	$2K
Purchase	Common Stock F1	103.054	$45.84	$5K
holding	Common Stock F3	--	--	--
holding	Common Stock F4	--	--	--

Holdings After Transaction: Common Stock — 49,010.4876 shares (Direct); Common Stock — 87.3475 shares (Indirect, By spouse as UTMA custodian for son); Common Stock — 948.9095 shares (Indirect, By 401(k) plan)

Footnotes (4)

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 141.7448 shares acquired with reinvested dividends pursuant to the First United Corporation Dividend Reinvestment and Stock Purchase Plan (the "DRSPP") since the date of the last report.
3. F3. Amount includes 0.5101 shares acquired with reinvested dividends pursuant to the DRSPP since the date of the last report.
4. F4. Amount includes 6.6145 shares acquired with reinvested dividends pursuant to the DRSPP since the date of the last report.

Key Figures

Common shares purchased: 139.9375 shares Purchase price per share (lot 1): $45.32 per share Purchase price per share (lot 2): $45.84 per share +5 more

8 metrics

Common shares purchased 139.9375 shares Total common stock purchased on August 3, 2026 via dividend reinvestment

Purchase price per share (lot 1) $45.32 per share 36.8835 shares of common stock purchased on August 3, 2026

Purchase price per share (lot 2) $45.84 per share 103.0540 shares of common stock purchased on August 3, 2026

Indirect UTMA holdings 87.3475 shares Common stock held indirectly by spouse as UTMA custodian for son after August 3, 2026

Indirect 401(k) holdings 948.9095 shares Common stock held indirectly through a 401(k) plan after August 3, 2026

DRSPP dividends added (direct) 141.7448 shares Shares acquired with reinvested dividends under DRSPP since the last report, included in a direct holdings amount

DRSPP dividends added (UTMA) 0.5101 shares Additional DRSPP dividend reinvestment shares included in UTMA custodial holdings since the last report

DRSPP dividends added (401(k)) 6.6145 shares Additional DRSPP dividend reinvestment shares included in 401(k) holdings since the last report

Key Terms

dividend reinvestment program, Dividend Reinvestment and Stock Purchase Plan, DRSPP, UTMA custodian, +1 more

5 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.

Dividend Reinvestment and Stock Purchase Plan financial

"First United Corporation Dividend Reinvestment and Stock Purchase Plan (the "DRSPP")"

A dividend reinvestment and stock purchase plan lets investors automatically use cash dividends to buy additional shares and often make extra share purchases directly from the company, usually at low or no commission. Think of it as an automatic savings plan for stock: dividends and optional contributions are turned into more shares, helping ownership grow through compounding and making regular investing simple and low-cost—key for long-term investors.

DRSPP financial

"Amount includes 6.6145 shares acquired with reinvested dividends pursuant to the DRSPP"

UTMA custodian financial

"By spouse as UTMA custodian for son"

401(k) plan financial

"Amount includes 6.6145 shares acquired with reinvested dividends pursuant to the DRSPP 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider share purchases did Carissa Lynn Rodeheaver report for FIRST UNITED CORP/MD/ (FUNC)?

Carissa Lynn Rodeheaver reported two purchases totaling 139.9375 common shares of First United Corp on August 3, 2026. The transactions were classified as purchases and were executed through a dividend reinvestment program linked to her brokerage account.

At what prices were the FUNC shares acquired in Rodeheaver’s latest Form 4 filing?

Rodeheaver acquired First United Corp shares at $45.32 and $45.84 per share. The purchases covered 36.8835 shares at $45.32 and 103.0540 shares at $45.84, all designated as common stock transactions on August 3, 2026.

Were the FUNC insider share purchases made under a dividend reinvestment plan?

Yes. The reported 2026 purchases were made pursuant to a dividend reinvestment program offered through a brokerage account. Footnotes also state that additional shares were acquired via the First United Corporation Dividend Reinvestment and Stock Purchase Plan (DRSPP) since the prior report.

What indirect FUNC share holdings does Rodeheaver report after these transactions?

After these updates, Rodeheaver reports 87.3475 shares held indirectly by her spouse as UTMA custodian for their son and 948.9095 shares held indirectly through a 401(k) plan. Both positions include small amounts accumulated via DRSPP dividend reinvestments since the last report.

Is Carissa Lynn Rodeheaver currently an officer or director of FIRST UNITED CORP/MD/ (FUNC)?

No. The reporting person is identified as a “Retired director” and is not flagged as a current officer, director, or 10% owner. The Form 4 reflects her status while still requiring disclosure of her beneficial ownership transactions.

Were Rodeheaver’s FUNC transactions made under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not checked, indicating the transactions were not affirmed as being made pursuant to a Rule 10b5-1 trading plan. However, the purchases were executed through an established dividend reinvestment program and DRSPP participation.

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

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Available on EDGAR 08/05/2026 - 08:32 AM Accepted by SEC EDGAR 08/05/2026 - 08:32 AM Learn about SEC filing dates

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

X

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 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)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Retired director

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		36.8835(1)	A	$45.32	48,907.4336(2)	D
Common Stock	08/03/2026		P		103.054(1)	A	$45.84	49,010.4876	D
Common Stock								87.3475(3)	I	By spouse as UTMA custodian for son
Common Stock								948.9095(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 141.7448 shares acquired with reinvested dividends pursuant to the First United Corporation Dividend Reinvestment and Stock Purchase Plan (the "DRSPP") since the date of the last report.

3. Amount includes 0.5101 shares acquired with reinvested dividends pursuant to the DRSPP since the date of the last report.

4. Amount includes 6.6145 shares acquired with reinvested dividends pursuant to the DRSPP since the date of the last report.

	/s/ Carissa L. Rodeheaver	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)