Small automatic share sale reported by First United Corp (FUNC) SVP & COO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FIRST UNITED CORP/MD/ executive Anthony James Tasker reported a small automatic share sale linked to a plan change. On February 4, 2026, a fractional amount of 0.8456 shares of common stock was sold in an open-market transaction at $39.15 per share after his participation in the First United Corporation Dividend Reinvestment and Stock Purchase Plan was inadvertently terminated. Following this sale and including 2 shares acquired through the plan since the last report, Tasker directly owned 334 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 0.846 shares ($33)
Net Sell
1 txn
Insider
Tasker Anthony James
Role
SVP & COO
Sold
0.846 shs ($33.11)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 0.846 | $39.15 | $33.11 |
Holdings After Transaction:
Common Stock — 334 shares (Direct)
Footnotes (1)
- The fraction of a share was automatically sold in connection with the reporting person's inadvertent termination of his participation in the First United Corporation Dividend Reinvestment and Stock Purchase Plan (the "DRSPP"). Amount includes 2 shares of common stock acquired pursuant to the First United Corporation Dividend Reinvestment and Stock Purchase Plan since the date of the last report.
FAQ
What insider transaction did FIRST UNITED CORP/MD/ (FUNC) report for Anthony James Tasker?
FIRST UNITED CORP/MD/ reported that SVP & COO Anthony James Tasker had a fractional 0.8456 shares of common stock sold at $39.15 per share. The transaction was an open-market sale triggered automatically by changes in his dividend reinvestment plan participation.
Was the FUNC insider sale by Anthony James Tasker a discretionary trade?
The sale of 0.8456 shares of FIRST UNITED CORP/MD/ common stock was described as automatically executed. It occurred in connection with Tasker’s inadvertent termination of participation in the company’s Dividend Reinvestment and Stock Purchase Plan, rather than a discretionary open-market decision.
What role does Anthony James Tasker hold at FIRST UNITED CORP/MD/ (FUNC)?
Anthony James Tasker serves as Senior Vice President & Chief Operating Officer (SVP & COO) of FIRST UNITED CORP/MD/. His position is disclosed in the insider ownership section that accompanies the Form 4 reporting this fractional share sale and updated direct share holdings.
How does the dividend reinvestment plan factor into Anthony James Tasker’s FUNC holdings?
Footnotes state that Tasker’s direct holdings include 2 shares acquired through the First United Corporation Dividend Reinvestment and Stock Purchase Plan since his last report. The fractional 0.8456-share sale occurred automatically when his plan participation was inadvertently terminated.