STOCK TITAN

Director Irvin Robert Rudy receives 1,000-share award in First United Corp (FUNC)

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

Rhea-AI Filing Summary

First United Corp. director Irvin Robert Rudy received a grant of 1,000 shares of Common Stock, recorded at a price of $0.00 per share, as a stock award. After this compensation-related acquisition, he directly owns a total of 38,500 Common Stock shares.

Positive

  • None.

Negative

  • None.
Insider RUDY IRVIN ROBERT
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,000 $0.00 --
Holdings After Transaction: Common Stock — 38,500 shares (Direct, null)
Footnotes (1)
Shares granted 1,000 shares Common Stock grant on 2026-05-27
Grant price $0.00 per share Recorded transaction price for stock award
Shares owned after grant 38,500 shares Total direct Common Stock holdings after transaction
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 financial
"transaction_code_description: "Grant, award, or other acquisition""
non-derivative financial
"transaction_type: "non-derivative""
direct ownership financial
"ownership_type: "direct""
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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*
RUDY IRVIN ROBERT

(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 Stock05/27/2026A1,000A$038,500D
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) disclose for Irvin Robert Rudy?

FIRST UNITED CORP/MD/ reported that director Irvin Robert Rudy received a grant of 1,000 shares of Common Stock. This was a compensation-related acquisition, not an open-market purchase or sale, and increased his directly held share balance.

How many FIRST UNITED CORP/MD/ (FUNC) shares does Irvin Robert Rudy own after this Form 4?

After the reported grant, Irvin Robert Rudy directly owns 38,500 shares of FIRST UNITED CORP/MD/ Common Stock. This total includes the newly granted 1,000 shares and reflects his updated direct ownership position following the award.

Was the FUNC insider transaction a market buy or sell of shares?

The FUNC insider transaction was not a market buy or sell. It is coded as an “A” transaction, meaning a grant, award, or other acquisition of 1,000 Common Stock shares at a recorded price of $0.00 per share.

What does transaction code "A" mean in the FIRST UNITED CORP/MD/ (FUNC) Form 4?

Transaction code “A” on the Form 4 signifies a grant, award, or other acquisition of securities. For FUNC, it indicates that director Irvin Robert Rudy received 1,000 Common Stock shares as a stock award rather than purchasing them on the open market.

Is the Irvin Robert Rudy Form 4 transaction in FIRST UNITED CORP/MD/ (FUNC) a derivative exercise?

No, the Irvin Robert Rudy transaction is not a derivative exercise. It involves Common Stock classified as a non-derivative security, with 1,000 shares granted as an award, and no associated exercise or expiration dates disclosed in the filing.

Does the Form 4 for FIRST UNITED CORP/MD/ (FUNC) show any insider sales by Irvin Robert Rudy?

The Form 4 does not report any insider sales by Irvin Robert Rudy. It records only a single grant transaction of 1,000 Common Stock shares, increasing his direct holdings to 38,500 shares without any dispositions.