Director Irvin Robert Rudy receives 1,000-share award in First United Corp (FUNC)
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
Key Figures
Shares granted: 1,000 shares
Grant price: $0.00 per share
Shares owned after grant: 38,500 shares
3 metrics
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
Key Terms
Common Stock, Grant, award, or other acquisition, non-derivative, direct ownership
4 terms
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""
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.
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.