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First United (FUNC) director awarded 1,395 new common shares

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

Rhea-AI Filing Summary

First United Corp. director Kevin Hessler received a grant of 1,395.0000 shares of Common Stock on May 27, 2026 as a compensation award, not an open-market purchase. The shares were issued at a price of $0.0000 per share.

After this award, Hessler directly owns 5,572.7168 shares of First United Corp. common stock. This total includes 112.6329 shares acquired through reinvested dividends under the First United Corporation Dividend Reinvestment and Stock Purchase Plan since the prior report.

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Insider Hessler Kevin
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,395 $0.00 --
Holdings After Transaction: Common Stock — 5,572.717 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares granted 1,395.0000 shares Equity award to director on May 27, 2026
Grant price $0.0000 per share Reported price for the 1,395.0000 awarded shares
Total shares after transaction 5,572.7168 shares Director’s direct holdings following the award
Dividend reinvestment shares 112.6329 shares Acquired via Dividend Reinvestment and Stock Purchase Plan
Dividend Reinvestment and Stock Purchase Plan financial
"acquired with reinvested dividends pursuant to the First United Corporation Dividend Reinvestment and Stock Purchase Plan"
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.
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""
Form 4 Insider Transactions: What Each Field Means →
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*
Hessler Kevin
(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 Stock05/27/2026A1,395A$05,572.7168(1)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Amount includes 112.6329 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/ 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did First United Corp (FUNC) report for Kevin Hessler?

First United Corp reported that director Kevin Hessler received a grant of 1,395.0000 shares of Common Stock on May 27, 2026. This was a compensation-related award, not an open-market purchase, and increased his direct holdings in the company.

Was the Kevin Hessler share grant in FUNC an open-market buy or a compensation award?

The transaction was a compensation-related award classified as a grant or other acquisition, not an open-market purchase. The 1,395.0000 shares were issued at $0.0000 per share, reflecting an equity award rather than a cash-funded stock purchase.

How many First United Corp (FUNC) shares does Kevin Hessler own after this transaction?

Following the grant, Kevin Hessler directly owns 5,572.7168 shares of First United Corp Common Stock. This total includes both the newly granted 1,395.0000 shares and prior holdings, some of which were accumulated via dividend reinvestment.

What role did dividend reinvestment play in Kevin Hessler’s FUNC holdings?

Hessler’s holdings include 112.6329 shares acquired through reinvested dividends under the First United Corporation Dividend Reinvestment and Stock Purchase Plan. These shares accumulated automatically since the last report, increasing his ownership without open-market transactions.

What does transaction code A mean in the FUNC Form 4 for Kevin Hessler?

Transaction code A indicates a grant, award, or other acquisition of shares. In this case, 1,395.0000 shares of First United Corp Common Stock were awarded to director Kevin Hessler as part of compensation, at a reported price of $0.0000 per share.