[Form 4] FIRST UNITED CORP/MD/ Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
First United Corp. EVP & CFO Tonya K. Sturm reported a small purchase of common stock. She acquired 2.951 shares on May 1, 2026 at $38.10 per share, described as being bought through a dividend reinvestment program in her brokerage account.
After this transaction, she directly holds 11,908.5977 shares of First United common stock and indirectly holds 5.536 shares through a 401(k) plan. A footnote states that her reported holdings include 64.6479 shares accumulated with reinvested dividends under the First United Corporation Dividend Reinvestment and Stock Purchase Plan since the last report.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2.951 shares ($112)
Net Buy
2 txns
Insider
Sturm Tonya K.
Role
EVP & CFO
Bought
2.951 shs ($112.43)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 2.951 | $38.10 | $112.43 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 11,908.598 shares (Direct, null);
Common Stock — 5.536 shares (Indirect, By 401(k) plan)
Footnotes (1)
- The shares were purchased pursuant to a dividend reinvestment program offered through a brokerage account maintained by the reporting person. Amount includes 64.6479 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.
Key Figures
Shares purchased: 2.951 shares
Purchase price: $38.10 per share
Direct holdings after transaction: 11,908.5977 shares
+2 more
5 metrics
Shares purchased
2.951 shares
Common Stock bought on May 1, 2026
Purchase price
$38.10 per share
Price for 2.951 common shares
Direct holdings after transaction
11,908.5977 shares
Common Stock directly owned after May 1, 2026
Indirect 401(k) holdings
5.536 shares
Common Stock held through 401(k) plan
DRSPP dividend shares since last report
64.6479 shares
Acquired with reinvested dividends under DRSPP
Key Terms
dividend reinvestment program, First United Corporation Dividend Reinvestment and Stock Purchase Plan, Form 4, 401(k) plan
4 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.
First United Corporation Dividend Reinvestment and Stock Purchase Plan financial
"shares acquired with reinvested dividends pursuant to the First United Corporation Dividend Reinvestment and Stock Purchase Plan"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
401(k) plan financial
"total_shares_following_transaction: 5.5360, nature_of_ownership: 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.
