FIRST UNITED CORP/MD/ Insider Trading Activity

First United Corp. EVP & CFO Tonya K. Sturm reported a small purchase of common stock.

Accepted by SEC EDGAR 05/05/2026 - 01:02 PM EDT Learn about SEC filing dates

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.

Insider Trade Summary

Net Buyer: 2.951 shares

Net Buy 1 txn

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 — 11,908.5977 shares (Direct); Common Stock — 5.536 shares (Indirect, By 401(k) plan)

Footnotes (2)

1. F1. The shares were purchased pursuant to a dividend reinvestment program offered through a brokerage account maintained by the reporting person.
2. F2. 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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4

FORM 4

UNITED 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^*

Sturm Tonya K.

(Last) (First) (Middle)

19 SOUTH 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/01/2026		P(1)		2.951	A	$38.1	11,908.5977(2)	D
Common Stock								5.536(2)	I	By 401(k) plan

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The shares were purchased pursuant to a dividend reinvestment program offered through a brokerage account maintained by the reporting person.

2. 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.

	/s/ Tonya K. Sturm, attorney-in-fact	05/05/2026
	** Signature of Reporting Person	Date
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)