Director Brian R. Boal awarded 1,395 FUNC shares, now holds 22,312
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Boal Brian R. reported acquisition or exercise transactions in this Form 4 filing.
FIRST UNITED CORP/MD/ director Brian R. Boal received a grant of 1,395 shares of Common Stock as compensation. The award was recorded at a price of $0.00 per share, indicating it was a non-cash grant. After this transaction, Boal directly owns 22,312.408 shares of the company’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Boal Brian R.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,395 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 22,312.408 shares (Direct, null)
Footnotes (1)
Key Figures
Shares granted: 1,395 shares
Grant price per share: $0.00 per share
Total shares after transaction: 22,312.408 shares
+1 more
4 metrics
Shares granted
1,395 shares
Common Stock grant to director Brian R. Boal
Grant price per share
$0.00 per share
Stated transaction price for awarded shares
Total shares after transaction
22,312.408 shares
Boal’s direct Common Stock holdings following the grant
Transaction code
A
Grant, award, or other acquisition of non-derivative Common Stock
Key Terms
Grant, award, or other acquisition, Common Stock, Form 4, non-derivative
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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.
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.
non-derivative financial
"transaction_type: non-derivative"
FAQ
What insider transaction did FIRST UNITED CORP/MD/ (FUNC) report for Brian R. Boal?
FIRST UNITED CORP/MD/ reported that director Brian R. Boal received a grant of 1,395 shares of Common Stock. The award was recorded at a price of $0.00 per share, increasing his direct ownership to 22,312.408 shares.
Was the FUNC insider transaction by Brian R. Boal a purchase or a grant?
The FUNC insider transaction for Brian R. Boal was a grant or award, not an open-market purchase. He acquired 1,395 shares of Common Stock at a stated price of $0.00 per share as compensation, increasing his direct holdings.
What does transaction code "A" mean in the FUNC Form 4 for Brian R. Boal?
In this FUNC Form 4, transaction code “A” indicates a grant, award, or other acquisition of shares. Brian R. Boal received 1,395 Common Stock shares as a grant at a stated price of $0.00 per share, rather than buying them on the open market.
Is the Brian R. Boal FUNC Form 4 transaction a derivative or common stock award?
The Brian R. Boal FUNC Form 4 transaction involves non-derivative Common Stock. He was granted 1,395 shares directly, with no associated exercise or expiration terms, and his direct Common Stock holdings increased to 22,312.408 shares after the grant.