First United Corp (NASDAQ: FUNC) director sells 1,000 shares at $44.58, holds 37,500
Rhea-AI Filing Summary
First United Corp/MD/ director Irvin Robert Rudy reported an open-market sale of 1,000 shares of Common Stock on 2026-07-24 at $44.58 per share. Following this transaction, he directly holds 37,500 shares. The filing indicates the trade was not made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,000 shares
Net Sell
1 txn
Insider
RUDY IRVIN ROBERT
Role
Director
Sold
1,000 shs ($45K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,000 | $44.58 | $45K |
Holdings After Transaction:
Common Stock — 37,500 shares (Direct)
Key Figures
Shares sold: 1,000 shares
Sale price per share: $44.58
Shares held after transaction: 37,500 shares
3 metrics
Shares sold
1,000 shares
Non-derivative sale of Common Stock on 2026-07-24
Sale price per share
$44.58
Price per share for the 1,000-share sale of Common Stock
Shares held after transaction
37,500 shares
Director’s directly owned Common Stock following the sale
Key Terms
Common Stock, Rule 10b5-1, Sale in open market or private transaction
3 terms
Common Stock financial
"security_title: "Common Stock" in the reported non-derivative transaction"
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.
Rule 10b5-1 regulatory
"The document-level Rule 10b5-1 checkbox is explicitly unchecked"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Sale in open market or private transaction financial
"transaction_code_description: "Sale in open market or private transaction""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider trade did FIRST UNITED CORP/MD/ (FUNC) disclose for Irvin Robert Rudy?
FIRST UNITED CORP/MD/ (FUNC) disclosed that director Irvin Robert Rudy sold 1,000 shares of Common Stock on 2026-07-24 at $44.58 per share. After this open-market sale, he directly holds 37,500 shares in the company.
Was the FUNC insider sale reported under a Rule 10b5-1 trading plan?
The Form 4 indicates the transaction was not made under a Rule 10b5-1 trading plan. The document-level Rule 10b5-1 checkbox is explicitly unchecked, meaning the reported 1,000-share sale was not affirmed as executed pursuant to a pre-arranged trading plan.
What type of security did the FUNC director trade in this Form 4 filing?
The FUNC director traded Common Stock of FIRST UNITED CORP/MD/. The Form 4 shows a non-derivative transaction involving the sale of 1,000 Common Stock shares at $44.58 per share, leaving him with 37,500 directly owned shares afterward.