Welcome to our dedicated page for First Utd SEC filings (Ticker: FUNC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
First United Corporation (NASDAQ: FUNC) files a range of documents with the U.S. Securities and Exchange Commission in its role as a publicly traded bank holding company and the parent of First United Bank & Trust. Its common stock is registered under Section 12(b) of the Securities Exchange Act of 1934 and listed on the Nasdaq Stock Market, as noted in multiple Form 8-K filings. This page brings together those SEC filings so that investors can review the company’s regulatory disclosures in one place.
Among the most visible filings for FUNC are its Current Reports on Form 8-K. The company uses Form 8-K to report material events such as quarterly and annual financial results under Item 2.02, dividend declarations under Item 8.01, and the publication of investor presentations under Item 7.01. First United also files 8-Ks for governance matters, including director retirement notices, management succession plans and amendments to its Bylaws under Items 5.02 and 5.03. These filings typically incorporate related press releases or bylaw amendments as exhibits.
In addition to 8-Ks, investors can refer to First United’s periodic reports on Forms 10-K and 10-Q (not reproduced in the provided text but referenced by context) for detailed discussions of its community banking and wealth management segments, loan and deposit composition, net interest income and margin, non-interest income sources such as wealth management fees, and non-interest expenses. These reports also provide risk factor discussions and other disclosures required of a bank holding company in the commercial banking sector.
Stock Titan’s SEC filings page for FUNC is designed to surface these documents as they are made available on EDGAR and to pair them with AI-powered summaries. The AI analysis highlights the key points from lengthy filings, such as changes in net interest margin, trends in loan production and deposit funding, updates on wealth management income, and significant board or management actions disclosed in 8-Ks. Users can also review disclosures related to dividend decisions and any bylaw amendments that affect corporate governance.
For those researching First United Corporation, this page offers a structured view of its regulatory history, from financial condition and results of operations to governance and capital decisions, as reported in its SEC filings.
First United Corp. director buys additional shares via dividend reinvestment
Director Brian R. Boal reported acquiring 74.865 shares of First United Corp. common stock on 02/03/2026 at a price of $39.68 per share. The purchase was made through a dividend reinvestment program in a brokerage account he maintains, bringing his directly held stake to 20,838.928 shares.
First United Corporation director Carissa L. Rodeheaver increased her holdings of common stock through dividend reinvestment on 02/03/2026. She purchased 41.6553 shares at $39.60 and 117.467 shares at $39.68, pursuant to a dividend reinvestment program.
After these transactions, she directly owned 47,297.0045 shares of common stock. She also had indirect beneficial ownership of 86.2452 shares held by her spouse as UTMA custodian for their son and 936.1499 shares held in a 401(k) plan, which include shares acquired via the First United Corporation Dividend Reinvestment and Stock Purchase Plan since the prior report.
First United Corporation filed a current report to share that it has released its financial results for the three- and twelve-month periods ended December 31, 2025. These results are described in a press release dated February 4, 2026, which is furnished as Exhibit 99.1.
The company also made available an investor presentation dated February 4, 2026, discussing aspects of these year-end 2025 results, furnished as Exhibit 99.2. Both exhibits are designated as furnished, not filed, under securities law, which affects how they may be incorporated into other regulatory documents.
First United Corporation appointed Anthony “AJ” Tasker as Senior Vice President and Chief Operating Officer of both the Corporation and First United Bank & Trust, effective January 28, 2026. Tasker has worked at the Bank since 2008 in a series of technology and operations leadership roles, most recently as Managing Director of Operations.
He is entitled to an annual base salary of $175,100 and an incentive bonus opportunity equal to 10% of base salary. The bonus depends on performance goals tied to the Bank’s return on assets (30% weighting), efficiency ratio (50% weighting), and loan delinquencies (20% weighting), and is paid 50% in cash and 50% in First United common stock. The company states there have been no related-party transactions with Tasker requiring disclosure since the 2024 fiscal year began and none are currently proposed for the 2026 fiscal year.
First United Corporation adopted a new stock repurchase program effective January 26, 2026. The program authorizes the company to buy back up to 1,000,000 shares of its common stock, which is about 15.4% of the issued and outstanding shares as of that date, over an 18‑month period.
Shares may be repurchased in open market or privately negotiated transactions at times, amounts and prices determined by the President and CEO, in line with securities laws, including Rule 10b‑18, and the company’s blackout policy. The company emphasizes it might not repurchase any shares; activity will depend on market opportunities, share price and volume, and its capital requirements and plans. Any purchases will be reported in future periodic SEC filings.
BlackRock, Inc. has disclosed a significant ownership position in First United Corp common stock. As of 12/31/2025, BlackRock beneficially owned 329,066 shares, representing 5.1% of the outstanding class. It holds sole voting power over 323,778 shares and sole dispositive power over 329,066 shares, with no shared voting or dispositive authority.
The shares are attributed to certain BlackRock business units under SEC aggregation rules, and various underlying clients or investors have the right to receive dividends or sale proceeds, with no single client holding more than five percent of the total outstanding common shares. BlackRock certifies that the position was acquired and is held in the ordinary course of business and not for the purpose of changing or influencing control of First United Corp.
First United Corporation reports a planned leadership transition effective January 1, 2026. Longtime executive Jason B. Rush, age 54, has been appointed President and Chief Executive Officer of both the Corporation and its bank subsidiary, First United Bank & Trust. In connection with this promotion, his annual base salary was set at $450,000.
Former Chairman, President and CEO Carissa L. Rodeheaver has moved into the role of Executive Chairman. In this position, she will continue to lead the Board and oversee regulatory examinations, year-end reporting, preparation of the Form 10-K and 2026 proxy statement, planning of the 2026 annual shareholders meeting, and the Corporation’s investor relations efforts, while advising the new CEO as requested.
First United Corporation disclosed that its Board of Directors has declared a cash dividend of $0.26 per share on its common stock. The dividend will be paid on February 2, 2026 to shareholders who are on record as of the close of business on January 16, 2026. This cash distribution provides direct income to current shareholders while signaling that the company is in a position to return capital to its owners. The announcement details are also provided in an accompanying press release.
First United Corporation (FUNC) announced a planned CEO transition and a bylaw change. Carissa L. Rodeheaver will retire from all roles at the conclusion of the 2026 annual meeting of shareholders, currently scheduled for May 7, 2026.
To support succession, effective January 1, 2026, the boards intend to increase their size to 11, elect Jason B. Rush as a director, appoint him President and Chief Executive Officer of the Corporation and First United Bank & Trust, and name Ms. Rodeheaver Executive Chairman to advise during the transition. After her retirement, the boards currently plan to reduce their size to 10.
The Board also amended the Bylaws to allow someone other than the Chairman—including the President—to serve as Chief Executive Officer, aligning governance with the succession plan.
First United Corporation (FUNC) reported an insider transaction by its SVP & CFO. On 11/03/2025, the officer purchased 63.674 shares of common stock at $35.15, coded “P.” The filing notes these shares were acquired through a dividend reinvestment program.
Following the transaction, the officer beneficially owned 10,762.7159 shares directly. The filing also lists 5.4603 shares held indirectly by a 401(k) plan. Explanatory notes indicate additional fractional shares were accumulated via dividend reinvestment since the last report.