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/MD/ President & CEO Jason Barry Rush reported an acquisition of company stock through a compensation award. On March 16, 2026, he received 502 shares of Common Stock at no purchase price, issued upon vesting of time-based restricted stock units granted on March 15, 2023.
After this award, his direct holdings increased to 27,000.1931 shares of Common Stock. This was a grant/award acquisition rather than an open-market purchase, reflecting routine equity compensation for the chief executive.
First United Corporation is soliciting proxies for its 2026 Annual Meeting of Shareholders to be held at 9:00 a.m. Eastern on May 7, 2026 at First United Operations Center in Oakland, Maryland. The Board asks shareholders to vote to elect ten directors, approve a charter amendment reducing certain shareholder-approval vote thresholds from two-thirds to a majority, cast a non-binding Say-on-Pay vote for 2025 executive compensation, recommend the frequency of future Say-on-Pay votes, and ratify Crowe, LLP as the independent registered public accounting firm for 2026.
The Board unanimously recommends voting FOR all proposals. The record date for voting is February 27, 2026; shares of Common Stock issued and outstanding were 6,501,382 as of that date. Proxy materials, the Proxy Card and the 2025 Annual Report (including the 2025 Form 10-K) will be first sent on or about March 31, 2026.
First United Corporation updated both its long-term and short-term executive incentive plans. For the Long-Term Incentive Plan, performance-vesting restricted stock units now use return on average equity and tangible book value per share growth measured against a custom peer group of 103 similarly sized publicly traded banks, with payouts tied to 25th, 50th, and 75th percentile performance levels.
For the Short-Term Incentive Plan, 2026 cash awards for senior executives will depend on return on average assets, efficiency ratio, loan delinquencies, and individual goals. Potential 2026 payouts range from $71,250–$213,750 for CEO Jason B. Rush, $36,796–$110,389 for CFO Tonya K. Sturm, and $39,347–$118,040 for executive Robert L. Fisher, II.
First United Corporation updated its change in control severance arrangement for President and Chief Executive Officer Jason B. Rush. Under a new Second Amended and Restated Agreement tied to the company’s Change in Control Severance Plan, his cash severance multiple increases from 2.0 times to 2.99 times his defined “Final Pay” if he experiences a qualifying severance after a change in control. The agreement is dated March 11, 2026 and is filed as an exhibit to this report.
Tasker Anthony James reported acquisition or exercise transactions in this Form 4 filing.
First United Corp. senior vice president and COO Anthony James Tasker received an equity award of 465 shares of common stock in the form of restricted stock units. This compensation-related grant increased his direct holdings to 988 shares after the transaction.
The RSUs will vest in equal annual installments over three years beginning on March 6, 2027, as long as he remains employed on each vesting date. This filing reflects a routine stock-based compensation grant rather than an open-market stock purchase.
Fisher Robert L. II reported acquisition or exercise transactions in this Form 4 filing.
First United Corp executive Robert L. Fisher II received an award of 875 restricted stock units of Common Stock as compensation. The RSUs were granted at no cash cost and each unit represents the right to receive one share of First United common stock.
According to the award terms, the RSUs will vest in equal installments over three years beginning on March 6, 2027, provided he remains employed on each vesting date. Following this grant, his directly held common stock position reported in the filing is 14,153 shares.
Rush Jason Barry reported acquisition or exercise transactions in this Form 4 filing.
First United Corporation President & CEO Jason Barry Rush received an equity grant of 1,252 restricted stock units, each representing one share of common stock. The RSUs vest ratably over three years beginning on March 6, 2027, contingent on continued employment.
Following this grant, Rush directly holds 26,498.193 shares of First United common stock. This is a routine compensation-related award, not an open-market purchase or sale.
Sanders Keith reported acquisition or exercise transactions in this Form 4 filing.
FIRST UNITED CORP/MD/ EVP & Chief Wealth Officer Keith Sanders received an equity award of 735 restricted stock units representing common stock. The RSUs vest in equal installments over three years beginning on March 6, 2027, contingent on continued employment on each vesting date. Following this grant, Sanders directly holds 15,182.8195 shares of common stock.
Peterson Julie W reported acquisition or exercise transactions in this Form 4 filing.
FIRST UNITED CORP/MD/ SVP & Chief Credit Officer Julie W. Peterson received an equity award of 651 shares of Common Stock in the form of restricted stock units. These RSUs each represent the contingent right to receive one share and will vest ratably over three years beginning on March 6, 2027, subject to continued employment. After this grant, Peterson directly holds a total of 1,603.2413 Common Stock shares.
Sturm Tonya K. reported acquisition or exercise transactions in this Form 4 filing.
First United Corporation EVP & CFO Tonya K. Sturm reported a grant of 819 restricted stock units, each representing one share of common stock. The RSUs vest ratably over three years beginning on March 6, 2027, if she remains employed on each vesting date. Following this award, she holds 11556.9988 shares directly and 5.4999 shares indirectly through a 401(k) plan.