First Utd Corp SEC Filings

First United Corp. director Carissa Lynn Rodeheaver increased her stake through multiple transactions in Common Stock. On May 1, 2026, she made two open-market purchases totaling 167.175 shares, buying 123.1390 shares at $38.10 per share and 44.0360 shares at $37.70 per share. A footnote explains these shares were purchased pursuant to a dividend reinvestment program through her brokerage account, indicating the activity is tied to automatic reinvestment of dividends rather than discretionary trading. In addition, she indirectly holds 942.2949 shares through a 401(k) plan and 86.8373 shares held by her spouse as UTMA custodian for their son, with these balances including small amounts acquired via reinvested dividends under the company’s Dividend Reinvestment and Stock Purchase Plan.

BlackRock, Inc. files Amendment No. 1 to a Schedule 13G/A reporting beneficial ownership of 324,758 shares of First United Corp Common Stock. The filing states this equals 4.99% of the class, with 319,470 shares of sole voting power and 324,758 shares of sole dispositive power. The signature is dated 04/27/2026.

First United Corporation reported stronger first quarter 2026 results, with higher earnings, margin expansion and stable credit quality. GAAP net income rose to $6.7 million, or $1.03 per diluted share, up from $5.8 million, or $0.89, a year earlier. Non-GAAP net income was $6.6 million, or $1.02 per diluted share.

Return on average assets reached 1.29% and return on average equity was 13.06%. Net interest income increased to $18.1 million, helped by an 8 basis-point sequential increase in the non-GAAP net interest margin to 3.83% as funding costs declined and loan yields improved. Other operating income grew to $5.2 million, supported by trust and brokerage fees and higher bank-owned life insurance income.

Total assets were $2.04 billion at March 31, 2026, with gross loans of $1.53 billion and deposits of $1.75 billion. Asset quality remained strong: the allowance for credit losses stood at $20.0 million, or 1.31% of loans, net charge-offs were only 0.05% of average loans, and nonperforming assets were 0.42% of total assets. Capital ratios stayed well above regulatory "well-capitalized" levels, and tangible book value per share increased to $30.08.

First United Corporation offers 706,464 shares of common stock pursuant to its Dividend Reinvestment and Stock Purchase Plan (the "Plan"). The prospectus dated April 15, 2026 explains that participants may reinvest cash dividends and make optional cash investments ($50 minimum; $100,000 per calendar quarter) to acquire shares, which may be newly issued, purchased in the open market, or acquired in negotiated transactions. The price for newly issued shares is 100% of "fair market value," defined as the 20‑trading‑day average of the high and low on The NASDAQ Global Select Market; the 20‑day average was $37.13 and the closing price was $37.69 on April 15, 2026. The prospectus states that we will receive net proceeds only when newly issued shares are sold under the Plan and that 1,020,141 shares have been authorized under the Plan since inception, of which 276,003 were previously sold.

First United Corporation files a post-effective amendment converting its registration statement back to Form S-1 and updates a prospectus to offer 706,464 shares of common stock under its Dividend Reinvestment and Stock Purchase Plan.

The prospectus states up to 1,020,141 shares were authorized for the Plan since inception and 276,003 shares were previously sold; proceeds from newly issued shares will be added to general corporate funds.

The Vanguard Group filed an Amendment No. 1 to a Schedule 13G reporting for First United Corp Common Stock. The filing states an amount beneficially owned: 0 and percent of class: 0%. The amendment explains an internal realignment effective January 12, 2026, after which subsidiaries of The Vanguard Group will report holdings separately in reliance on SEC Release No. 34-39538 (January 12, 1998).

The signature block shows the form was signed by Ashley Grim, Head of Global Fund Administration on 03/26/2026.

First United Corporation is asking shareholders to vote at its 2026 Annual Meeting on May 7, 2026 in Oakland, Maryland. Shareholders will elect 10 directors, including new CEO Jason B. Rush, and consider an amendment to the charter to lower approval thresholds for certain shareholder actions from two-thirds to a majority of votes entitled to be cast.

Investors will also cast non-binding advisory votes on 2025 executive pay and on how often future say‑on‑pay votes should occur, and will vote on ratifying Crowe, LLP as auditor for 2026. The record date is February 27, 2026, when 6,501,382 common shares were outstanding. The Board unanimously recommends voting for all director nominees, for Proposals 2, 3 and 5, and for every 1 year on Proposal 4.

FIRST UNITED CORP/MD/ executive Robert L. Fisher II received a stock award and surrendered shares for taxes. On this Form 4, he acquired 526 shares of common stock at no cost upon vesting of time-vesting restricted stock units granted on March 15, 2023. He then surrendered 178 shares at a value of $35.99 per share back to the company to satisfy tax withholding obligations related to that vesting, a non-market, compensation-related disposition. After these transactions, he directly owns 14,501 shares of common stock.