First United Corporation’s SEC filings document a Maryland bank holding company with common stock listed on the Nasdaq Stock Market under FUNC. Recent 8-K reports furnish operating results, dividend announcements, annual meeting materials, officer appointments, and executive compensation arrangements tied to the company and its bank subsidiary, First United Bank & Trust.
Proxy materials and related governance filings cover director elections, executive compensation, equity awards, pay-versus-performance disclosures, and shareholder meeting matters. The filing record also reflects the company’s capital structure as a public bank holding company and its formal disclosures around community banking, wealth management, risk oversight, and board-level compensation programs.
Chadha Sanu reported acquisition or exercise transactions in this Form 4 filing.
FIRST UNITED CORP/MD/ director Sanu Chadha received a grant of 1,263 shares of Common Stock on May 27, 2026. This was a stock award, not an open-market purchase, at a stated price of $0.00 per share. After the grant, Chadha directly owns 9,862 shares.
Walls H Andrew III reported acquisition or exercise transactions in this Form 4 filing.
FIRST UNITED CORP/MD/ director Walls H Andrew III received a grant of 1,000 shares of Common Stock on May 27, 2026. The award carried a price of $0.00 per share, indicating it was compensation rather than a market purchase. Following this grant, he directly holds 52,079 shares of the company.
First United Corp. director Irvin Robert Rudy received a grant of 1,000 shares of Common Stock, recorded at a price of $0.00 per share, as a stock award. After this compensation-related acquisition, he directly owns a total of 38,500 Common Stock shares.
FIRST UNITED CORP/MD/ director Beth Moran received a grant of 1,000 shares of Common Stock. The shares were acquired on a non-cash basis at a stated price of $0.00 per share, increasing her direct holdings to 28,952 shares after the transaction.
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.
First United Corporation reported a leadership change on May 27, 2026. Its Board of Directors appointed Jason B. Rush, age 55, to serve as Chairman of the Board. He was recently elected as a director at the 2026 annual meeting held on May 7, 2026.
Rush already serves as the company’s President and Chief Executive Officer, roles he assumed effective January 1, 2026, after a long career at First United dating back to 1993. The company notes there have been no related-party transactions with him requiring disclosure under Item 404(a) of Regulation S-K.
First United Corporation filed an amended report to update shareholders on voting results from its 2026 annual meeting and to confirm how often it will hold advisory pay votes. Shareholders elected 10 directors and approved an amendment to the charter to reduce the votes required for certain shareholder actions.
Investors also supported 2025 executive compensation in a non-binding vote and strongly favored holding future Say-on-Pay Votes every year. The board later decided that Say-on-Pay Votes will continue to be held annually. Shareholders ratified Crowe LLP as independent auditor for the 2026 fiscal year.
First United Corp. EVP & CFO Tonya K. Sturm reported a routine tax-related share disposition. On May 20, 2026, she surrendered 133 shares of Common Stock at $36.88 per share to the company to satisfy tax withholding obligations tied to the vesting of time-vesting restricted stock units that were granted on May 20, 2024. After this non-market transaction, she directly holds 11,775.5977 shares of First United Corp. common stock.
FIRST UNITED CORP/MD/ executive Keith Sanders filed an amended insider report showing a routine tax-related share disposition. The amendment corrects the transaction date on a prior Form 4. On the corrected date, 120 shares of common stock were surrendered to the company at $36.88 per share to satisfy tax withholding obligations tied to the vesting of time-vesting restricted stock units granted on May 20, 2024. After this tax-withholding disposition, Sanders directly held 15,341.8195 shares of common stock.
FIRST UNITED CORP/MD/ executive Keith Sanders reported a routine tax-withholding share disposition. On May 20, he surrendered 120 shares of common stock at $36.88 per share to the issuer to satisfy tax withholding obligations tied to vesting restricted stock units. After this transaction, he directly holds 15,341.8195 shares of common stock.