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’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.
FIRST UNITED CORP/MD/ executive Tonya K. Sturm, EVP & CFO, disposed of 89 shares of Common Stock on February 25, 2026 through a tax-withholding transaction. The shares were surrendered to the issuer at $35.42 per share to satisfy tax obligations tied to the vesting of time-vesting restricted stock units granted on February 25, 2025, as permitted by the award agreement and approved by the Compensation Committee. After this disposition, she holds 10,737.9988 Common Stock shares directly and 5.4999 shares indirectly through a 401(k) plan.
FIRST UNITED CORP/MD/ executive Anthony James Tasker reported a small automatic share sale linked to a plan change. On February 4, 2026, a fractional amount of 0.8456 shares of common stock was sold in an open-market transaction at $39.15 per share after his participation in the First United Corporation Dividend Reinvestment and Stock Purchase Plan was inadvertently terminated. Following this sale and including 2 shares acquired through the plan since the last report, Tasker directly owned 334 shares of common stock.
FIRST UNITED CORP/MD/ SVP & COO Anthony James Tasker has filed an initial insider ownership report for the company’s common stock. He reports direct ownership of 332.5569 shares of common stock as of the reported date. The filing does not reflect any recent share purchases or sales, only his existing holdings.
First United Corporation President & CEO Jason Barry Rush increased his direct holdings of First United common stock through a dividend reinvestment program. On February 3, 2026, he acquired 72.576 shares at $39.68 per share, bringing his directly held position to 25,246.193 shares.
The total includes 84.8468 shares accumulated since the prior report through reinvested dividends under the First United Corporation Dividend Reinvestment and Stock Purchase Plan.
First United Corporation executive Tonya K. Sturm, EVP & CFO, modestly increased her stake through a dividend reinvestment transaction. On 02/03/2026 she acquired 2.815 shares of common stock at $39.68 per share under a dividend reinvestment program in her brokerage account.
After this transaction, she directly beneficially owns 10,826.9988 common shares and indirectly beneficially owns 5.4999 common shares through a 401(k) plan. Footnotes explain that these amounts include fractional shares accumulated from reinvested dividends under First United Corporation’s Dividend Reinvestment and Stock Purchase Plan since the prior report.
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.