Rodeheaver Carissa Lynn 4
4 · FIRST UNITED CORP/MD/ · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
First United (FUNC) Director Carissa Rodeheaver Surrenders 164 Shares
What Happened
- Carissa Lynn Rodeheaver, a director of First United Corp (FUNC), surrendered 164 shares to the issuer on 2026-02-25 to satisfy tax withholding obligations tied to the vesting of time‑vesting restricted stock units.
- The shares were valued at $35.42 each, totaling $5,809. The transaction is reported as a disposition under code F (tax withholding).
Key Details
- Transaction date: 2026-02-25; Price: $35.42 per share; Shares surrendered: 164; Total value: $5,809.
- Filing date: 2026-02-26 (timely filing for a 2026-02-25 transaction).
- Shares owned after the transaction: not specified in the provided Form 4.
- Footnote: The shares were surrendered to satisfy tax withholding for RSUs granted on February 25, 2025, per the award agreement and approved by the issuer’s Compensation Committee.
Context
- This was not an open‑market sale but a routine share surrender/net settlement to cover taxes on vested RSUs (often called a “sell-to-cover” or withholding surrender). Such transactions are administrative and do not necessarily indicate the insider’s view of the company’s prospects.
- The dollar amount is modest ($5.8k), so it’s generally not considered a material signal of insider sentiment.
Insider Transaction Report
Form 4
Rodeheaver Carissa Lynn
Director
Transactions
- Tax Payment
Common Stock
[F1]2026-02-25$35.42/sh−164$5,809→ 47,133.004 total
Holdings
- 86.245(indirect: By Spouse)
Common Stock
- 936.15(indirect: By 401(k))
Common Stock
Footnotes (1)
- [F1]The shares were surrendered to the issuer in satisfaction of the tax withholding obligations associated with the vesting of time-vesting restricted stock units that were granted on February 25, 2025 as permitted by the related award agreement and approved by the issuer's Compensation Committee.
Signature
/s/ Carissa L. Rodeheaver|2026-02-25