Fisher Robert L. II 4

What Happened
Fisher Robert L. II, EVP & Chief Revenue Officer of First United Corporation (FUNC), was granted 875 restricted stock units (RSUs) on March 6, 2026. The grant was reported as an award (code A) with a reported acquisition price of $0.00 (typical for RSU grants); the immediate reported value is $0.

Key Details

• Transaction date: 2026-03-06; Filing date: 2026-03-10 (filed within the SEC’s two-business-day window).
• Transaction type/code: Award of RSUs (A). Price reported: $0.00.
• Shares acquired: 875 RSUs (each RSU represents the contingent right to one share).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: RSUs vest ratably over three years beginning March 6, 2027, only if the reporting person remains employed on each applicable vesting date.

Context
RSU grants are a form of compensation and do not require the executive to pay cash at grant; they convert to actual shares only upon vesting (subject to continued employment). Such awards are common for retention and long-term incentive purposes and are different from open-market purchases or sales, which more directly signal trading sentiment.