Marisa A. Shockley - 01 Jun 2023 Form 4 Insider Report for FIRST UNITED CORP/MD/ (FUNC)

Role
Director
Signature
/s/ Tonya K. Sturm, attorney-in-fact
Issuer symbol
FUNC
Transactions as of
01 Jun 2023
Net transactions value
+$2,992
Form type
4
Filing time
02 Jun 2023, 15:56:09 UTC
Previous filing
25 May 2023
Next filing
06 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FUNC Common Stock Purchase $2,992 +226 +0.95% $13.24 24,056 01 Jun 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).