Carissa L. Rodeheaver - 15 Jun 2023 Form 4 Insider Report for FIRST UNITED CORP/MD/ (FUNC)

Signature
/s/ Carissa L. Rodeheaver
Issuer symbol
FUNC
Transactions as of
15 Jun 2023
Net transactions value
+$3,985
Form type
4
Filing time
15 Jun 2023, 17:14:37 UTC
Previous filing
16 May 2023
Next filing
03 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FUNC Common Stock Purchase $3,985 +261 +0.65% $15.27 40,501 15 Jun 2023 Direct
holding FUNC Common Stock 79 15 Jun 2023 By spouse as UTMA custodian for son
holding FUNC Common Stock 862 15 Jun 2023 By 401(k)
* 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).