Marisa A. Shockley - 05 Jul 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
05 Jul 2023
Net transactions value
+$2,995
Form type
4
Filing time
06 Jul 2023, 09:32:21 UTC
Previous filing
02 Jun 2023
Next filing
02 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FUNC Common Stock Purchase $2,995 +210 +0.87% $14.26 24,266 05 Jul 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).