Tonya K. Sturm, EVP and CFO of First United Corp/MD/ (NASDAQ:FUNC), filed a Form 4 on November 3, 2026, disclosing a purchase of common stock on November 2, 2026, through a dividend reinvestment program.

Key Highlights

  • Transaction: Sturm acquired 2.647 shares of First United Corp common stock on November 2, 2026, at a price of $46.308 per share.
  • Program: According to the filing, the shares were purchased pursuant to a dividend reinvestment program offered through a brokerage account maintained by the reporting person.
  • Direct holdings after transaction: Sturm directly beneficially owned 11,900.9563 shares following the reported transaction, a figure that includes 63.2185 shares acquired with reinvested dividends through the First United Corporation Dividend Reinvestment and Stock Purchase Plan (the "DRSPP") since the date of the last report.
  • Indirect holdings: Sturm also indirectly beneficially owned 5.6065 shares through a 401(k) plan, including 0.0316 shares acquired with reinvested dividends through the DRSPP since the last report.
  • Reporting person role: Sturm is identified in the filing as EVP and CFO of First United Corp/MD/.

Tonya K. Sturm's November 2026 Dividend Reinvestment Purchase

According to the Form 4 filed with the SEC on November 3, 2026, Tonya K. Sturm, the Executive Vice President and Chief Financial Officer of First United Corp/MD/, reported the acquisition of 2.647 shares of the company's common stock. The filing records the transaction date as November 2, 2026, with a per-share price of $46.308. The transaction code is listed as "P," indicating a purchase. The filing states the shares were acquired pursuant to a dividend reinvestment program held through a brokerage account maintained by the reporting person.

Following the reported transaction, Sturm's direct beneficial ownership stood at 11,900.9563 shares, which the filing notes includes 63.2185 shares accumulated through reinvested dividends under the First United Corporation Dividend Reinvestment and Stock Purchase Plan since the date of the last report. In addition to direct holdings, the filing discloses that Sturm indirectly holds 5.6065 shares through a 401(k) plan, with 0.0316 of those shares representing reinvested dividends through the DRSPP since the prior report.

No derivative securities were reported in Table II of the filing. The filing was submitted by one reporting person and was signed by Tonya K. Sturm on November 3, 2026.

What Was Disclosed

The filing disclosed a November 2, 2026, purchase of 2.647 shares of First United Corp common stock by CFO Tonya K. Sturm at $46.308 per share via a dividend reinvestment program, bringing her direct beneficial ownership to 11,900.9563 shares.