8-K ·Filed May 28, 2026
8-K context-dependent: Items 5.02
Actionable Insight • Neutral
No material financial impact — this is a routine governance consolidation where the CEO adds the board chair title. Monitor next earnings call for any strategic shift under this leadership structure, but no near-term trading catalyst.
Final — all horizons settled through T+60d
FUNC ▲ +9.76% at T+60d
NEUTRAL call +9.76% · α vs SPY +8.58% · entry $39.54 → $43.40
T+1d
-1.69%
call -1.69% · α -1.95%
$38.87
settled 5mo ago
T+5d
+0.46%
call +0.46% · α +2.98%
$39.72
settled 5mo ago
T+20d
+13.56%
call +13.56% · α +15.35%
$44.90
settled 4mo ago
T+60d
+9.76%
call +9.76% · α +8.58%
$43.40
settled 2mo ago
Price Chart
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Executive Summary
Jason B. Rush, age 55, was appointed Chairman of the Board on May 27, 2026. Mr. Rush already serves as President and CEO (appointed January 1, 2026) and has been with the company since 1993. No departure, termination, or material compensation change was reported.
Key Facts
- Jason B. Rush appointed Chairman of the Board on May 27, 2026
- Mr. Rush is already President and CEO (effective January 1, 2026)
- Mr. Rush has been employed by First United since October 1993
- No departure, termination, or resignation reported
- Compensatory arrangements incorporated by reference to prior proxy statement — no new compensation disclosed
Financial Impact
Not specified
Risk Factors
- CEO/Chair combination reduces board independence but is common among community banks
Market Snapshot
Exchange
Nasdaq
Sector
National Commercial Banks
Analyst Consensus
86% bullish (7 analysts)
Investment Themes
Traditional Finance
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001104659-26-067504 |
| Document: 0001104659-26-067504-index-headers.html | 0001104659-26-067504 |
| Document: 0001104659-26-067504-index.html | 0001104659-26-067504 |
| Document: 0001104659-26-067504.txt | 0001104659-26-067504 |
16 reports for FUNC
67% Hit rate @ T+60 Went positive at some point 4 of 5 best @ T+60▲ +20.97%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 8d ago | 8-K | $41.85 | awaiting T+60 | — | $46.03 (+9.99%) |
Oct 19, 2026 8d ago | Press Release | $41.85 | awaiting T+60 | — | $46.03 (−9.99%) |
Sep 29, 2026 28d ago | 8-K | $43.42 | awaiting T+60 | — | $46.03 (+6.01%) |
Sep 24, 2026 4w ago | 8-K | $43.30 | awaiting T+60 | — | $46.03 (+6.30%) |
Sep 23, 2026 4w ago | Press Release | $43.30 | awaiting T+60 | — | $46.03 (−6.30%) |
Jul 29, 2026 12w ago | Insider Cluster | $44.73 $45.92 | ▲ +2.66% | ▼ −2.07% | $46.03 (+2.91%) |
Jul 28, 2026 13w ago | Insider Cluster | $45.59 $44.08 | ▼ −3.31% | ▼ −7.66% | $46.03 (+0.97%) |
Jul 20, 2026 14w ago | Press Release | $44.18 $44.09 | ▼ −0.20% | ▼ −4.18% | $46.03 (+4.19%) |
Jun 18, 2026 18w ago | 8-K | $42.25 $45.02 | ▲ +6.56% | ▲ +4.81% | $46.03 (+8.95%) |
Jun 11, 2026 19w ago | Institutional Cluster | $41.65 $44.36 | ▼ −6.49% | ▼ −2.10% | $46.03 (−10.52%) |
Showing 10 of 16
US Market Status
Market Closed — Opens Wed (15h 40m)
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