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8-K ·Filed Sep 29, 2026

FUNC

FIRST UNITED CORP/MD/
NEUTRAL
Impact 2/10
Horizonmonths Processed28d 7h ago SEC0001104659-26-111606
8-K context-dependent: Items 5.02
Actionable Insight • Neutral

Routine board election with no departures or strategic changes — no immediate trading catalyst. Monitor the 2027 proxy statement for any shift in director compensation or committee assignments.

DirectionNeutral
Confidencehigh
Horizonmonths
Latest settled — T+5d
FUNC ▲ +0.51% at T+5d
NEUTRAL call +0.51% · α vs SPY -1.44% · entry $43.42 → $43.64
Next anchor: T+20d due 8h ago
Latest observation: T+18 +2.31% FF3 residual α
Entry = T+0 close
Sep 29, 2026
via day close
T+1d
-1.50%
call -1.50% · α -1.29%
$42.77
settled 27d ago
T+5d
+0.51%
call +0.51% · α -1.44%
$43.64
settled 21d ago
T+20d
Pending
due 8h ago
T+60d
Pending
in 8w

Price Chart

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Executive Summary

First United Corporation elected three new directors (Steven R. Stuck, Shawn Bender, and Nina Beitzel) to its board and the board of its bank subsidiary, effective September 24, 2026. This is a routine board refreshment with no departures or material financial implications.

Key Facts

  • Steven R. Stuck, Shawn Bender, and Nina Beitzel elected as directors effective September 24, 2026
  • Each new director receives a cash retainer of $8,750 and a grant of 583 fully-vested shares of common stock for the period until the 2027 annual meeting
  • No departures of existing directors or officers were reported
  • No related-party transactions requiring Item 404(a) disclosure were identified

Financial Impact

Each new director receives $8,750 cash retainer plus 583 fully-vested shares; aggregate annual cost is immaterial relative to the company's market cap.

Risk Factors

  • No material risks identified from this filing

Investment Themes

Traditional Finance

Documents Analyzed

This report is based on 4 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001104659-26-111606
Document: 0001104659-26-111606-index-headers.html0001104659-26-111606
Document: 0001104659-26-111606-index.html0001104659-26-111606
Document: 0001104659-26-111606.txt0001104659-26-111606
16 reports for FUNC
Performance horizon
67% Hit rate @ T+60 2 of 3 directional calls Went positive at some point 4 of 5 best @ T+60▲ +20.97%Apr 21, 2026
Filters
Rows
Reports for FUNC — sortable, filterable
TypeNow
Oct 19, 2026
7d ago
8-K
MIXED ★ 5/10
$41.85awaiting T+60—$46.00 (+9.92%)
Oct 19, 2026
7d ago
Press Release
BEARISH ★ 5/10
$41.85awaiting T+60—$46.00 (−9.92%)
Sep 29, 2026
28d ago
8-K
NEUTRAL ★ 2/10
$43.42awaiting T+60—$46.00 (+5.94%)
Sep 24, 2026
4w ago
8-K
NEUTRAL ★ 2/10
$43.30awaiting T+60—$46.00 (+6.24%)
Sep 23, 2026
4w ago
Press Release
BEARISH ★ 5/10
$43.30awaiting T+60—$46.00 (−6.24%)
Jul 29, 2026
12w ago
Insider Cluster
NEUTRAL ★ 4/10
$44.73 $45.92▲ +2.66%▼ −2.07%$46.00 (+2.84%)
Jul 28, 2026
13w ago
Insider Cluster
NEUTRAL ★ 3/10
$45.59 $44.08▼ −3.31%▼ −7.66%$46.00 (+0.90%)
Jul 20, 2026
14w ago
Press Release
MIXED ★ 5/10
$44.18 $44.09▼ −0.20%▼ −4.18%$46.00 (+4.12%)
Jun 18, 2026
18w ago
8-K
NEUTRAL ★ 2/10
$42.25 $45.02▲ +6.56%▲ +4.81%$46.00 (+8.88%)
Jun 11, 2026
19w ago
Institutional Cluster
BEARISH ★ 5/10
$41.65 $44.36▼ −6.49%▼ −2.10%$46.00 (−10.44%)
Showing 10 of 16

US Market Status

Market Open — Closes in 8m

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Report published Sep 29, 2026