Monitor the next 10-Q for any deterioration in loan quality or margin compression that might have prompted the wealth officer's sale. The small size and lack of C-suite CEO/CFO selling suggest this is routine portfolio diversification rather than a red flag.
Price Chart
Executive Summary
Two insiders at First United Corp sold a total of $263K in open-market transactions over a two-day window. The sales are modest relative to the $289M market cap (~0.09%), and the cluster is entirely sells with no buys, but the dollar amount is below the 0.1% materiality threshold. The EVP & Chief Wealth Officer's $218K sale is the larger trade, while a director sold $45K. No 10b5-1 or vesting pattern is evident from the data, but the small size and lack of C-suite CEO/CFO involvement keep this from being a strong bearish signal.
Key Financial Metrics
Key Facts
- Two insiders sold a combined $263K in open-market sales over two days.
- The total sale value is approximately 0.09% of FUNC's $289M market cap, below the 0.1% materiality threshold.
- The larger sale was by EVP & Chief Wealth Officer Keith Sanders ($218K); director Irvin Robert Rudy sold $45K.
- No insider purchases were reported in the cluster window.
- The cluster is entirely sells, but the dollar amount is routine for a bank of this size.
Financial Impact
Total insider sales of $263K, representing ~0.09% of market cap.
Risk Factors
- Insider sales could accelerate if broader bank sector headwinds emerge.
- No insider buying to offset the selling signal.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-FUNC-1785256324897 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 7d ago | 8-K | $41.85 | awaiting T+60 | — | $45.67 (+9.13%) |
Oct 19, 2026 7d ago | Press Release | $41.85 | awaiting T+60 | — | $45.67 (−9.13%) |
Sep 29, 2026 27d ago | 8-K | $43.42 | awaiting T+60 | — | $45.67 (+5.18%) |
Sep 24, 2026 4w ago | 8-K | $43.30 | awaiting T+60 | — | $45.67 (+5.47%) |
Sep 23, 2026 4w ago | Press Release | $43.30 | awaiting T+60 | — | $45.67 (−5.47%) |
Jul 29, 2026 12w ago | Insider Cluster | $44.73 $45.92 | ▲ +2.66% | ▼ −2.07% | $45.67 (+2.10%) |
Jul 28, 2026 12w ago | Insider Cluster | $45.59 $44.08 | ▼ −3.31% | ▼ −7.66% | $45.67 (+0.18%) |
Jul 20, 2026 14w ago | Press Release | $44.18 $44.09 | ▼ −0.20% | ▼ −4.18% | $45.67 (+3.37%) |
Jun 18, 2026 18w ago | 8-K | $42.25 $45.02 | ▲ +6.56% | ▲ +4.81% | $45.67 (+8.09%) |
Jun 11, 2026 19w ago | Institutional Cluster | $41.65 $44.36 | ▼ −6.49% | ▼ −2.10% | $45.67 (−9.65%) |
US Market Status
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