First United Corp Director Sells 2,000 Shares at $37.35 Each

Irvin Rudy, a Director at First United Corp (FUNC), sold 2,000 shares on August 26, 2025, leaving him with 37,500 shares. Over the past year, Rudy has sold a total of 2,000 shares and not purchased any. The company operates through its subsidiary, First United Bank & Trust, offering services such as checking and savings accounts, loans, and investment services. The stock is trading at $37.35, with a market cap of $244.327 million and a price-earnings ratio of 10.31.

First United Corp (FUNC) saw insider activity on August 26, 2025, when Director Irvin Robert Rudy sold 2,000 shares of the company's stock. The transaction, reported in a SEC Form 4 filing, generated a total of $74,700 [2]. This sale reduced Rudy's direct shareholding to 37,500 shares from a previously reported 39,000 shares, including 1,500 shares that were transferred to direct ownership on June 27, 2025 [2].

The stock sale comes amidst positive performance indicators for First United Corp. The company's stock has seen a year-to-date (YTD) price performance of 12.78% [1], with an average trading volume of 36,298 shares [1]. First United's technical sentiment signal is currently rated as a "Strong Buy" [1], reflecting investor confidence in the stock's prospects.

First United Corp operates primarily through its subsidiary, First United Bank & Trust, offering a range of financial services including checking and savings accounts, loans, and investment services. The company is headquartered in Oakland and operates in the Finance sector. As of July 2, 2025, the stock is trading at $37.35 per share, with a market capitalization of $244.327 million and a price-earnings ratio of 10.31 [3].

Analysts have noted that First United Corp is an attractive investment due to its strong dividend yield. The company currently pays a dividend of $0.22 per share, with a dividend yield of 2.36% [3]. Over the past five years, First United has increased its dividend three times on a year-over-year basis, with an average annual increase of 13.06% [3]. The company's current payout ratio is 24%, indicating that it pays out 24% of its trailing 12-month earnings per share as dividends [3].

First United Corp is also expected to see earnings growth this fiscal year, with the Zacks Consensus Estimate for 2025 at $3.65 per share, representing a year-over-year growth rate of 13.71% [3]. This growth potential, combined with the company's strong financial performance and positive corporate events, makes it an attractive investment opportunity for income investors.

References:
[1] https://www.tipranks.com/news/insider-trading/director-cashes-in-on-first-united-stock-sale-insider-trading
[2] https://www.tradingview.com/news/tradingview:6fd8c2f0d86e9:0-first-united-corp-director-sells-2-000-shares/
[3] https://finance.yahoo.com/news/first-united-corporation-func-could-154502881.html