First United Corp director Irvin Robert Rudy sells $44,580 in stock By Investing.com
Irvin Robert Rudy, a director at First United Corp (), sold 1,000 shares of the company’s common stock on July 24, 2026. The transaction totaled $44,580, with shares sold at a price of $44.58 each. The sale came as the stock trades near its 52-week high of $46.30, following a strong 34% gain over the past year. According to InvestingPro analysis, the stock remains undervalued at current levels, appearing on the platform’s Most Undervalued list.
Following this sale, Mr. Rudy directly owns 37,500 shares of First United Corp common stock. For deeper insights into FUNC’s valuation and performance, InvestingPro offers access to 11 additional ProTips and comprehensive financial metrics to help investors make informed decisions.
In other recent news, First United Corporation announced that its Board of Directors has declared a quarterly cash dividend of $0.26 per share. This dividend is scheduled to be paid on August 3, 2026, to shareholders who are recorded as of July 20, 2026. This announcement reflects the company’s ongoing commitment to returning value to its shareholders. The decision to issue a dividend can be seen as a sign of confidence in the company’s financial stability and future prospects. Investors often view dividends as an important aspect of a company’s financial health. The declaration of this dividend comes amid various developments within the company. Such corporate actions are closely monitored by investors and analysts alike.
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