First United EVP sells $237,772 in common stock By Investing.com
Robert L. Fisher II, Executive Vice President and Chief Banking Officer at First United Corp. (), sold 5,250 shares of the company’s common stock on July 28, 2026. The shares were sold at a price of $45.29 each, resulting in a total transaction value of $237,772.
Following this transaction, Mr. Fisher directly holds 9,105 shares of First United Corp. common stock.The insider sale comes as the stock trades at $44.73, near its 52-week high of $46.30, according to InvestingPro data. The company has delivered strong returns with a 38% gain over the past year and a 21.8% year-to-date increase. Trading at a P/E ratio of 11.68 with a 4.65% dividend yield, InvestingPro analysis suggests the stock remains undervalued relative to its Fair Value. Investors seeking deeper insights can access over 8 additional ProTips and comprehensive financial metrics on the InvestingPro platform.
In other recent news, First United Corporation has announced a cash dividend of $0.26 per share. This decision was made by the company’s Board of Directors and is set to be paid on August 3, 2026. Shareholders who are on record as of the close of business on July 20, 2026, will be eligible to receive this dividend. This development reflects the company’s ongoing financial strategies and commitments to its shareholders. The announcement comes as part of First United Corporation’s recent updates, providing investors with insights into the company’s financial decisions.
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