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FUNC · Current Report (Form 8-K) · Filed May 11, 2026

First United Corp — Current Report (Form 8-K)

Form
8-K
Filed
May 11, 2026
Period
May 7, 2026
Ticker
FUNC
Accession
0001104659-26-058654
Boardroom Alpha · Filing insights

Shareholders elected 10 directors and approved charter amendment, executive pay advisory, annual Say-on-Pay, and auditor ratification.

About First United Corp
Market cap
$252M
1Y TSR
+32.1%
3Y TSR
+41.2%
Board grade
A
Sector
Financial Services
CEO
Jason Barry Rush
Last annual meeting: May 7, 2026 · View full First United Corp profile →

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): May 7, 2026

 

First United Corporation

(Exact name of registrant as specified in its charter)

 

Maryland   0-14237   52-1380770
(State or other jurisdiction of   (Commission file number)   (IRS Employer
incorporation or organization)       Identification No.)

 

19 South Second Street, Oakland, Maryland 21550

(Address of principal executive offices) (Zip Code)

 

(301) 334-9471

(Registrant’s telephone number, including area code)

 

N/A

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common stock FUNC Nasdaq Stock Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

 

INFORMATION TO BE INCLUDED IN THE REPORT

 

  Item 5.07 Submission of Matters to a Vote of Security Holders.

 

(a) and (b)   Voting Results.

 

At the 2026 annual meeting of shareholders of First United Corporation (the “Corporation”) held on May 7, 2026, the shareholders voted on the five proposals set forth below. These proposals were submitted to a vote through the solicitation of proxies. The results of the votes are set forth below. For purpose of simplification, fractional votes have been omitted and voting numbers have been rounded to the nearest whole share.

 

Proposal 1 – Election of 10 directors to serve on the Corporation’s Board of Directors, each until the 2027 annual meeting of shareholders and until his or her successor is duly elected and qualifies.

 

   For   Withheld   Abstain   Broker
Non-Votes
 
John F. Barr   3,405,260    196,704    13,743    965,381 
Brian R. Boal   3,405,665    198,168    11,874    965,381 
Sanu B. Chadha   3,418,007    185,805    11,895    965,381 
Christy M. DiPietro   3,344,163    256,696    14,848    965,381 
Kevin R. Hessler   3,411,239    190,725    13,743    965,381 
Patricia A. Milon   3,404,274    198,208    13,225    965,381 
Beth E. Moran   3,392,960    210,218    12,529    965,381 
I. Robert Rudy   3,369,248    228,642    17,817    965,381 
Jason B. Rush   3,409,578    193,990    12,139    965,381 
H. Andrew Walls, III   3,300,597    301,122    13,988    965,381 

 

Proposal 2 - Approval of an amendment to the Corporation’s charter to reduce the votes required to approve certain shareholder actions:

 

For   Against   Abstain   Broker Non-Votes 
 3,474,247    117,904    23,556    965,381 

 

Proposal 3 – Approval, by non-binding advisory vote, of the compensation paid to the Corporation’s named executive officers for 2025:

 

For   Against   Abstain   Broker Non-Votes 
 3,396,165    159,327    61,215    965,381 

 

Proposal 4 – Recommendation, by non-binding advisory vote, of the frequency of future Say-on-Pay Votes:

 

Every 1 year   Every 2 Years   Every 3 Years   Abstain   Broker Non-Votes 
 3,141,000    19,518    363,170    92,019    965,381 

 

Proposal 5 – Ratification of the appointment of Crowe LLP as the Corporation’s independent registered public accounting firm for the fiscal year ending December 31, 2026:

 

For   Against   Abstain   Broker Non-Votes 
 4,566,188    7,514    7,386    0 

 

- 2 -

 

 

 Item 9.01. Financial Statements and Exhibits.

 

(d)       Exhibits.

 

The exhibits filed or furnished with this report are listed in the following Exhibit Index:

 

Exhibit No.   Description
     
104   Cover page interactive data file (embedded within the iXBRL document)

 

- 3 -

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  FIRST UNITED CORPORATION
       
Dated:  May 11, 2026 By: /s/ Tonya K. Sturm
    Tonya K. Sturm
    Executive Vice President & CFO

 

- 4 -

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Reference

Frequently asked questions

When did First United Corp file this 8-K?
First United Corp (FUNC) filed this Current Report (Form 8-K) with the SEC on May 11, 2026. The accession number assigned by EDGAR is 0001104659-26-058654.
What does an 8-K disclose?
Form 8-K is the SEC's current-report form, used to disclose material events between periodic reports (10-K / 10-Q). Triggers include CEO/CFO departures, acquisitions, bankruptcies, earnings releases, auditor changes, changes in fiscal year, and amendments to corporate governance. Each 8-K is keyed to one or more Item numbers (1.01 through 9.01).
What is the key takeaway from this filing?
Shareholders elected 10 directors and approved charter amendment, executive pay advisory, annual Say-on-Pay, and auditor ratification. This is Boardroom Alpha's one-line summary of the current report; see the full filing text above for the formal disclosure.
What Item codes does an 8-K cover?
An 8-K's Item codes (1.01 through 9.01) specify what kind of event is being disclosed — e.g. Item 1.01 for entering a material agreement, Item 5.02 for departure/election of directors and executive officers, Item 8.01 for other events. The Item codes for this 8-K appear in the filing text above.
Where can I find First United Corp's prior current reports on EDGAR?
The SEC EDGAR browser lists every 8-K First United Corp has filed under CIK 763907, sortable by date. Use the "View on SEC EDGAR" link in the page header, or browse directly via https://www.sec.gov/cgi-bin/browse-edgar.
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