{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-019804","form_type":"8-K","ticker":"FUNC","cik":"0000763907","company_name":"FIRST UNITED CORP/MD/","filed_at":"2025-03-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.299334+00:00","generated_at":"2026-05-25T22:17:51.739822+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"First United Corp sets 2025 STIP targets; CEO target $193,200","bullets":["Carissa L. Rodeheaver (CEO) target payout $193,200; maximum $289,800 under revised 2025 STIP.","Tonya K. Sturm (CFO) target $73,593; maximum $110,389.","Robert L. Fisher, II target $78,693; maximum $118,040; Jason B. Rush target $81,113; maximum $121,669.","Performance metrics: ROAA, efficiency ratio, average delinquencies, and individual goals (CEO: corporate net income).","Minimum performance trigger: net income must reach 50% of goal for plan to pay out (specific $ redacted)."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-019804","json":"https://secwatch.observer/filing/0001104659-25-019804.json","markdown":"https://secwatch.observer/filing/0001104659-25-019804.md","text":"https://secwatch.observer/filing/0001104659-25-019804.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/763907/000110465925019804/0001104659-25-019804-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/763907/000110465925019804/tm258084d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T22:17:51.739822+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}