---
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"
generated_at: "2026-05-25T22:17:51.739822+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# First United Corp sets 2025 STIP targets; CEO target $193,200

## Summary
- 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).

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-019804
- JSON: https://secwatch.observer/filing/0001104659-25-019804.json
- Plain text: https://secwatch.observer/filing/0001104659-25-019804.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.