First United amends SERP participation agreements for CEO and COO

FIRST UNITED CORP/MD/

Amendments to SERP for Carissa Rodeheaver (CEO) and Jason Rush (COO) dated March 27, 2025.
Effective Feb 1, 2025; clarifies actuarial assumptions for lump sum calculations.
Adds interest crediting at third-segment rate if lump sum payment is delayed due to form change election.

item 5.02 item 9.01

FIRST UNITED CORP/MD/ filing history →

Source: SEC EDGAR

accession 0001104659-25-029410

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