---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-029410"
form_type: "8-K"
ticker: "FUNC"
cik: "0000763907"
company_name: "FIRST UNITED CORP/MD/"
filed_at: "2025-03-28T23:59:59+00:00"
generated_at: "2026-05-24T03:28:48.830466+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# First United amends SERP participation agreements for CEO and COO

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-25-029410
- form_type: 8-K
- ticker: FUNC
- cik: 0000763907
- company_name: FIRST UNITED CORP/MD/
- filed_at: 2025-03-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/763907/000110465925029410/0001104659-25-029410-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/763907/000110465925029410/tm2510684d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-029410
- JSON: https://secwatch.observer/filing/0001104659-25-029410.json
- Plain text: https://secwatch.observer/filing/0001104659-25-029410.txt

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