secwatch.observer — SEC 8-K summary
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Issuer:     FIRST UNITED CORP/MD/ (FUNC)
CIK:        0000763907
Form:       8-K
Filed at:   2026-01-16T23:59:59+00:00
Accession:  0001104659-26-004555
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First United Corporation announces CEO succession; Rodeheaver Executive Chairman, Rush CEO effective Jan 1, 2026
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- Carissa L. Rodeheaver transitions from Chairman, President and CEO to Executive Chairman effective January 1, 2026.
- Jason B. Rush appointed President and CEO; previously served as SVP and COO since 2017.
- Rush's annual base salary set at $450,000; other compensation per 2025 proxy statement.
- Rush has been employed by First United since 1993, including roles as Chief Risk Officer.
- No reportable transactions with Rush under Item 404(a) since fiscal year 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/763907/000110465926004555/0001104659-26-004555-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/763907/000110465926004555/tm263451d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-004555

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer