---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-006988"
form_type: "8-K"
ticker: "FUNC"
cik: "0000763907"
company_name: "FIRST UNITED CORP/MD/"
filed_at: "2026-01-27T23:59:59+00:00"
generated_at: "2026-05-16T07:43:40.712222+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# First United Corp adopts stock repurchase program for up to 15.4% of outstanding shares

## Summary
- Authorizes purchase of up to 1,000,000 common shares (~15.4% of outstanding) over 18 months starting Jan 26, 2026.
- Repurchases may be made in open market or private transactions at management's discretion, subject to securities laws.
- No obligation to purchase any shares; actual purchases depend on market conditions, price, and capital needs.
- Program effective January 26, 2026; President and CEO authorized to execute purchases.

## SEC filing metadata
- accession: 0001104659-26-006988
- form_type: 8-K
- ticker: FUNC
- cik: 0000763907
- company_name: FIRST UNITED CORP/MD/
- filed_at: 2026-01-27T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/763907/000110465926006988/0001104659-26-006988-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/763907/000110465926006988/tm264226d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-006988
- JSON: https://secwatch.observer/filing/0001104659-26-006988.json
- Plain text: https://secwatch.observer/filing/0001104659-26-006988.txt

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