secwatch.observer — SEC 8-K summary
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Issuer:     FIRST UNITED CORP/MD/ (FUNC)
CIK:        0000763907
Form:       8-K
Filed at:   2026-05-11T20:10:40+00:00
Accession:  0001104659-26-058654
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First United shareholders elect directors, approve charter amendment, say-on-pay
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- All 10 director nominees elected with >3.3M votes for each; highest vote was Sanu B. Chadha (3,418,007).
- Proposal 2: Charter amendment to reduce vote threshold for shareholder actions passed (3.47M for, 117,904 against).
- Proposal 3: Non-binding say-on-pay for 2025 executive compensation approved (3.40M for, 159,327 against).
- Proposal 4: Shareholders recommended future say-on-pay votes every 1 year (3.14M for 1-year).
- Proposal 5: Ratification of Crowe LLP as independent auditor for FY2026 passed (4.57M for).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/763907/000110465926058654/0001104659-26-058654-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/763907/000110465926058654/tm2614135d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-058654

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