secwatch.observer — SEC 8-K summary
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Issuer:     FIRST UNITED CORP/MD/ (FUNC)
CIK:        0000763907
Form:       8-K
Filed at:   2026-09-29T12:00:40+00:00
Accession:  0001104659-26-111606
Event type: leadership
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

First United (FUNC) elects Steven R. Stuck, Shawn Bender, and Nina Beitzel as directors effective September 24, 2026
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- Board elected Steven R. Stuck, Shawn Bender, and Nina Beitzel effective Sept. 24, 2026, to serve until the 2027 annual meeting; each also joins First United Bank & Trust's board.
- Stuck is CEO/owner of Stuck Enterprises; Bender is CEO of Beitzel Corporation; Beitzel is VP/partner at Railey Realty and part owner of Deep Creek Title.
- New directors receive an $8,750 cash retainer, 583 fully vested shares, $1,000 per board meeting, and $500 per committee meeting; special short meetings pay $200.
- Committee assignments include Stuck: Audit, Risk and Compliance, and ALCO; Bender: Trust, Risk and Compliance, and ALCO; Beitzel: Trust, Loan, and ALCO.
- No related-party transactions under Item 404(a) since fiscal 2024 or proposed for fiscal 2026; current director pay was disclosed in the March 25, 2026 proxy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/763907/000110465926111606/0001104659-26-111606-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/763907/000110465926111606/tm2626531d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-111606

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