secwatch.observer — SEC 8-K summary
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Issuer:     FIRST COMMUNITY CORP /SC/ (FCCO)
CIK:        0000932781
Form:       8-K
Filed at:   2026-08-19T13:00:25+00:00
Accession:  0001552781-26-000452
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Community Corp officer Freddie Deutsch to retire Jan 15, 2027; advisory role until then
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- Freddie Deutsch, Director of Specialty Business Lending, retires effective Jan 15, 2027; also leaves boards of company and bank.
- Joined via Signature Bank of Georgia acquisition completed Jan 8, 2026; retirement voluntary, not tied to July 22, 2026 leadership transition.
- Will serve advisory role through retirement date; base salary and benefits unchanged; no longer holds director title.
- Receives first $50,000 retention bonus installment plus $100,000 carve back; remaining installments and unvested 2,500-share restricted stock forfeited.
- Bank subsidizes COBRA health coverage for up to 18 months post-retirement; letter amendment effective upon general release.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/932781/000155278126000452/0001552781-26-000452-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/932781/000155278126000452/e26356_fcco-8k.htm
  HTML page:      https://secwatch.observer/filing/0001552781-26-000452

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