First United CORP/Md/ 8-K Filing

Ticker: FUNC · Form: 8-K · Filed: Nov 14, 2025 · CIK: 763907

Sentiment: neutral

Filing Stats: 1,025 words · 4 min read · ~3 pages · Grade level 12.2 · Accepted 2025-11-14 08:40:36

Filing Documents

03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On November 12, 2025, the Board amended Sections 2 and 3 of Article III of the Bylaws of the Corporation, as restated on September 25, 2025 (the "Bylaws"), to provide that the Board may designate someone other than the Chairman of the Board as the chief executive officer of the Corporation, including the President of the Corporation (the "Amendment"). The Amendment is embodied in a First Amendment to Bylaws, a copy of which is filed as Exhibit 3.1 to this report and incorporated herein by reference. The foregoing is only a summary of the Amendment and is qualified in its entirety by the text of Exhibit 3.1 hereto.

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. On November 14, 2025, the Corporation issued a press release to announce certain management succession plans. Carissa L. Rodeheaver, the Chairman of the Board, President and Chief Executive Officer of the Corporation and its bank subsidiary, First United Bank & Trust (the "Bank"), intends to retire from all positions with the Corporation and the Bank at the conclusion of the 2026 annual meeting of shareholders of the Corporation (the "2026 Annual Meeting"), which is currently scheduled for May 7, 2026. To facilitate the succession of management, effective January 1, 2026, the boards of directors of the Corporation and the Bank intend to (i) increase the number of directors who shall serve on the boards of directors of the Corporation and the Bank to 11 and elect Jason B. Rush to serve as a director of the Corporation and the Bank, (ii) appoint Jason B. Rush to serve as the President and Chief Executive Officer of the Corporation and the Bank, and (iii) appoint Ms. Rodeheaver to serve as the Executive Chairman of the Corporation and the Bank, where, among other things, she will continue to perform the duties of Chairman of the Boards and will serve as an advisor to Mr. Rush during the transition period. The boards of directors currently intend to eliminate the vacancies that will be created by Ms. Rodeheaver's retirement from the boards at the conclusion of the 2026 Annual Meeting by reducing the number of directors who shall serve on the boards from 11 to 10, effective as of the conclusion of the 2026 Annual Meeting. Mr. Rush has served as Senior Vice President and Chief Operating Officer of the Corporation and the Bank since January 2017. Prior to that appointment, he served as Senior Vice President and Chief Risk Officer and Director of Operations and Support from 2006 to 2017. Mr. Rush has been employed by the First United organization since October 1993, including as Vice President, Director of Operations & Support since M

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. The exhibits filed or furnished with this report are listed in the following Exhibit Index: Exhibit No. Description 3.1 First Amendment to Bylaws of First United Corporation (filed herewith) 99.1 Press release dated November 14, 2025 (furnished herewith) 104 Cover page interactive data file (embedded within the iXBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FIRST UNITED CORPORATION Dated: November 14, 2025 By: /s/ Tonya K. Sturm Name: Tonya K. Sturm Title: Senior Vice President and CFO

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