BlackRock, Inc. Increases Stake in First United Corp to 4.99%

BlackRock, Inc. filed a Schedule 13G/A on April 27, 2026, disclosing an increased position in First United Corp (FUNC). As of the event date on March 31, 2026, BlackRock reported beneficial ownership of 324,758 shares of common stock, representing a 4.99% ownership stake in the company. This is an increase from a previous ownership level of 0.0%. The filing indicates that BlackRock holds sole voting power over 319,470 shares and sole dispositive power over the full 324,758 shares. The securities were acquired in the ordinary course of business and are not held for the purpose of influencing or changing the control of the issuer. Various subsidiaries of BlackRock are listed as having the right to receive dividends or proceeds from the sale of the shares. With the stake now at 4.99%, BlackRock has crossed the 5% threshold previously but currently remains just below it. The filing was signed by Spencer Fleming, Managing Director at BlackRock, Inc.