FIRST UNITED CORP/MD/ (FUNC) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: May 08, 2026

Risk Assessment Details

Potential Dilution: 0.32% of current shares
Recent Dilution: 0.46% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
6.5M
Potential Supply
21K
Additional shares possible
Splits
None
Past 2 years

Summary

FUNC currently has 6.48M outstanding shares. with limited dilution risk as only 21K additional shares (0.3%) are authorized for issuance. The company has minimally diluted shareholders by 0.46% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 08, 2026

10-Q filing | 6.5M shares outstanding

6.5M 21K
Apr 10, 2026

POS AM filing: First United Corporation is offering common stock through its Dividend Reinvestment and Stock Purchase Plan, allowing shareholders to reinvest dividends and make optional cash investments to purchase additional shares.

6.5M 0
Mar 10, 2026

10-K filing | 6.5M shares outstanding

6.5M 0
Nov 05, 2025

10-Q filing | 6.5M shares outstanding

6.5M 0
Aug 13, 2025

10-Q filing | 6.5M shares outstanding

6.5M 0
May 07, 2025

10-Q filing | 6.5M shares outstanding

6.5M 0
Mar 20, 2025

10-K filing | 6.5M shares outstanding

6.5M 0
Nov 07, 2024

10-Q filing | 6.5M shares outstanding

6.5M 0
Sep 03, 2024

8-K filing: First United Corporation's Board of Directors adopted a stock purchase program, effective August 30, 2024, authorizing the repurchase of up to 600,000 shares of its common stock, representing 9.3% of the issued and outstanding shares as of that date, over an 18-month period.

6.6M 0
Aug 07, 2024

10-Q filing | 6.6M shares outstanding

6.6M 0
May 08, 2024

10-Q filing | 6.6M shares outstanding

6.6M 0
Mar 15, 2024

10-K filing | 6.7M shares outstanding

6.7M 0
Nov 09, 2023

10-Q filing | 6.7M shares outstanding

6.7M 0
Aug 21, 2023

8-K filing: First United Corporation authorized a stock repurchase program to purchase up to 825,000 shares of its common stock, representing 5.0% of the issued and outstanding shares, over a 12-month period.

6.7M 0
Aug 09, 2023

10-Q filing | 6.7M shares outstanding

6.7M 0
May 12, 2023

10-Q filing | 6.7M shares outstanding

6.7M 0
Mar 24, 2023

10-K filing | 6.7M shares outstanding

6.7M 0
Nov 10, 2022

10-Q filing | 6.6M shares outstanding

6.6M 0
Aug 11, 2022

10-Q filing | 6.6M shares outstanding

6.6M 0
May 09, 2022

10-Q filing | 6.6M shares outstanding

6.6M 0
Mar 25, 2022

10-K filing | 6.7M shares outstanding

6.7M 0
Nov 09, 2021

10-Q filing | 6.7M shares outstanding

6.7M 0
Aug 12, 2021

10-Q filing | 6.8M shares outstanding

6.8M 0
May 14, 2021

10-Q filing | 7.0M shares outstanding

7M 0
Apr 19, 2021

8-K filing: First United Corporation entered into a Stock Purchase Agreement with Driver Opportunity Partners I LP to repurchase 360,737 shares of its common stock at $18.00 per share, and also entered into a Cooperation and Settlement Agreement with Driver Partners. ($6.49M proceeds)

7M 0
Mar 25, 2021

10-K filing | 7.0M shares outstanding

7M 0
Mar 11, 2021

8-K filing: First United Corporation's Board of Directors approved a stock repurchase program authorizing the purchase of up to 400,000 shares of its common stock, which became effective on March 9, 2021, and will terminate on December 31, 2021.

7M 0
Feb 19, 2021

8-K filing: First United Corporation disclosed that its Trust Department purchased 97,128 shares of Common Stock on behalf of the Pension Plan in March 2020.

7M 0
Nov 10, 2020

10-Q filing | 7.0M shares outstanding

7M 0
Aug 28, 2020

8-K filing: The Board of Directors of First United Corporation authorized the Trust Department of First United Bank & Trust to purchase up to 150,000 outstanding shares of the Company's common stock to be held as an investment in the Pension Plan.

7M 0
Aug 10, 2020

10-Q filing | 7.0M shares outstanding

7M 0
May 11, 2020

10-Q filing | 7.1M shares outstanding

7.1M 0
Mar 13, 2020

10-K filing | 7.1M shares outstanding

7.1M 0
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