FIRST UNITED CORP/MD/ 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds ​ ​ ​ ​ ​ ​ ​ Issuer Purchases of Equity Securities Period Total Number of Shares (or Units) Purchased ​ Average Price Paid per Share (or Unit) Total Number of Shares (or Units) Purchased as Part of Publicly Announced Plans or Programs Maximum Number (or Approximate Dollar Value) of Shares (or Units) that May Yet Be Purchased Under the Plans or Programs (1) April 2021 400,000 $ 17.95 400,000 105,876 May 2021 — ​ — — 105,876 June 2021 — $ — — 105,876 Total 400,000 $ 17.95 400,000 105,876 ​ (1) All shares were purchased in open-market transactions pursuant to First United Corporation’s stock repurchase plan that was initially adopted effective January 27, 2021. The plan, authorized the repurchase of up to 400,000 shares of common stock of First United Corporation. The plan authorizes the repurchases to be conducted through open market or private transactions at such times and in such amounts per transaction as the Chairman and Chief Executive Officer of First United Corporation determines to be appropriate. ​ Item 3. Defaults upon Senior Securities None. Item 4. Mine Safety Disclosures Not Applicable.