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Home › Companies › FIRST UNITED CORP. › 2024-2025

FIRST UNITED CORP. 2024-2025 Proxy Voting Records

At FIRST UNITED CORP.'s shareholder meeting held May 7, 2025, in the 2024-2025 proxy season, 62 asset managers reported how they voted on 12 ballot items in their SEC Form N-PX filings, covering 705 separate fund positions. On the most widely held item on that ballot — To approve, by a non-advisory vote, the compensation paid to the Corporation's named executive… — FOR was 94% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: FIRST UNITED CORP.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 9, 2025.

Download data (CSV): ballot items · votes by manager · column guide.

Compiled from SEC Form N-PX filings and FIRST UNITED CORP.’s Form 8-K, filed May 9, 2025 (Item 5.07 on EDGAR). Page generated November 8, 2026.

  • 12Ballot items
  • 62Asset managers
  • 705Fund votes
  • May 7, 2025Meeting date

Results at a glance

Meeting of May 7, 2025: 12 items on FIRST UNITED CORP.’s Form 8-K, filed May 9, 2025: 12 without a stated outcome.

Material dissent

None.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore FIRST UNITED CORP. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by FIRST UNITED CORP.

These tallies are FIRST UNITED CORP.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 9, 2025 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

FIRST UNITED CORP. — official shareholder meeting results, meeting held May 7, 2025
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: John F. Barr 3,548,659--192,768 11,1731,143,925 99.6%Not verified—
Elect Director: Brian R. Boal 3,520,585--196,377 35,6811,143,925 99%Not verified—
Elect Director: Sanu B. Chadha 3,524,235--225,689 1,0941,143,925 99.9%Not verified—
Elect Director: Christy M. DiPietro 3,494,760--198,792 59,0491,143,925 98%Not verified—
Elect Director: Kevin R. Hessler 3,558,586--193,030 1,0271,143,925 99.9%Not verified—
Elect Director: Patricia A. Milon 3,533,160--191,797 27,6861,143,925 99.2%Not verified—
Elect Director: Beth E. Moran 3,554,988--191,868 5,7451,143,925 99.8%Not verified—
Elect Director: Carissa L. Rodeheaver 3,507,661--207,817 37,1651,143,925 99%Not verified—
Elect Director: I. Robert Rudy 3,508,043--220,560 24,0401,143,925 99.3%Not verified—
Elect Director: H. Andrew Walls, III 3,532,432--193,030 27,1391,143,925 99.2%Not verified—
2. Adoption of advisory resolution approving the compensation paid to the Corporation's named executive officers for 2024 3,441,697202,059108,887 --1,143,925 94%Not verified—
3. Ratification of the appointment of Crowe LLP as the Corporation's independent registered public accounting firm for the fiscal year ending December 31, 2025 4,856,59929,56110,408 --0 99.3%Not verified—

Source: FIRST UNITED CORP., Form 8-K, filed with the SEC on May 9, 2025 — read the filing on EDGAR.

How asset managers voted at the FIRST UNITED CORP. 2024-2025 meeting

Each item below shows how the 62 asset managers that disclosed a FIRST UNITED CORP. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.

1. Elect Director: Beth E. Moran

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%
FOR: 3,554,988WITHHELD: 5,745
Details: description as filed, official tally, votes by 24 asset managers

Description as filed by funds: Election of Directors: Beth E. Moran

FIRST UNITED CORP.’s own tally for this item (“Elect Director: Beth E. Moran”): 3,554,988 for, 5,745 withheld, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.8% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 24 asset managers below reported 1,016,686 for.

FOR
FOR: 1,016,686
Largest asset managers voting on “Election of Directors: Beth E. Moran” at FIRST UNITED CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Dimensional336,2430 00For
Vanguard302,9100 00For
ADVISORS SERIES TRUST78,0080 00For
American Century77,0610 00For
Fidelity53,2690 00For
BRIDGEWAY FUNDS INC47,4680 00For
BlackRock40,5980 00For
EA Series Trust26,5920 00For
Invesco13,7930 00For
T. Rowe Price7,9010 00For
Northern Trust6,0850 00For
WisdomTree4,7510 00For
RBC FUNDS TRUST3,8000 00For
First Trust3,7740 00For
Angel Oak Financial Strategies Income Term Trust3,7000 00For
Charles Schwab2,8490 00For
Pacific Life2,5990 00For
Prudential/PGIM1,8400 00For
Equitable1,0360 00For
Victory Capital6870 00For
Jackson National4890 00For
Lincoln Financial4610 00For
Lazard4140 00For
John Hancock3580 00For

2. Elect Director: Brian R. Boal

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 3,520,585WITHHELD: 35,681
Details: description as filed, official tally, votes by 24 asset managers

Description as filed by funds: Election of Directors: Brian R. Boal

FIRST UNITED CORP.’s own tally for this item (“Elect Director: Brian R. Boal”): 3,520,585 for, 35,681 withheld, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 24 asset managers below reported 990,094 for, 26,592 against.

FOR
FOR: 990,094AGAINST: 26,592
Largest asset managers voting on “Election of Directors: Brian R. Boal” at FIRST UNITED CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Dimensional336,2430 00For
Vanguard302,9100 00For
ADVISORS SERIES TRUST78,0080 00For
American Century77,0610 00For
Fidelity53,2690 00For
BRIDGEWAY FUNDS INC47,4680 00For
BlackRock40,5980 00For
EA Series Trust026,592 00Against
Invesco13,7930 00For
T. Rowe Price7,9010 00For
Northern Trust6,0850 00For
WisdomTree4,7510 00For
RBC FUNDS TRUST3,8000 00For
First Trust3,7740 00For
Angel Oak Financial Strategies Income Term Trust3,7000 00For
Charles Schwab2,8490 00For
Pacific Life2,5990 00For
Prudential/PGIM1,8400 00For
Equitable1,0360 00For
Victory Capital6870 00For
Jackson National4890 00For
Lincoln Financial4610 00For
Lazard4140 00For
John Hancock3580 00For

3. Elect Director: Carissa L. Rodeheaver

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 3,507,661WITHHELD: 37,165
Details: description as filed, official tally, votes by 24 asset managers

Description as filed by funds: Election of Directors: Carissa L. Rodeheaver

FIRST UNITED CORP.’s own tally for this item (“Elect Director: Carissa L. Rodeheaver”): 3,507,661 for, 37,165 withheld, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 24 asset managers below reported 990,094 for, 26,592 against.

FOR
FOR: 990,094AGAINST: 26,592
Largest asset managers voting on “Election of Directors: Carissa L. Rodeheaver” at FIRST UNITED CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Dimensional336,2430 00For
Vanguard302,9100 00For
ADVISORS SERIES TRUST78,0080 00For
American Century77,0610 00For
Fidelity53,2690 00For
BRIDGEWAY FUNDS INC47,4680 00For
BlackRock40,5980 00For
EA Series Trust026,592 00Against
Invesco13,7930 00For
T. Rowe Price7,9010 00For
Northern Trust6,0850 00For
WisdomTree4,7510 00For
RBC FUNDS TRUST3,8000 00For
First Trust3,7740 00For
Angel Oak Financial Strategies Income Term Trust3,7000 00For
Charles Schwab2,8490 00For
Pacific Life2,5990 00For
Prudential/PGIM1,8400 00For
Equitable1,0360 00For
Victory Capital6870 00For
Jackson National4890 00For
Lincoln Financial4610 00For
Lazard4140 00For
John Hancock3580 00For

4. Elect Director: Christy M. DiPietro

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 3,494,760WITHHELD: 59,049
Details: description as filed, official tally, votes by 24 asset managers

Description as filed by funds: Election of Directors: Christy M. DiPietro

FIRST UNITED CORP.’s own tally for this item (“Elect Director: Christy M. DiPietro”): 3,494,760 for, 59,049 withheld, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 24 asset managers below reported 990,094 for, 26,592 against.

FOR
FOR: 990,094AGAINST: 26,592
Largest asset managers voting on “Election of Directors: Christy M. DiPietro” at FIRST UNITED CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Dimensional336,2430 00For
Vanguard302,9100 00For
ADVISORS SERIES TRUST78,0080 00For
American Century77,0610 00For
Fidelity53,2690 00For
BRIDGEWAY FUNDS INC47,4680 00For
BlackRock40,5980 00For
EA Series Trust026,592 00Against
Invesco13,7930 00For
T. Rowe Price7,9010 00For
Northern Trust6,0850 00For
WisdomTree4,7510 00For
RBC FUNDS TRUST3,8000 00For
First Trust3,7740 00For
Angel Oak Financial Strategies Income Term Trust3,7000 00For
Charles Schwab2,8490 00For
Pacific Life2,5990 00For
Prudential/PGIM1,8400 00For
Equitable1,0360 00For
Victory Capital6870 00For
Jackson National4890 00For
Lincoln Financial4610 00For
Lazard4140 00For
John Hancock3580 00For

5. Elect Director: H. Andrew Walls, III

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%
FOR: 3,532,432WITHHELD: 27,139
Details: description as filed, official tally, votes by 24 asset managers

Description as filed by funds: Election of Directors: H. Andrew Walls, III

FIRST UNITED CORP.’s own tally for this item (“Elect Director: H. Andrew Walls, III”): 3,532,432 for, 27,139 withheld, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.2% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 24 asset managers below reported 1,016,686 for.

FOR
FOR: 1,016,686
Largest asset managers voting on “Election of Directors: H. Andrew Walls, III” at FIRST UNITED CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Dimensional336,2430 00For
Vanguard302,9100 00For
ADVISORS SERIES TRUST78,0080 00For
American Century77,0610 00For
Fidelity53,2690 00For
BRIDGEWAY FUNDS INC47,4680 00For
BlackRock40,5980 00For
EA Series Trust26,5920 00For
Invesco13,7930 00For
T. Rowe Price7,9010 00For
Northern Trust6,0850 00For
WisdomTree4,7510 00For
RBC FUNDS TRUST3,8000 00For
First Trust3,7740 00For
Angel Oak Financial Strategies Income Term Trust3,7000 00For
Charles Schwab2,8490 00For
Pacific Life2,5990 00For
Prudential/PGIM1,8400 00For
Equitable1,0360 00For
Victory Capital6870 00For
Jackson National4890 00For
Lincoln Financial4610 00For
Lazard4140 00For
John Hancock3580 00For

6. Elect Director: I. Robert Rudy

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

99.3% Majority: yes · of votes cast

FOR 99.3%
FOR: 3,508,043WITHHELD: 24,040
Details: description as filed, official tally, votes by 24 asset managers

Description as filed by funds: Election of Directors: I. Robert Rudy

FIRST UNITED CORP.’s own tally for this item (“Elect Director: I. Robert Rudy”): 3,508,043 for, 24,040 withheld, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.3% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 24 asset managers below reported 990,094 for, 26,592 abstained.

FOR
FOR: 990,094ABSTAIN: 26,592
Largest asset managers voting on “Election of Directors: I. Robert Rudy” at FIRST UNITED CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Dimensional336,2430 00For
Vanguard302,9100 00For
ADVISORS SERIES TRUST78,0080 00For
American Century77,0610 00For
Fidelity53,2690 00For
BRIDGEWAY FUNDS INC47,4680 00For
BlackRock40,5980 00For
EA Series Trust00 26,5920Abstain
Invesco13,7930 00For
T. Rowe Price7,9010 00For
Northern Trust6,0850 00For
WisdomTree4,7510 00For
RBC FUNDS TRUST3,8000 00For
First Trust3,7740 00For
Angel Oak Financial Strategies Income Term Trust3,7000 00For
Charles Schwab2,8490 00For
Pacific Life2,5990 00For
Prudential/PGIM1,8400 00For
Equitable1,0360 00For
Victory Capital6870 00For
Jackson National4890 00For
Lincoln Financial4610 00For
Lazard4140 00For
John Hancock3580 00For

7. Elect Director: John F. Barr

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

99.6% Majority: yes · of votes cast

FOR 99.6%
FOR: 3,548,659WITHHELD: 11,173
Details: description as filed, official tally, votes by 24 asset managers

Description as filed by funds: Election of Directors: John F. Barr

FIRST UNITED CORP.’s own tally for this item (“Elect Director: John F. Barr”): 3,548,659 for, 11,173 withheld, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.6% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 24 asset managers below reported 1,016,686 for.

FOR
FOR: 1,016,686
Largest asset managers voting on “Election of Directors: John F. Barr” at FIRST UNITED CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Dimensional336,2430 00For
Vanguard302,9100 00For
ADVISORS SERIES TRUST78,0080 00For
American Century77,0610 00For
Fidelity53,2690 00For
BRIDGEWAY FUNDS INC47,4680 00For
BlackRock40,5980 00For
EA Series Trust26,5920 00For
Invesco13,7930 00For
T. Rowe Price7,9010 00For
Northern Trust6,0850 00For
WisdomTree4,7510 00For
RBC FUNDS TRUST3,8000 00For
First Trust3,7740 00For
Angel Oak Financial Strategies Income Term Trust3,7000 00For
Charles Schwab2,8490 00For
Pacific Life2,5990 00For
Prudential/PGIM1,8400 00For
Equitable1,0360 00For
Victory Capital6870 00For
Jackson National4890 00For
Lincoln Financial4610 00For
Lazard4140 00For
John Hancock3580 00For

8. Elect Director: Kevin R. Hessler

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

99.9% Majority: yes · of votes cast

FOR 99.9%
FOR: 3,558,586WITHHELD: 1,027
Details: description as filed, official tally, votes by 24 asset managers

Description as filed by funds: Election of Directors: Kevin R. Hessler

FIRST UNITED CORP.’s own tally for this item (“Elect Director: Kevin R. Hessler”): 3,558,586 for, 1,027 withheld, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.9% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 24 asset managers below reported 1,016,686 for.

FOR
FOR: 1,016,686
Largest asset managers voting on “Election of Directors: Kevin R. Hessler” at FIRST UNITED CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Dimensional336,2430 00For
Vanguard302,9100 00For
ADVISORS SERIES TRUST78,0080 00For
American Century77,0610 00For
Fidelity53,2690 00For
BRIDGEWAY FUNDS INC47,4680 00For
BlackRock40,5980 00For
EA Series Trust26,5920 00For
Invesco13,7930 00For
T. Rowe Price7,9010 00For
Northern Trust6,0850 00For
WisdomTree4,7510 00For
RBC FUNDS TRUST3,8000 00For
First Trust3,7740 00For
Angel Oak Financial Strategies Income Term Trust3,7000 00For
Charles Schwab2,8490 00For
Pacific Life2,5990 00For
Prudential/PGIM1,8400 00For
Equitable1,0360 00For
Victory Capital6870 00For
Jackson National4890 00For
Lincoln Financial4610 00For
Lazard4140 00For
John Hancock3580 00For

9. Elect Director: Patricia A. Milon

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%
FOR: 3,533,160WITHHELD: 27,686
Details: description as filed, official tally, votes by 24 asset managers

Description as filed by funds: Election of Directors: Patricia A. Milon

FIRST UNITED CORP.’s own tally for this item (“Elect Director: Patricia A. Milon”): 3,533,160 for, 27,686 withheld, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.2% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 24 asset managers below reported 990,094 for, 26,592 against.

FOR
FOR: 990,094AGAINST: 26,592
Largest asset managers voting on “Election of Directors: Patricia A. Milon” at FIRST UNITED CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Dimensional336,2430 00For
Vanguard302,9100 00For
ADVISORS SERIES TRUST78,0080 00For
American Century77,0610 00For
Fidelity53,2690 00For
BRIDGEWAY FUNDS INC47,4680 00For
BlackRock40,5980 00For
EA Series Trust026,592 00Against
Invesco13,7930 00For
T. Rowe Price7,9010 00For
Northern Trust6,0850 00For
WisdomTree4,7510 00For
RBC FUNDS TRUST3,8000 00For
First Trust3,7740 00For
Angel Oak Financial Strategies Income Term Trust3,7000 00For
Charles Schwab2,8490 00For
Pacific Life2,5990 00For
Prudential/PGIM1,8400 00For
Equitable1,0360 00For
Victory Capital6870 00For
Jackson National4890 00For
Lincoln Financial4610 00For
Lazard4140 00For
John Hancock3580 00For

10. Elect Director: Sanu B. Chadha

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

99.9% Majority: yes · of votes cast

FOR 99.9%
FOR: 3,524,235WITHHELD: 1,094
Details: description as filed, official tally, votes by 24 asset managers

Description as filed by funds: Election of Directors: Sanu B. Chadha

FIRST UNITED CORP.’s own tally for this item (“Elect Director: Sanu B. Chadha”): 3,524,235 for, 1,094 withheld, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.9% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 24 asset managers below reported 990,094 for, 26,592 abstained.

FOR
FOR: 990,094ABSTAIN: 26,592
Largest asset managers voting on “Election of Directors: Sanu B. Chadha” at FIRST UNITED CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Dimensional336,2430 00For
Vanguard302,9100 00For
ADVISORS SERIES TRUST78,0080 00For
American Century77,0610 00For
Fidelity53,2690 00For
BRIDGEWAY FUNDS INC47,4680 00For
BlackRock40,5980 00For
EA Series Trust00 26,5920Abstain
Invesco13,7930 00For
T. Rowe Price7,9010 00For
Northern Trust6,0850 00For
WisdomTree4,7510 00For
RBC FUNDS TRUST3,8000 00For
First Trust3,7740 00For
Angel Oak Financial Strategies Income Term Trust3,7000 00For
Charles Schwab2,8490 00For
Pacific Life2,5990 00For
Prudential/PGIM1,8400 00For
Equitable1,0360 00For
Victory Capital6870 00For
Jackson National4890 00For
Lincoln Financial4610 00For
Lazard4140 00For
John Hancock3580 00For

11. Adoption of advisory resolution approving the compensation paid to the Corporation's named executive officers for 2024

Outcome not verifiedFund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%
FOR: 3,441,697AGAINST: 202,059
Details: description as filed, official tally, votes by 62 asset managers

Description as filed by funds: To approve, by a non-advisory vote, the compensation paid to the Corporation's named executive officers for 2024.

FIRST UNITED CORP.’s own tally for this item (“2. Adoption of advisory resolution approving the compensation paid to the Corporation's named executive officers for 2024”): 3,441,697 for, 202,059 against, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 24 asset managers voting on “To approve, by a non-advisory vote, the compensation paid to the Corporation's named executive officers for 20” at FIRST UNITED CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Dimensional336,2430 00For
Vanguard302,9100 00For
ADVISORS SERIES TRUST78,0080 00For
American Century077,061 00Against
Fidelity53,2690 00For
BRIDGEWAY FUNDS INC47,4680 00For
BlackRock40,5980 00For
EA Series Trust00 26,5920Abstain
Invesco13,7930 00For
T. Rowe Price7,9010 00For
Northern Trust6,0850 00For
WisdomTree4,7510 00For
RBC FUNDS TRUST3,8000 00For
First Trust3,7740 00For
Angel Oak Financial Strategies Income Term Trust3,7000 00For
Charles Schwab2,8490 00For
Pacific Life02,599 00Against
Prudential/PGIM1,8400 00For
Equitable1,0360 00For
Victory Capital6870 00For
Jackson National4890 00For
Lincoln Financial4610 00For
Lazard4140 00For
John Hancock3580 00For

Fund voting reports, all 24 managers: 910,434 for, 79,660 against, 26,592 abstained.

Institutional-manager reports: 49 asset managers voting on “To approve, by a non-advisory vote, the compensation paid to the Corporation's named executive officers for 20” at FIRST UNITED CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
GENDELL JEFFREY L178,3520 00For
FIRST UNITED BANK & TRUST176,3950 00For
American Century081,160 00Against
MARSHALL WACE, LLP78,3390 00For
Renaissance73,0950 00For
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP70,0540 00For
BASSWOOD CAPITAL MANAGEMENT, L.L.C.66,3520 00For
GEODE CAPITAL MANAGEMENT, LLC63,4000 00For
BRIDGEWAY CAPITAL MANAGEMENT, LLC48,3680 00For
Huber Capital Management LLC46,2310 00For
Goldman Sachs43,3520 00For
Citadel37,0130 00For
BlackRock35,5800 00For
Dimensional35,1250 00For
State Street25,5190 00For
Northern Trust23,7340 00For
O'SHAUGHNESSY ASSET MANAGEMENT, LLC21,9280 00For
Informed Momentum Co LLC14,7750 00For
Point7213,8310 00For
Invesco13,7930 00For
LSV ASSET MANAGEMENT12,0000 00For
RBC Dominion Securities Inc.12,0000 00For
Newton Investment Management North America, LLC11,1000 00For
FINANCIAL COUNSELORS INC9,6300 00For
Fisher Asset Management, LLC8,8000 00For

Institutional-manager reports, all 49 managers: 1,170,444 for, 81,160 against. Showing the 25 largest; every one is in the interactive database (link above).

12. Ratification of the appointment of Crowe LLP as the Corporation's independent registered public accounting firm for the…

Outcome not verifiedAUDIT-RELATEDReported outcome: Not verified

99.3% Majority: yes · of votes cast

FOR 99.3%
FOR: 4,856,599AGAINST: 29,561
Details: description as filed, official tally, votes by 24 asset managers

Description as filed by funds: To ratify the appointment of Crowe LLP as the Corporation's independent registered public accounting firm for 2025.

FIRST UNITED CORP.’s own tally for this item (“3. Ratification of the appointment of Crowe LLP as the Corporation's independent registered public accounting firm for the fiscal year ending December 31, 2025”): 4,856,599 for, 29,561 against, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.3% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 24 asset managers below reported 990,094 for, 26,592 against.

FOR
FOR: 990,094AGAINST: 26,592
Largest asset managers voting on “To ratify the appointment of Crowe LLP as the Corporation's independent registered public accounting firm for ” at FIRST UNITED CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Dimensional336,2430 00For
Vanguard302,9100 00For
ADVISORS SERIES TRUST78,0080 00For
American Century77,0610 00For
Fidelity53,2690 00For
BRIDGEWAY FUNDS INC47,4680 00For
BlackRock40,5980 00For
EA Series Trust026,592 00Against
Invesco13,7930 00For
T. Rowe Price7,9010 00For
Northern Trust6,0850 00For
WisdomTree4,7510 00For
RBC FUNDS TRUST3,8000 00For
First Trust3,7740 00For
Angel Oak Financial Strategies Income Term Trust3,7000 00For
Charles Schwab2,8490 00For
Pacific Life2,5990 00For
Prudential/PGIM1,8400 00For
Equitable1,0360 00For
Victory Capital6870 00For
Jackson National4890 00For
Lincoln Financial4610 00For
Lazard4140 00For
John Hancock3580 00For

Largest FIRST UNITED CORP. shareholders voting in 2024-2025

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 6,478,634 shares outstanding at the time of that meeting.

Fund voting reports: top FIRST UNITED CORP. shareholders by shares voted on “To approve, by a non-advisory vote, the compensation paid to the Corporation's named executive…”, 2024-2025
#Asset manager % of shares outstanding
1Dimensional 5.19%
2Vanguard 4.68%
3ADVISORS SERIES TRUST 1.20%
4American Century 1.19%
5Fidelity 0.82%
6BRIDGEWAY FUNDS INC 0.73%
7BlackRock 0.63%
8EA Series Trust 0.41%
9Invesco 0.21%
10T. Rowe Price 0.12%
Institutional-manager reports: top FIRST UNITED CORP. shareholders by shares voted on “To approve, by a non-advisory vote, the compensation paid to the Corporation's named executive…”, 2024-2025
#Asset manager % of shares outstanding
1GENDELL JEFFREY L 2.75%
2FIRST UNITED BANK & TRUST 2.72%
3American Century 1.25%
4MARSHALL WACE, LLP 1.21%
5Renaissance 1.13%
6ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 1.08%
7BASSWOOD CAPITAL MANAGEMENT, L.L.C. 1.02%
8GEODE CAPITAL MANAGEMENT, LLC 0.98%
9BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.75%
10Huber Capital Management LLC 0.71%

Reported FIRST UNITED CORP. holdings and ownership

As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.

FIRST UNITED CORP. holdings and ownership disclosed for the 2024-2025 proxy season
Holder % outstanding Disclosure
Dimensional Fund Advisors 5.78% 13F
Vanguard Group 4.70% 13F
Fourthstone LLC 4.30% 13G
Beth E. Moran 3.24% DEF14A
Millennium Management 2.17% 13F
Renaissance Technologies 1.74% 13F
BlackRock 1.34% 13F
Geode Capital 1.02% 13F
H. Andrew Walls, III 0.99% DEF14A
Goldman Sachs 0.91% 13F

Percentages above are of 6,478,634 shares outstanding, as reported by FIRST UNITED CORP. on its Form 10-Q dated April 30, 2025 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

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About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from FIRST UNITED CORP.’s 10-Q dated April 30, 2025. This page is a static snapshot rebuilt weekly on November 8, 2026; a live search always shows the current data.

FIRST UNITED CORP. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.

Cite this page

proxyvotesnow.com, “FIRST UNITED (FUNC) 2025 Annual Meeting: Shareholder Vote Results”, https://proxyvotesnow.com/company/first-united-corporation/2025 (version of November 9, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.