Been Jonathan W sold $504K of FCCO
Been Jonathan W sold 14,800 shares of FIRST COMMUNITY CORP /SC/ (FCCO) at $34.05 ($0.50M total) on 2026-09-03.
How this was made
The 30-second read
Why it matters
A director's sale of $504K may be interpreted as a negative cue, but the remaining stake is large.
Market read
The filing provides fresh, primary information that could influence short‑term trading decisions on FCCO.
What to watch
No 10b5‑1 plan and holdings remain sizable (120,655 shares), indicating continued commitment.
Background
Form 4 filings disclose insider transactions; investors monitor them for signals.
Ticker impact
Director Jonathan W. Been sold 14,800 shares of First Community Corp for $503,940 on 2026-09-03.
Modest downward pressure in the next trading session.
A $504K sale by a director is material for a mid‑cap bank but the amount is modest; market may react mildly.
Market effects
Minimal impact on regional banking sector; similar insider sales have limited spillover.
US regional banks may see slight sentiment drag.
None
Counterpoint
The sale could be a routine portfolio rebalancing, not a confidence signal.
Key entities
- CompanyFirst Community Corp
US regional bank (NASDAQ: FCCO) subject of the insider sale.
- InsiderJonathan W. Been
Director of First Community Corp who sold shares.