First Community Corp EVP Fred Joseph Deutsch Sells 10,000 Shares Between $34.50 and $34.53 on July 28, 2026

Details of Executive Stock Sales

On July 28, 2026, Fred Joseph Deutsch executed two separate sales of First Community Corp common stock, as reported in the SEC regulatory filing. The initial sale involved 5,000 shares at $34.53 per share, followed by another 5,000 shares sold at $34.50 per share. Both transactions were classified as standard sales, indicating ordinary market transactions rather than derivative or contingent sales.

Deutsch holds dual roles within First Community Corp as Executive Vice President and Director, positioning him within the company’s senior leadership. These roles subject him to beneficial ownership reporting requirements under Section 16 of the Securities Exchange Act of 1934, ensuring transparency for investors regarding insider securities transactions.

Beneficial Ownership Following the Sales

After completing both sales, Deutsch’s beneficial ownership in First Community Corp totaled 41,936 shares. The filing details that following the first sale at $34.53, his beneficial ownership was 23,468 shares, and after the second sale at $34.50, it was 18,468 shares. The precise calculation methodology for these sequential ownership figures was not explicitly outlined in the disclosure.

Additionally, 5,258 of Deutsch’s beneficially owned shares are held jointly with his spouse, as noted in the Form 4 explanatory section. This joint ownership reflects common estate planning or marital property arrangements typical among corporate insiders. All shares are held in direct beneficial ownership, granting Deutsch actual or constructive control without intermediaries.

Transaction Pricing and Market Environment

The two sales occurred at nearly identical prices, differing by only three cents per share—$34.53 for the first and $34.50 for the second—suggesting the trades took place within a narrow timeframe or reflected minimal intraday price fluctuations. The filing does not provide further details on market conditions, trading volume, or the timing of each sale within the trading day.

Investors tracking insider trading often analyze such pricing data to gauge the valuation levels at which company leadership is willing to sell equity. However, insider sales can be motivated by various factors including personal financial planning, diversification, tax considerations, or liquidity needs, and should not be interpreted as definitive indicators of management’s outlook without additional context.

Compliance with Insider Reporting and Filing Procedures

The Form 4 filing was submitted on July 28, 2026—the same day as the transactions—demonstrating adherence to SEC requirements for timely insider disclosure. The filing was signed by D. Shawn Jordan under a power of attorney granted by Deutsch, a common practice permitting authorized individuals to file regulatory documents on behalf of insiders.

SEC rules mandate Form 4 submissions within two business days following insider transactions to ensure prompt public disclosure. These filings are publicly accessible through the SEC’s EDGAR database, allowing investors to monitor insider trading activity at First Community Corp.

Fred Joseph Deutsch’s Leadership Role at First Community Corp

As Executive Vice President, Deutsch holds a senior management position with significant operational or strategic responsibilities within First Community Corp. His concurrent role as a Director places him on the company’s board, where he participates in governance, oversight of management, and corporate strategy development.

Executives serving in both operational and board roles are subject to enhanced disclosure obligations due to their access to material nonpublic information. Insider sales by such individuals often attract scrutiny to assess potential implications regarding management’s confidence in the company’s prospects.

Direct Ownership and Control of Shares

All shares reported in the filing are held in direct beneficial ownership by Deutsch, indicating he has direct control and title to these securities. This contrasts with indirect ownership structures such as trusts or nominee arrangements. The 5,258 shares held jointly with his spouse are also classified as direct ownership due to the spousal relationship.

The filing confirms no derivative securities—such as options, warrants, or convertibles—were involved in these transactions. The disclosure solely concerns common stock sales, simplifying regulatory reporting and indicating no exercise or disposition of derivative interests.

Reporting Person’s Address and Jurisdiction

The filing lists Deutsch’s address as 5455 Sunset Boulevard, Lexington, South Carolina 29072. This residential information is included in Form 4 filings for regulatory and contact purposes. The South Carolina address aligns with First Community Corp’s incorporation in South Carolina, as denoted by the "/SC/" designation in its legal name.

Providing full address details is standard in insider filings, creating a public record of insider residences to support regulatory transparency.

Investor Implications of Insider Sales

Investors and analysts often monitor insider stock sales as potential indicators of management sentiment, though such transactions should be interpreted with caution. A single sale of a relatively modest number of shares by a senior executive typically does not indicate significant concerns about the company’s future.

Investors should consider whether the sale reflects routine portfolio management or personal financial needs rather than a signal about company fundamentals. Multiple insider sales clustered over time may warrant closer scrutiny, but Form 4 filings provide transaction data without management commentary on motives.

For deeper insight, investors are encouraged to review company press releases, earnings calls, and other regulatory filings to better understand management’s perspective and business outlook.

SEC Disclosure Requirements for Insider Transactions

Form 4 filings serve as the primary mechanism for public disclosure of insider beneficial ownership changes. Under Section 16 of the Securities Exchange Act, officers, directors, and principal shareholders must report securities transactions to promote market transparency and prevent insider trading abuses.

The filing for Deutsch’s transactions includes detailed codes, pricing, and ownership data enabling investors and regulators to monitor insider activity precisely. The SEC’s searchable database allows market participants to track insider trading trends and identify patterns among company leadership, reinforcing transparency in U.S. capital markets.