X0306 4 2021-05-27 0 0000763907 FIRST UNITED CORP/MD/ FUNC 0001538055 Sanders Keith 19 SOUTH SECOND STREET OAKLAND MD 21550 0 1 0 0 SVP & Sr. Trust Officer Phantom Stock 2021-05-27 4 A 0 1000 18.6358 A Common Stock 1000 2500 D Each share of phantom stock represents the right to receive one share of First United Corporation common stock or the cash value thereof. Shares of phantom stock are payable in cash or shares of common stock of First United Corporation following the reporting person's separation from service with First United Corporation. The phantom stock account is maintained under a deferred compensation plan, and the reporting person may transfer that account into an alternative account at any time. /s/ Keith R. Sanders 2021-05-27