Welcome to our dedicated page for Union Bnkshrs SEC filings (Ticker: UNB), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Union Bankshares, Inc. filings document the public reporting of a Vermont bank holding company and its wholly owned subsidiary, Union Bank. Form 8-K filings furnish quarterly shareholder reports, earnings releases, net income and per-share results, regular cash dividend declarations, corrected press-release materials, and other material events tied to the company's financial condition.
Proxy and governance filings cover director elections, board structure, executive compensation, shareholder voting matters, and pay-versus-performance disclosures. Other current reports describe leadership succession arrangements, employment agreements, board appointments, and subsidiary governance, alongside the company's recurring disclosures on capital structure, dividend policy, operating results, and banking-business risks.
Union Bankshares, Inc. announced leadership transitions effective July 15, 2026. Union Bank’s Chief Accounting Officer Carrie R. Locklin, age 52, was appointed Chief Financial Officer of both Union Bankshares, Inc. and Union Bank, succeeding Karyn J. Hale, age 56. Hale continues as Chief Operating Officer of Union Bank and as a Vice President of Union Bankshares, Inc. The changes were detailed in a press release dated July 16, 2026.
The press release also reports that Mitchell Kent was promoted to Senior Risk Officer, succeeding Patricia Hogan upon her retirement. Kent oversees enterprise risk management, internal audit, compliance, fraud, security, and BSA/AML programs and joins the Senior Management Team. Locklin, with nearly twenty years at Union Bank since 2006, now leads financial reporting, planning, balance sheet management, and strategic financial decisions. Hale, with the bank since 2005, continues overseeing financial, human resources, operations, branch, and facilities teams and contributes to long-term strategic direction, supporting succession planning and the organization’s community banking focus.
Union Bankshares, Inc. reported second‑quarter 2026 net income of $2.9 million, or $0.61 per share, up from $2.4 million, or $0.53 per share, a year earlier. For the six months ended June 30, 2026, net income was $5.9 million, or $1.26 per share, compared with $4.9 million, or $1.08 per share, in 2025. Results benefited from higher net interest income, increased noninterest income including a $380 thousand gain on a branch property sale, and lower credit loss expense, partly offset by higher salaries and other operating costs and higher income tax expense.
Total assets reached $1.56 billion as of June 30, 2026, up 5.3% from $1.48 billion a year earlier, driven by growth in investment securities and loans. Loans totaled $1.12 billion, while deposits were $1.09 billion and borrowed funds $337.1 million. The allowance for credit losses on loans was $8.4 million, and management described asset quality as strong. Stockholders’ equity increased to $90.4 million, with book value per share rising 16.7% to $18.28, aided by common stock sales and a smaller accumulated other comprehensive loss on securities. The board declared a $0.36 per share quarterly cash dividend, payable August 6, 2026 to shareholders of record on July 27, 2026.
SPITLER JANET P reported acquisition or exercise transactions in this Form 4 filing.
Union Bankshares Inc. director Janet P. Spitler received an equity grant of 694 restricted stock units tied to the company’s common stock. The units were awarded at no cash cost per share and will be settled in common stock once future vesting conditions are met.
After this compensation-related award, Spitler’s direct holdings increased to 2,386 shares of Union Bankshares common stock. This is a routine stock-based compensation grant rather than an open-market purchase or sale.
Bugbee Dawn D reported acquisition or exercise transactions in this Form 4 filing.
Union Bankshares Inc. director Dawn D. Bugbee received an equity grant of 694 shares of Common Stock. The Form 4 shows this as a grant or award with no cash price per share, increasing her direct holdings to 6,087 shares after the transaction.
According to a footnote, the award consists of restricted stock units that will be settled in shares of common stock, subject to vesting conditions in future periods. This is a compensation-related equity grant rather than an open-market purchase.
Sargent Timothy Willis reported acquisition or exercise transactions in this Form 4 filing.
UNION BANKSHARES INC vice-chairman Timothy Willis Sargent reported receiving a grant of 694 shares of common stock in the form of restricted stock units at no cash cost. These units will be settled in common shares only after vesting conditions are met in future periods, bringing his directly held shares to 4,758.
Frame Walter B III reported acquisition or exercise transactions in this Form 4 filing.
UNION BANKSHARES INC director of Union Bank Walter B. Frame III received an award of 694 shares of common stock on May 20, 2026. The shares were granted as restricted stock units at no cash cost, and his directly owned holdings increased to 1,694 shares, subject to future vesting conditions.
UNION BANKSHARES INC director Nancy C. Putnam reported a stock-based compensation grant. On May 20, 2026, she acquired 694 shares of Common Stock at $0.00 per share through a grant of restricted stock units that will settle in common shares when vesting conditions are met in future periods. Following this award, she directly holds 5,353 Common Stock shares. This is a compensation-related acquisition, not an open-market purchase.
UNION BANKSHARES INC director Gregory D. Sargent received an equity grant of 694 shares of Common Stock as a stock award. The Form 4 classifies this as a grant or award acquisition with no cash price per share, indicating compensation rather than an open-market purchase. Following this grant, Sargent directly holds 2,946 shares of Union Bankshares common stock. According to the footnote, the grant consists of restricted stock units that will be settled in shares of common stock, subject to vesting conditions that must be satisfied in future periods.
Weidley Jeffrey F reported acquisition or exercise transactions in this Form 4 filing.
Union Bankshares Inc. President Jeffrey F. Weidley reported an equity compensation award. He received a grant of 3,000 restricted stock units, to be settled in shares of common stock, with settlement subject to vesting conditions in future periods.
The award carries a reported price of $0.00 per share, reflecting its nature as compensation rather than an open-market purchase. Following this grant, the filing shows Weidley with 3,000 shares of common stock held directly, all tied to this award.
UNION BANKSHARES INC reported that Steven P. Cote, listed as a Director of Union Bank, received an award of 694 shares of common stock in the form of restricted stock units on May 20, 2026. The grant carries no cash exercise price and will be settled in common shares after future vesting conditions are met. Following this equity award, Cote’s directly held common stock position reported in this filing increased to 794 shares, reflecting routine stock-based compensation rather than an open-market purchase.