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.
The Union Bankshares, Inc. (UNB) SEC filings page on Stock Titan brings together the company’s regulatory disclosures from the U.S. Securities and Exchange Commission, with AI-powered tools to help interpret them. As a Vermont-incorporated bank holding company for Union Bank, Union Bankshares files annual reports on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K under Commission File Number 001-15985.
These filings provide detailed information on Union Bankshares’ commercial, retail, and municipal banking and wealth management activities in northern Vermont and New Hampshire. Investors can review discussions of loan growth, deposit composition, asset quality, credit loss expense, and the available-for-sale investment securities portfolio, including unrealized losses recorded in accumulated other comprehensive loss. Filings also describe the company’s use of brokered deposits, Federal Home Loan Bank advances, and, in certain periods, borrowings under the Federal Reserve’s Bank Term Funding Program.
Current reports on Form 8-K for UNB document material events such as quarterly and annual earnings releases, regular cash dividend declarations, balance sheet repositioning transactions, changes in independent auditors, amendments to the insider trading policy, and board-level changes at Union Bankshares and Union Bank. These disclosures can be useful for evaluating governance practices, auditor relationships, and policy frameworks.
Stock Titan enhances this data with AI-generated summaries that highlight key points from lengthy 10-K and 10-Q reports, explain technical sections in plain language, and call out trends in net interest income, credit costs, and capital metrics. The platform also surfaces Form 4 insider transaction reports and other relevant filings in real time as they appear on EDGAR, helping users quickly see how executives and directors are trading UNB shares and how new disclosures may affect their view of the company.
Union Bankshares, Inc. is asking shareholders to elect ten directors and ratify BDMP Assurance, LLP as external auditors for 2026 at its May 20, 2026 annual meeting. Shareholders of record on March 27, 2026, when 4,614,050 common shares were outstanding, may vote by phone, internet, mail, or in person.
The proxy outlines director biographies, committee structures, independence determinations, related‑party lending practices, and governance policies. It also details 2025 director fees, executive roles, and compensation, including salaries, cash incentives tied to Union Bank performance, and equity awards in restricted stock units.
Union Bankshares, Inc. announced a planned leadership transition at the board level tied to its existing age-limit bylaw. Board Chair Neil J. Van Dyke, age 72, will not stand for re-election at the 2026 annual meeting under Section 3.2 of the bylaws.
Following his retirement, current President and Chief Executive Officer David Silverman, who is already scheduled to retire from executive management in July, is expected to become Board Chair. Because Mr. Silverman will not qualify as an independent director under Nasdaq rules, Vice Chair Timothy Sargent has been designated to serve as Lead Independent Director once the changes are formally approved at the Board’s annual organizational meeting.
Union Bankshares, Inc., parent of Union Bank, reports on a community banking franchise focused on northern Vermont and New Hampshire, offering full retail, commercial, municipal, and wealth management services through 18 branches and three loan centers. The business is heavily driven by net interest income from loans and investments funded primarily by core deposits.
For the year ended December 31, 2025, average loans were 98.4% of average deposits, underscoring a loan‑centric balance sheet. The company highlights key risk areas—credit concentration in its two‑state footprint, interest rate and liquidity risk, securities valuation swings, and extensive regulatory and consumer‑protection oversight—while noting that Union Bank remains well capitalized, with Tier 1 and total risk‑based capital ratios of 11.87% and 12.81% at year‑end 2025.
Union Bankshares Inc officer Stephen H. Kendall reported new holdings in the company’s common stock. On March 11, 2026, he received 2,301 shares as a grant of restricted stock units that will be settled in shares if future vesting conditions are met, bringing his direct ownership to 11,495.5266 shares.
The filing also notes that on February 5, 2026, he acquired 105.7805 shares through the company’s Dividend Reinvestment Plan, which automatically reinvests cash dividends into additional shares. Both transactions appear to be routine compensation and dividend reinvestment activity rather than open-market trading.
Locklin Carrie R reported acquisition or exercise transactions in this Form 4 filing.
UNION BANKSHARES INC reported that Carrie R. Locklin, an officer of Union Bank, received a grant of 920 shares of common stock on March 11, 2026. The award was recorded at a price of $0.0000 per share as a compensation grant, not a market purchase.
After this grant, Locklin’s direct holdings increased to 3,273.3695 shares of common stock. According to the footnote, the award represents restricted stock units that will be settled in shares of common stock, subject to vesting conditions being satisfied in future periods.
Silverman David Scott reported acquisition or exercise transactions in this Form 4 filing.
Union Bankshares Inc. President and CEO David Scott Silverman received a grant of 6,153 shares of common stock in the form of restricted stock units. These units will be settled in shares of common stock if vesting conditions are met in future periods. Following this award, his directly held common stock position reported in this filing is 45,864.17 shares.
Hale Karyn J reported acquisition or exercise transactions in this Form 4 filing.
Union Bankshares Inc reported that Chief Financial Officer Karyn J. Hale received a grant of 2,939 shares of common stock in the form of restricted stock units. The award carries no purchase price and is part of her equity compensation.
The restricted stock units will be settled in shares of common stock, subject to vesting conditions in future periods. Following this grant, Hale directly holds a total of 11,749.1361 shares of Union Bankshares common stock.
Union Bankshares Inc. reported that Jonathan Jay Gould, an officer of Union Bank, received a grant of 2,750 restricted stock units of common stock at no cost. These RSUs will settle in shares if future vesting conditions are met, raising his direct holdings to 14,829.7241 shares. He also acquired 149.6353 common shares on February 5, 2026 at $24.7444 per share through the Company’s Dividend Reinvestment Plan, a routine reinvestment of cash dividends into additional stock.
Union Bankshares Inc. reported that Vincent W. Schoenig, an officer of Union Bank, received a grant of 2,301 restricted stock units of common stock on March 11, 2026. The units will be settled in shares of common stock if future vesting conditions are met.
The filing also shows that on February 5, 2026, Schoenig acquired 47.374 shares of common stock at $24.7444 per share through the Company’s Dividend Reinvestment Plan. Following these transactions, he directly holds 6,984.3331 shares of Union Bankshares common stock.
Union Bankshares Inc. officer Patricia N. Hogan reported several equity transactions in company common stock. She received a grant of 2,301 restricted stock units that will be settled in shares of common stock if future vesting conditions are met. On the same Form 4, she acquired 108.5795 shares on February 5, 2026 through the company’s Dividend Reinvestment Plan and purchased 8.572 shares in an open-market or private transaction at $25.2846 per share. Following these transactions, she directly owns 11,858.8203 shares of Union Bankshares common stock.