Union Bankshares (NASDAQ: UNB) sets $0.36 dividend and names new bank director

Rhea-AI Filing Summary

Union Bankshares, Inc. filed a report describing recent financial communications, a dividend declaration, and a board appointment at its banking subsidiary. The company issued a press release announcing net income and net income per share for the fourth quarter and full year ended December 31, 2025, along with a regular quarterly cash dividend.

The Board declared a quarterly cash dividend of $0.36 per share, payable on February 5, 2026 to shareholders of record on January 31, 2026. The Board also appointed Steven P. Cote, age 58, to the Board of Union Bank, its wholly owned subsidiary. He brings 34 years of insurance industry experience and has served as President of Chalmers Insurance Group, becoming the first non‑family president in the agency’s 158‑year history.

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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 21, 2026

(Exact name of registrant as specified in its charter)

UNION BANKSHARES, INC.

(State or other jurisdiction						(Commission			(IRS Employer
of incorporation)						File Number)			Identification Number)
VT						001-15985			03-0283552
(Address of principal executive offices)									(Zip Code)
20 Lower Main St., P.O. Box 667									05661-0667
Morrisville			,			VT

Registrant's telephone number, including area code: (802) 888-6600

(Former name or former address, if changed since last report)

Not applicable

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐    Soliciting materials pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to section 12(b) of the Act:

Common Stock, $2.00 par value

UNB

Nasdaq Stock Market

(Title of class)

(Trading Symbol)

(Exchanges registered on)

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition

As provided in General Instruction B.2 to Form 8-K, the information furnished in this Item 2.02 and in Exhibit 99.1 hereto shall not be deemed filed for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing with the Securities and Exchange Commission, except as shall be expressly provided by specific reference in such filing.    

On January 21, 2026, Union Bankshares, Inc. issued a press release, a copy of which is furnished with this Form 8-K as Exhibit 99.1, announcing net income and net income per share for the fourth quarter and year ended December 31, 2025, as well as the declaration of a regular quarterly cash dividend.

Item 8.01. Other Events

Declaration of Regular Quarterly Cash Dividend

On January 21, 2026 the Board of Directors of Union Bankshares, Inc. declared a quarterly cash dividend of $0.36 per share. The dividend is payable on February 5, 2026 to shareholders of record as of January 31, 2026.

Appointment of Subsidiary Director

The Board of Directors of Union Bankshares, Inc. appointed Steven P. Cote, age 58, to the Board of Union Bank, a wholly owned subsidiary of Union Bankshares, Inc. Steven currently serves as President of Chalmers Insurance Group, where he leads strategic direction, carrier relations, and the delivery of high‑quality client service experiences. He joined Chalmers in 2000 and became the first non‑family member in the agency’s 158‑year history to assume the role of President in 2014. He brings 34 years of experience in the insurance industry, complemented by longstanding service on boards and educational institutions in Maine and New Hampshire. His background in risk management, strategic planning, client service excellence and community engagement will provide valuable insight to the Board of Union Bank.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

The following Exhibit, referred to in Item 2.02 of the Report is furnished, not filed; herewith:

Exhibit 99.1    Union Bankshares, Inc. Press Release dated January 21, 2026, announcing a regular quarterly dividend and fourth quarter and year ended December 31, 2025 net income and net income per share.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			Union Bankshares, Inc.
January 21, 2026			/s/ David S. Silverman
			David S. Silverman
			Chief Executive Officer
January 21, 2026			/s/ Karyn J. Hale
			Karyn J. Hale
			Chief Financial Officer

EXHIBIT INDEX

99.1			Union Bankshares, Inc. Press Release dated January 21, 2026, announcing a regular quarterly dividend and fourth quarter and year ended December 31, 2025 net income and net income per share.
104			Cover Page Interactive Data File (embedded within the Inline XBRL document)

FAQ

What did Union Bankshares, Inc. (UNB) announce in this 8-K filing?

Union Bankshares, Inc. announced it issued a press release covering fourth quarter and full-year 2025 net income and net income per share, declared a regular quarterly cash dividend, and reported the appointment of a new director to the Board of its banking subsidiary.

What is the new quarterly dividend declared by Union Bankshares, Inc. (UNB)?

The Board of Directors declared a quarterly cash dividend of $0.36 per share. This dividend reflects the company’s decision to continue returning cash to shareholders on a regular schedule.

When will Union Bankshares, Inc. (UNB) pay the declared dividend and who is eligible?

The $0.36 per share quarterly dividend is payable on February 5, 2026 to shareholders of record as of January 31, 2026. Investors holding shares on the record date are entitled to receive this payment.

What financial information did Union Bankshares, Inc. (UNB) reference for Q4 and 2025?

The company stated that a press release, furnished as Exhibit 99.1, announces its net income and net income per share for the fourth quarter and year ended December 31, 2025, together with the regular quarterly cash dividend declaration.

Who was appointed to the Union Bank Board and what is his background?

The Board appointed Steven P. Cote, age 58, to the Board of Union Bank. He is President of Chalmers Insurance Group, joined the firm in 2000, and in 2014 became the first non‑family member to serve as president in the agency’s 158‑year history, bringing 34 years of insurance industry experience and a background in risk management, strategic planning, client service, and community engagement.

Is the Union Bankshares, Inc. (UNB) earnings press release part of this 8-K filing?

Yes. The company noted that the press release announcing net income and net income per share for the fourth quarter and year ended December 31, 2025, and the regular quarterly dividend, is furnished as Exhibit 99.1 to this report.