Union Bankshares officer reports zero UNB stock
A Union Bank officer filed an initial Form 3 for UNION BANKSHARES INC, reporting no direct ownership of UNB common stock.
Rhea-AI Filing Summary
UNION BANKSHARES INC (UNB) has a new Form 3 on file for Kent Mitchell A, identified as an "Officer of Union Bank," reporting beneficial ownership of the company’s common stock. The filing lists a direct holding of 0 shares of common stock as of August 19, 2026, and shows no reportable transactions or derivative positions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kent Mitchell A
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct)
Key Figures
Direct common stock holdings after reporting date: 0 shares
Holding entries reported: 1 entry
Derivative positions reported: 0 positions
3 metrics
Direct common stock holdings after reporting date
0 shares
Beneficial ownership of UNION BANKSHARES INC common stock as of August 19, 2026
Holding entries reported
1 entry
Number of common stock holding lines in the Form 3
Derivative positions reported
0 positions
No derivative securities listed in the Form 3
Key Terms
Common Stock, beneficial ownership, direct ownership
3 terms
Common Stock financial
"The filing lists a direct holding of Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
beneficial ownership financial
"reporting beneficial ownership of the company’s common stock"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
direct ownership financial
"It reports that Kent Mitchell A has 0 shares in direct ownership"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the new Form 3 for UNB disclose about Kent Mitchell A’s holdings?
It reports that Kent Mitchell A, described as an "Officer of Union Bank," has 0 shares of UNION BANKSHARES INC common stock in direct ownership as of August 19, 2026, with no derivative positions disclosed.
What type of security is reported in Kent Mitchell A’s UNB Form 3?
The filing covers Common Stock of UNION BANKSHARES INC. It indicates that Kent Mitchell A holds 0 shares of this security directly as of August 19, 2026.
Does the UNB Form 3 mention any Rule 10b5-1 trading plan for Kent Mitchell A?
No Rule 10b5-1 trading plan is indicated. The structured data shows the plan status field as null, and there are no footnotes describing trades under a pre-arranged plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.