Union Bankshares (NASDAQ: UNB) president files Form 3 showing zero common stock holdings
Rhea-AI Filing Summary
UNION BANKSHARES INC President files initial ownership report showing no common stock holdings. President Jeffrey F. Weidley submitted a Form 3 reporting his position in Union Bankshares Inc. The filing lists Common Stock with total shares following the reported entry of 0.0000, indicating no common shares are reported as beneficially owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Weidley Jeffrey F
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct)
Key Figures
Common Stock holdings: 0.0000 shares
Transaction date: 2026-05-04
Holding entries: 1 entry
+1 more
4 metrics
Common Stock holdings
0.0000 shares
Total shares following reported entry
Transaction date
2026-05-04
Date of reported Common Stock holding entry
Holding entries
1 entry
Transaction summary shows one holding entry
Net buy/sell shares
0 shares
Transaction summary net buy-sell direction neutral
Key Terms
Form 3, Common Stock, beneficially owned
3 terms
Form 3 regulatory
"President Jeffrey F. Weidley submitted a Form 3 reporting his position"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Common Stock financial
"The filing lists Common Stock with total shares following the reported entry"
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.
beneficially owned financial
"indicating no common shares are reported as beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the UNB Form 3 filing by President Jeffrey F. Weidley show?
The Form 3 shows President Jeffrey F. Weidley’s initial ownership in UNION BANKSHARES INC. It lists Common Stock with total shares following the reported entry of 0.0000, indicating no common shares are reported as beneficially owned in this filing.
What security is covered in Jeffrey F. Weidley’s Form 3 for UNB?
The Form 3 for UNION BANKSHARES INC lists Common Stock as the security title. For this security, the total shares following the reported entry are shown as 0.0000, so no beneficial ownership of common shares is reported.
Is there any buy or sell transaction in the UNB Form 3 for Jeffrey F. Weidley?
No buy or sell transactions are reported. The filing is categorized as a holding entry with an unknown transaction direction and total Common Stock shares following the entry of 0.0000, reflecting no reported trading activity in this Form 3.
What does the transaction summary indicate in the UNB Form 3 filing?
The transaction summary shows no buys, no sells, and one holding entry with an unknown transaction code. Net buy-sell shares are zero, and total Common Stock shares following the reported entry are 0.0000, indicating no reported position in common shares.