STOCK TITAN

Union Bankshares (UNB) officer details dividend reinvestment and share withholding

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Union Bankshares Inc. insider reports dividend-based share activity

An officer of Union Bankshares Inc. reported routine changes in ownership of the company’s common stock. The insider acquired small incremental amounts of stock through the Company’s Dividend Reinvestment Plan on three dates: 24.8831 shares on 05/01/2025, 30.5003 shares on 08/07/2025, and 36.0185 shares on 11/06/2025, all coded as acquisitions. On 12/16/2025, 727.41 shares were disposed of in a transaction coded "F," which typically reflects shares withheld to cover obligations such as taxes.

After these transactions, the reporting person directly beneficially owned 4,635.9591 shares of Union Bankshares Inc. common stock. The filing is a standard Form 4 report of insider ownership and does not describe any change in company operations or strategy.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Schoenig Vincent W

(Last) (First) (Middle)
75 FENIMORE STREET #2

(Street)
MORRISVILLE VT 05661

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
UNION BANKSHARES INC [ UNB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
Officer (give title below) X Other (specify below)
Officer of Union Bank
3. Date of Earliest Transaction (Month/Day/Year)
05/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/01/2025 05/01/2025 J(1) 24.8831 A $33.11 5,296.8503 D
Common Stock 08/07/2025 08/07/2025 J(2) 30.5003 A $27.3 5,327.3506 D
Common Stock 11/06/2025 11/06/2025 J(3) 36.0185 A $23.42 5,363.3691 D
Common Stock 12/16/2025 12/16/2025 F 727.41 D $23.13 4,635.9591 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. These shares were acquired on 5/01/2025 through the Company's Dividend Reinvestment Plan.
2. These shares were acquired on 8/07/2025 through the Company's Dividend Reinvestment Plan.
3. These shares were acquired on 11/06/2025 through the Company's Dividend Reinvestment Plan.
Remarks:
/s/ Vincent W. Schoenig 12/18/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Union Bankshares Inc. (UNB) report on this Form 4?

The filing shows an officer acquired 24.8831, 30.5003, and 36.0185 Union Bankshares Inc. common shares on 05/01/2025, 08/07/2025, and 11/06/2025, and disposed of 727.41 shares on 12/16/2025.

How were the UNB shares acquired according to this Form 4?

The explanations state the shares on 05/01/2025, 08/07/2025, and 11/06/2025 were acquired through the Company’s Dividend Reinvestment Plan.

What does the transaction code "F" mean in the Union Bankshares (UNB) Form 4?

The 12/16/2025 transaction is coded "F", which indicates a disposition of 727.41 shares, typically representing shares withheld to satisfy obligations such as taxes.

How many Union Bankshares Inc. (UNB) shares does the insider own after these transactions?

Following the reported transactions, the insider directly beneficially owned 4,635.9591 shares of Union Bankshares Inc. common stock.

Is this Union Bankshares (UNB) Form 4 filed by one or multiple reporting persons?

The document indicates it is a Form filed by One Reporting Person.

What is the insider’s relationship to Union Bankshares Inc. (UNB)?

The filer is marked as an Officer of Union Bank, and not as a director or 10% owner.
Union Bnkshrs

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United States
MORRISVILLE