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Union Bankshares (UNB) CFO receives 2,939 restricted stock units grant

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

Rhea-AI Filing Summary

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.

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*
Hale Karyn J

(Last) (First) (Middle)
475 WATERFORD HOLLOW LANE

(Street)
WATERFORD VT 05819

(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
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026
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 03/11/2026 A 2,939 A (1) 11,749.1361 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. Represents a grant of restricted stock units to be settled in shares of common stock, subject to satisfaction of vesting conditions in future periods.
Remarks:
/s/ Karyn J. Hale 03/11/2026
** 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 transaction did Union Bankshares (UNB) report for its CFO?

Union Bankshares reported that CFO Karyn J. Hale received 2,939 restricted stock units of common stock. These units are an equity compensation grant, not an open-market purchase, and will be settled in shares after meeting vesting conditions in future periods.

How many Union Bankshares (UNB) shares does the CFO hold after this Form 4?

After the reported grant, CFO Karyn J. Hale directly holds 11,749.1361 shares of Union Bankshares common stock. This total includes the newly awarded 2,939 restricted stock units that are scheduled to settle into shares once specified vesting conditions are satisfied.

Was the Union Bankshares (UNB) CFO’s Form 4 transaction a stock purchase or a grant?

The Form 4 shows a grant of 2,939 restricted stock units to CFO Karyn J. Hale, coded as an acquisition under a grant or award. No purchase price was paid, distinguishing it from an open-market share purchase transaction by the insider.

What are the vesting terms of the Union Bankshares (UNB) CFO’s restricted stock units?

The filing states that the 2,939 restricted stock units will be settled in shares of Union Bankshares common stock, subject to vesting conditions in future periods. Actual share delivery depends on meeting those vesting requirements over time, as described in the award’s terms.

Does the Union Bankshares (UNB) Form 4 indicate any stock sales by the CFO?

No stock sales are reported in this Form 4 for CFO Karyn J. Hale. The filing only discloses an acquisition via a grant of 2,939 restricted stock units, with no transactions marked as sales or dispositions of Union Bankshares common stock by the officer.
Union Bnkshrs

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