Union Bankshares (UNB) director receives 694 restricted stock units

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Parent Mary K reported acquisition or exercise transactions in this Form 4 filing.

Union Bankshares Inc. director Mary K. Parent received a grant of 694 shares of Common Stock in the form of restricted stock units, with no cash purchase price. These units will be settled in common shares, subject to vesting conditions in future periods.

After this award, Parent directly holds a total of 2,247 shares of Union Bankshares common stock, indicating a relatively modest, compensation-related increase in her equity stake rather than an open-market share purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Parent Mary K

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	694	$0.00	--

Holdings After Transaction: Common Stock — 2,247 shares (Direct, null)

Footnotes (1)

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Key Figures

Restricted stock units granted: 694 shares Reported grant price: $0.0000 per share Shares held after transaction: 2,247 shares

3 metrics

Restricted stock units granted 694 shares Grant of restricted stock units to director Mary K. Parent

Reported grant price $0.0000 per share Compensation-related award, not open-market purchase

Shares held after transaction 2,247 shares Total direct holdings of Mary K. Parent following the grant

Key Terms

restricted stock units, vesting conditions, Common Stock, Grant, award, or other acquisition

4 terms

restricted stock units financial

"Represents a grant of restricted stock units to be settled in shares of common stock"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

vesting conditions financial

"subject to satisfaction of vesting conditions in future periods"

Vesting conditions are the rules that determine when someone earning company stock or stock options actually gains the right to keep or sell them, typically based on staying with the company for a set time or meeting performance targets. Think of it like keys that unlock gradually — some unlock by calendar date, others only after agreed milestones. Investors care because vesting shapes management incentives, the timing of share sales, and the number of shares that can enter the market, which can affect a company's valuation and ownership mix.

Common Stock financial

"security_title: 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.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 05/22/2026 - 04:18 PM Accepted by SEC EDGAR 05/22/2026 - 04:17 PM

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^*

Parent Mary K

(Last)

(First)

(Middle)

144 PLEASANT STREET

(Street)

ST. JOHNSBURY

VERMONT

05819

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
UNION BANKSHARES INC [ UNB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/20/2026		A		694	A	⁽¹⁾	2,247	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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/ Mary K. Parent	05/22/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Union Bankshares (UNB) director Mary K. Parent report on this Form 4?

Mary K. Parent reported receiving 694 restricted stock units of Union Bankshares common stock as a grant, at no cash purchase price. The units will be settled in common shares, subject to vesting conditions that must be satisfied in future periods.

How many Union Bankshares (UNB) shares does Mary K. Parent hold after the reported grant?

After the reported grant, Mary K. Parent directly holds 2,247 shares of Union Bankshares common stock. This total includes the 694 restricted stock units awarded in the transaction, which are scheduled to settle in shares once the applicable vesting conditions are met.

Was Mary K. Parent’s Union Bankshares (UNB) transaction an open-market stock purchase?

No, the transaction was not an open-market purchase. The Form 4 shows a code “A” transaction, described as a grant, award, or other acquisition, consisting of 694 restricted stock units awarded as compensation, at a reported price of $0.0000 per share.

What are the terms of the restricted stock units granted to the Union Bankshares (UNB) director?

The filing states that the 694 units represent a grant of restricted stock units to be settled in shares of Union Bankshares common stock. Settlement is subject to satisfaction of vesting conditions in future periods, meaning the director must meet those conditions before receiving the underlying shares.

Does the Union Bankshares (UNB) Form 4 mention any derivative securities for Mary K. Parent?

The Form 4 data show no derivative transactions or remaining derivative positions for Mary K. Parent. The reported activity involves only non-derivative Common Stock through a grant of restricted stock units, with no options, warrants, or other derivative instruments listed in this filing.