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Union Bankshares (UNB) officer awarded 2,750 restricted stock units

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

Rhea-AI Filing Summary

Union Bankshares Inc. reported that Jonathan Jay Gould, an officer of Union Bank, received a grant of 2,750 restricted stock units of common stock at no cost. These RSUs will settle in shares if future vesting conditions are met, raising his direct holdings to 14,829.7241 shares. He also acquired 149.6353 common shares on February 5, 2026 at $24.7444 per share through the Company’s Dividend Reinvestment Plan, a routine reinvestment of cash dividends into additional stock.

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Insider Gould Jonathan Jay
Role Insider
Type Security Shares Price Value
Grant/Award Common Stock 2,750 $0.00 --
Other Common Stock 149.635 $24.7444 $4K
Holdings After Transaction: Common Stock — 14,829.724 shares (Direct)
Footnotes (1)
  1. These shares were acquired on 2/05/2026 through the Company's Dividend Reinvestment Plan. Represents a grant of restricted stock units to be settled in shares of common stock, subject to satisfaction of vesting conditions in future periods.
Form 4 Insider Transactions: What Each Field Means →
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*
Gould Jonathan Jay
(Last) (First) (Middle)
18 HUNT ROAD
(Street)
BRISTOL NH 03222
(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)
02/05/2026
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 02/05/2026 02/05/2026 J(1) 149.6353 A $24.7444 12,079.7241 D
Common Stock 03/11/2026 A 2,750 A (2) 14,829.7241 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 2/05/2026 through the Company's Dividend Reinvestment Plan.
2. 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/ Jonathan J. Gould 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Jonathan Jay Gould report at UNION BANKSHARES INC (UNB)?

Jonathan Jay Gould reported receiving 2,750 restricted stock units of Union Bankshares common stock as a grant at no cash cost. He also acquired 149.6353 shares through the Company’s Dividend Reinvestment Plan, which reinvests cash dividends into additional common shares automatically.

How many UNION BANKSHARES INC (UNB) shares does Jonathan Jay Gould hold after these transactions?

After the reported transactions, Jonathan Jay Gould directly holds 14,829.7241 shares of Union Bankshares common stock. This figure includes the newly granted 2,750 restricted stock units, which are to be settled in shares upon vesting, plus shares accumulated through prior holdings and dividend reinvestment.

What is the nature of the 2,750-share grant reported by Jonathan Jay Gould at UNB?

The 2,750-share grant is an award of restricted stock units that will be settled in Union Bankshares common shares. Settlement is subject to future vesting conditions, meaning Gould must satisfy specified service or performance requirements before the shares are delivered to him.

Was cash paid for the 2,750 UNION BANKSHARES INC shares acquired by Jonathan Jay Gould?

No cash was paid for the 2,750 shares associated with the restricted stock unit grant, which was awarded at a price of $0.0000 per share. This reflects a compensation-related equity grant rather than an open-market purchase of Union Bankshares stock.

How did Jonathan Jay Gould acquire 149.6353 UNION BANKSHARES INC shares on February 5, 2026?

Jonathan Jay Gould acquired 149.6353 Union Bankshares common shares on February 5, 2026 through the Company’s Dividend Reinvestment Plan. Under this plan, cash dividends are automatically used to buy additional shares, here at a reported price of $24.7444 per share.

Are Jonathan Jay Gould’s recent UNION BANKSHARES INC transactions open-market buys or compensation awards?

His recent Union Bankshares transactions are a mix of compensation and reinvestment activity. The 2,750-share restricted stock unit grant is a compensation award, while the 149.6353 shares were acquired automatically via the Dividend Reinvestment Plan, not through an open-market purchase.