Union Bankshares officer gets stock grant, buys shares

Union Bankshares Inc. officer Patricia N. Hogan reported several equity transactions in company common stock.

Rhea-AI Filing Summary

Union Bankshares Inc. officer Patricia N. Hogan reported several equity transactions in company common stock. She received a grant of 2,301 restricted stock units that will be settled in shares of common stock if future vesting conditions are met. On the same Form 4, she acquired 108.5795 shares on February 5, 2026 through the company’s Dividend Reinvestment Plan and purchased 8.572 shares in an open-market or private transaction at $25.2846 per share. Following these transactions, she directly owns 11,858.8203 shares of Union Bankshares common stock.

Insider Trade Summary

Net Buyer: 8.572 shares

Net Buy 3 txns

Insider Hogan Patricia N

Role Insider

Bought 8.572 shs ($216.74)

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,301	$0.00	$0.00
Other	Common Stock	108.5795	$24.7444	$3K
Purchase	Common Stock	8.572	$25.2846	$216.74

Holdings After Transaction: Common Stock — 11,858.8203 shares (Direct)

Footnotes (2)

1. F1. These shares were acquired on 2/05/2026 through the Company's Dividend Reinvestment Plan.
2. F2. Represents a grant of restricted stock units to be settled in shares of common stock, subject to satisfaction of vesting conditions in future periods.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Union Bankshares (UNB) officer Patricia N. Hogan report in this Form 4?

Patricia N. Hogan reported receiving a grant of 2,301 restricted stock units, acquiring 108.5795 shares through the Dividend Reinvestment Plan, and purchasing 8.572 Union Bankshares common shares in an open-market or private transaction, increasing her direct ownership stake.

How many Union Bankshares (UNB) shares does Patricia N. Hogan own after these transactions?

After the reported transactions, Patricia N. Hogan directly owns 11,858.8203 shares of Union Bankshares common stock. This figure reflects her position following the restricted stock unit grant, the Dividend Reinvestment Plan acquisition, and the open-market purchase disclosed in the Form 4.

What was the size and price of Patricia N. Hogan’s open-market purchase of UNB stock?

Patricia N. Hogan purchased 8.572 shares of Union Bankshares common stock at $25.2846 per share. This open-market or private transaction was reported with transaction code “P,” indicating a purchase, and modestly increased her directly held share count.

What is the nature of the 2,301 restricted stock units granted to the Union Bankshares officer?

The 2,301 units are restricted stock units that will be settled in shares of Union Bankshares common stock. Settlement is subject to the satisfaction of vesting conditions in future periods, meaning the units convert into shares only if those conditions are met.

How did the Dividend Reinvestment Plan affect Patricia N. Hogan’s UNB share holdings?

On February 5, 2026, Patricia N. Hogan acquired 108.5795 Union Bankshares shares through the company’s Dividend Reinvestment Plan. Under such plans, cash dividends are automatically used to buy additional shares, incrementally increasing the shareholder’s ownership position over time.

Are any derivative securities or options reported for Patricia N. Hogan in this Union Bankshares filing?

No derivative securities or options are listed in the derivative summary for this Form 4. The reported transactions all involve Union Bankshares common stock and a grant of restricted stock units that are to be settled in common shares upon vesting.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/11/2026 - 04:40 PM EDT Learn about SEC filing dates

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^*

Hogan Patricia N

(Last) (First) (Middle)

11 OLD ROUTE 15

(Street)

CAMBRIDGE VT 05444

(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)		108.5795	A	$24.7444	9,549.2483	D
Common Stock	02/05/2026	02/05/2026	P		8.572	A	$25.2846	9,557.8203	D
Common Stock	03/11/2026		A		2,301	A	(2)	11,858.8203	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/ Patricia N. Hogan	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.