Union Bankshares (UNB) officer granted 2,301 RSUs and adds shares via DRIP

Rhea-AI Filing Summary

Union Bankshares Inc. reported that Vincent W. Schoenig, an officer of Union Bank, received a grant of 2,301 restricted stock units of common stock on March 11, 2026. The units will be settled in shares of common stock if future vesting conditions are met.

The filing also shows that on February 5, 2026, Schoenig acquired 47.374 shares of common stock at $24.7444 per share through the Company’s Dividend Reinvestment Plan. Following these transactions, he directly holds 6,984.3331 shares of Union Bankshares common stock.

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)
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)		47.374	A	$24.7444	4,683.3331	D
Common Stock	03/11/2026		A		2,301	A	(2)	6,984.3331	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/ Vincent W. Schoenig	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 transactions did Vincent W. Schoenig report for UNB?

Vincent W. Schoenig reported receiving 2,301 restricted stock units on March 11, 2026 and acquiring 47.374 common shares on February 5, 2026 through Union Bankshares’ Dividend Reinvestment Plan, increasing his direct holdings to 6,984.3331 shares of common stock.

How many Union Bankshares (UNB) shares does Vincent W. Schoenig now own?

After the reported transactions, Vincent W. Schoenig directly owns 6,984.3331 Union Bankshares common shares. This reflects the addition of 2,301 restricted stock units granted on March 11, 2026 and 47.374 shares acquired on February 5, 2026 via the Dividend Reinvestment Plan.

Was the Union Bankshares (UNB) Form 4 a stock purchase or a grant?

The Form 4 primarily reports a stock grant. Schoenig received 2,301 restricted stock units at no stated price as compensation, subject to future vesting, and separately acquired 47.374 shares through the Company’s Dividend Reinvestment Plan rather than an open-market stock purchase.

What is the price and nature of the 47.374 UNB shares acquired by Schoenig?

Schoenig acquired 47.374 Union Bankshares common shares at $24.7444 per share on February 5, 2026. According to the disclosure, these shares were obtained automatically through the Company’s Dividend Reinvestment Plan, not through a discretionary open-market trade on a stock exchange.

How are the 2,301 Union Bankshares restricted stock units structured for Schoenig?

The 2,301 restricted stock units represent a grant to Schoenig that will be settled in Union Bankshares common stock in future periods. Settlement depends on satisfying vesting conditions, meaning the units convert into actual shares only if those conditions are met over time.

Does Vincent W. Schoenig hold Union Bankshares (UNB) shares directly or indirectly?

The filing indicates that Schoenig’s reported Union Bankshares holdings are direct. Both the restricted stock unit grant and the 47.374 shares acquired through the Dividend Reinvestment Plan are shown as directly owned, with no trust, partnership, or other indirect ownership structure referenced.