Union Bankshares (UNB) director Gregory Sargent receives 694-share restricted stock grant

Rhea-AI Filing Summary

UNION BANKSHARES INC director Gregory D. Sargent received an equity grant of 694 shares of Common Stock as a stock award. The Form 4 classifies this as a grant or award acquisition with no cash price per share, indicating compensation rather than an open-market purchase. Following this grant, Sargent directly holds 2,946 shares of Union Bankshares common stock. According to the footnote, the grant consists of restricted stock units that will be settled in shares of common stock, subject to vesting conditions that must be satisfied in future periods.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Sargent Gregory D

Role null

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

Holdings After Transaction: Common Stock — 2,946 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Equity grant size: 694 shares Grant price per share: $0.0000 per share Post-transaction holdings: 2,946 shares

3 metrics

Equity grant size 694 shares Restricted stock unit award to director Gregory D. Sargent

Grant price per share $0.0000 per share Reported transaction price for the grant

Post-transaction holdings 2,946 shares Total Common Stock held directly after the grant

Key Terms

restricted stock units, vesting conditions, grant, award, or other acquisition

3 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.

grant, award, or other acquisition financial

"transaction code description is Grant, award, or other acquisition"

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^*

Sargent Gregory D

(Last) (First) (Middle)

15 CEDAR HILL DRIVE

(Street)

ST. ALBANS VERMONT 05478

(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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/20/2026		A		694	A	(1)	2,946	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/ Gregory D. Sargent	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)

FAQ

What did Union Bankshares (UNB) director Gregory D. Sargent report on this Form 4?

Gregory D. Sargent reported receiving a grant of 694 shares of Union Bankshares Common Stock as equity compensation. The award is structured as restricted stock units that convert into shares after future vesting conditions are met.

How many Union Bankshares (UNB) shares does Gregory D. Sargent hold after this grant?

After the reported grant, Gregory D. Sargent directly holds 2,946 shares of Union Bankshares Common Stock. This total reflects his position following the 694-share restricted stock unit grant disclosed in the Form 4 filing.

Was cash paid for the 694 Union Bankshares (UNB) shares granted to Sargent?

No cash was paid for the 694 shares granted to Sargent; the transaction price per share is reported as 0.0000. This indicates the shares were awarded as equity compensation instead of being purchased on the open market.

What type of equity award did Union Bankshares (UNB) grant to Gregory D. Sargent?

Union Bankshares granted Gregory D. Sargent restricted stock units that will be settled in Common Stock. These units are subject to vesting conditions in future periods before they convert into actual shares of Union Bankshares stock.

Does this Union Bankshares (UNB) Form 4 show a stock purchase or a grant?

The Form 4 shows a grant, not a purchase. The transaction code is “A,” described as a grant, award, or other acquisition, with a zero cash price per share, indicating compensation rather than an open-market stock purchase.