Union Bankshares insider updates holdings after DRIP and tax sale

Union Bankshares Inc. insider reports dividend-related share activity and tax withholding sale.

Accepted by SEC EDGAR 12/18/2025 - 03:31 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Union Bankshares Inc. insider reports dividend-related share activity and tax withholding sale. An officer of Union Bank, a subsidiary of Union Bankshares Inc., reported several transactions in the company’s common stock. On May 1, 2025, August 7, 2025, and November 6, 2025, the insider acquired small fractional-share amounts of common stock through the Company’s Dividend Reinvestment Plan at prices of $33.11, $27.30, and $23.42 per share, respectively. On December 16, 2025, 487.72 shares were disposed of in a transaction coded "F" at a price of $23.13 per share, typically indicating shares withheld to cover taxes. After these transactions, the insider directly beneficially owned approximately 9,088.7461 shares of Union Bankshares common stock.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Kendall Stephen H

Role Insider

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	487.72	$23.13	$11K
Other	Common Stock	93.1087	$23.42	$2K
Other	Common Stock	78.8438	$27.30	$2K
Other	Common Stock	64.3234	$33.11	$2K

Holdings After Transaction: Common Stock — 9,088.7461 shares (Direct)

Footnotes (3)

1. F1. These shares were acquired on 5/01/2025 through the Company's Dividend Reinvestment Plan.
2. F2. These shares were acquired on 8/07/2025 through the Company's Dividend Reinvestment Plan.
3. F3. These shares were acquired on 11/06/2025 through the Company's Dividend Reinvestment Plan.

FAQ

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

What insider transactions did Union Bankshares Inc (UNB) report in this filing?

The filing shows an officer of Union Bank acquired small amounts of Union Bankshares Inc common stock on May 1, 2025, August 7, 2025, and November 6, 2025 through the Company’s Dividend Reinvestment Plan and had a tax-related share disposition on December 16, 2025.

How many Union Bankshares (UNB) shares did the insider own after the reported transactions?

Following the reported transactions, the insider directly beneficially owned 9,088.7461 shares of Union Bankshares Inc common stock.

What were the purchase prices for the Union Bankshares (UNB) shares acquired via the Dividend Reinvestment Plan?

The shares acquired through the Dividend Reinvestment Plan were recorded at prices of $33.11 on May 1, 2025, $27.30 on August 7, 2025, and $23.42 on November 6, 2025.

What does the transaction coded "F" mean in this Union Bankshares (UNB) insider filing?

The transaction on December 16, 2025 is coded "F", which indicates a disposition of 487.72 shares at $23.13 per share commonly used for shares withheld to satisfy tax obligations on equity awards.

Did the Union Bankshares (UNB) insider use derivative securities in these transactions?

No derivative securities are listed as acquired or disposed of; the table for derivative securities shows no entries, so all reported activity involves common stock only.

What is the insider’s role in relation to Union Bankshares Inc (UNB)?

The reporting person is identified as an Officer of Union Bank, which is associated with Union Bankshares Inc, and is not listed as a director or 10% owner in this filing.

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

Form 4 Insider Transactions: What Each Field Means →

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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^*

Kendall Stephen H

(Last) (First) (Middle)

254 BIRCH ROAD

(Street)

SHELBURNE VT 05482

(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)
05/01/2025

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	05/01/2025	05/01/2025	J(1)		64.3234	A	$33.11	9,404.5136	D
Common Stock	08/07/2025	08/07/2025	J(2)		78.8438	A	$27.3	9,483.3574	D
Common Stock	11/06/2025	11/06/2025	J(3)		93.1087	A	$23.42	9,576.4661	D
Common Stock	12/16/2025	12/16/2025	F		487.72	D	$23.13	9,088.7461	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 5/01/2025 through the Company's Dividend Reinvestment Plan.

2. These shares were acquired on 8/07/2025 through the Company's Dividend Reinvestment Plan.

3. These shares were acquired on 11/06/2025 through the Company's Dividend Reinvestment Plan.

Remarks:

	/s/ Stephen H. Kendall	12/18/2025
	** 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.