Union Bankshares, Inc. filings document the public reporting of a Vermont bank holding company and its wholly owned subsidiary, Union Bank. Form 8-K filings furnish quarterly shareholder reports, earnings releases, net income and per-share results, regular cash dividend declarations, corrected press-release materials, and other material events tied to the company's financial condition.
Proxy and governance filings cover director elections, board structure, executive compensation, shareholder voting matters, and pay-versus-performance disclosures. Other current reports describe leadership succession arrangements, employment agreements, board appointments, and subsidiary governance, alongside the company's recurring disclosures on capital structure, dividend policy, operating results, and banking-business risks.
Union Bankshares Inc. insider reports share disposition
The Chief Financial Officer of Union Bankshares Inc. (UNB) filed a report of a change in ownership of the company’s common stock. On 12/16/2025, a transaction coded “F” was reported involving the disposition of 725.71 shares of common stock at a price of $23.13 per share. Following this transaction, the reporting person directly beneficially owned 8,810.1361 shares of Union Bankshares common stock.
Union Bankshares Inc. reported an insider transaction by an officer of Union Bank. On 12/16/2025, the officer disposed of 178.47 shares of Union Bankshares common stock in a transaction coded "F" at a price of $23.13 per share. After this transaction, the reporting person directly owned 2,353.3695 shares of Union Bankshares common stock.
Union Bankshares Inc. insider activity shows modest share changes by an officer of Union Bank. The reporting person acquired fractional amounts of common stock on several dates in 2025 through the company’s Dividend Reinvestment Plan and small open-market purchases. These transactions include additions such as 66.4735 shares at $33.11, 81.4795 shares at $27.30, and 96.2209 shares at $23.42, along with corresponding small purchases at similar prices.
On 12/16/2025, 481.96 shares were disposed of at $23.13 under transaction code F, typically used for tax-related share withholding. Following the reported transactions, the officer held 9,440.6688 shares of Union Bankshares common stock with direct ownership.
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.
Union Bankshares Inc. insider reports dividend-based share activity
An officer of Union Bankshares Inc. reported routine changes in ownership of the company’s common stock. The insider acquired small incremental amounts of stock through the Company’s Dividend Reinvestment Plan on three dates: 24.8831 shares on 05/01/2025, 30.5003 shares on 08/07/2025, and 36.0185 shares on 11/06/2025, all coded as acquisitions. On 12/16/2025, 727.41 shares were disposed of in a transaction coded "F," which typically reflects shares withheld to cover obligations such as taxes.
After these transactions, the reporting person directly beneficially owned 4,635.9591 shares of Union Bankshares Inc. common stock. The filing is a standard Form 4 report of insider ownership and does not describe any change in company operations or strategy.
Union Bankshares Inc. insider, an officer of Union Bank, reported routine transactions in company common stock. On May 1, 2025, 92.3352 shares were acquired at $33.11 through the company’s Dividend Reinvestment Plan, followed by 113.1793 shares at $27.3 on August 7, 2025, and 133.6563 shares at $23.42 on November 6, 2025, all increasing the holding.
On December 16, 2025, 468.25 shares were disposed of at $23.13, reported with transaction code F, which typically indicates a withholding or similar transaction. After these activities, the reporting person directly beneficially owned 11,930.0888 Union Bankshares shares.
Union Bankshares Inc. insider transaction: On 12/16/2025, the company’s President & CEO and Director, David S. Silverman, reported a disposition of 453.73 shares of Union Bankshares common stock at a price of $23.13 per share, coded as transaction type "F" in the filing. Following this transaction, he reported beneficial ownership of 39,711.17 shares, held in direct form. The filing is made on Form 4 for one reporting person and covers non-derivative equity securities only, with no derivative securities reported in Table II.
Union Bankshares, Inc. reported several governance updates. The Audit Committee dismissed Berry, Dunn, McNeil & Parker, LLC as independent auditor on November 19, 2025 and the Board concurrently engaged BDMP Assurance, LLP for the fiscal year ending December 31, 2025. Prior audit reports for 2023 and 2024 contained no adverse opinions or qualifications, and the company states there were no disagreements or reportable events with the former auditor. The company also states it did not consult with BDMP Assurance, LLP on accounting matters before the appointment.
The Insider Trading Policy was amended so blackout periods now begin on the 20th day of the last month of each fiscal quarter, and a designee may assist in notifying insiders. In addition, Union Bank’s Board appointed Walter B. Frame III, a hospitality and real estate executive in the bank’s local markets, as a director of the subsidiary bank.
Union Bankshares (UNB) reported stronger Q3 2025 results. Net income was $3.436 million versus $1.324 million a year ago, and diluted EPS was $0.75 versus $0.29. Net interest income rose to $11.156 million from $9.430 million as interest and fees on loans reached $16.996 million. Credit loss expense was $313 thousand versus $425 thousand.
Total assets were $1.574 billion at September 30, 2025. Loans were $1.174 billion versus $1.156 billion at December 31, 2024, while deposits totaled $1.190 billion. Time deposits increased to $311.123 million. Stockholders’ equity improved to $77.679 million from $66.480 million, aided by a smaller accumulated other comprehensive loss of $27.530 million versus $33.997 million. Noninterest income was $3.350 million versus $1.605 million, reflecting higher gains on loan sales and other income.
The company declared dividends per common share of $0.36 for the quarter and recorded comprehensive income of $7.137 million.
Union Bankshares, Inc. furnished an update on operations by distributing its unaudited Third Quarter 2025 Report to Shareholders. The report covers results for the three and nine months ended September 30, 2025, and includes the declaration of a regular quarterly dividend.
The materials were furnished under Item 2.02 and attached as Exhibit 99.1, consistent with General Instruction B.2, meaning they are not deemed filed under Section 18 of the Exchange Act unless specifically incorporated by reference.