Form 4: Union Bankshares Officer Reports Share Transactions

Vincent W. Schoenig, an officer of Union Bankshares Inc., reported multiple acquisitions of common stock through a dividend reinvestment plan and a subsequent disposition.

Summary

• Vincent W. Schoenig, an officer of Union Bank, reported changes in beneficial ownership of UNION BANKSHARES INC common stock.
• Acquired 24.8831 shares on May 1, 2025, at $33.11 per share through the Company's Dividend Reinvestment Plan.
• Acquired 30.5003 shares on August 7, 2025, at $27.30 per share through the Company's Dividend Reinvestment Plan.
• Acquired 36.0185 shares on November 6, 2025, at $23.42 per share through the Company's Dividend Reinvestment Plan.
• Disposed of 727.41 shares on December 16, 2025, at $23.13 per share.
• Following these transactions, beneficial ownership stands at 4,635.9591 shares.

Sentiment

Score: 4

Explanation: While DRIP participation is positive, the significant disposition at a lower price, resulting in a net decrease in beneficial ownership, suggests a moderately negative signal regarding the stock's short-term performance or the officer's view on its immediate prospects, even if the disposition is for tax purposes.

Positives

• Continued participation in the Dividend Reinvestment Plan indicates a long-term commitment to the company and its dividend policy.
• The officer's beneficial ownership increased through DRIP acquisitions before the disposition.

Negatives

• A significant disposition of 727.41 shares occurred on December 16, 2025, reducing the officer's overall beneficial ownership.
• The disposition price of $23.13 is lower than the acquisition prices of $33.11 and $27.30 for earlier DRIP shares, suggesting a decline in share price over the period.

Future Outlook

NA

Industry Context

This filing details specific insider transactions and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: Insider selling, even if for tax purposes, can sometimes be perceived negatively, especially when the sale price is lower than recent acquisition prices, potentially influencing investor sentiment.

Key Dates

Keywords

UNION BANKSHARES INC, UNB, Form 4, Insider Trading, Dividend Reinvestment Plan, Officer Transactions, Stock Ownership, Vincent W. Schoenig