Form 4: Union Bankshares Officer Reports Stock Transactions

Jonathan Jay Gould, an officer of Union Bankshares Inc., reported multiple stock acquisitions through a dividend reinvestment plan and a disposition for tax purposes.

Summary

• Jonathan Jay Gould, an officer of Union Bank, reported several transactions involving UNION BANKSHARES INC (UNB) common stock.
• On May 1, 2025, Gould acquired 92.3352 shares at $33.11 per share through the Company's Dividend Reinvestment Plan, increasing holdings to 12,151.5032 shares.
• On August 7, 2025, an additional 113.1793 shares were acquired at $27.30 per share via the Dividend Reinvestment Plan, bringing the total to 12,264.6825 shares.
• On November 6, 2025, Gould acquired 133.6563 shares at $23.42 per share through the Dividend Reinvestment Plan, resulting in a total of 12,398.3388 shares.
• On December 16, 2025, 468.25 shares were disposed of at $23.13 per share, likely for tax withholding purposes (transaction code F), reducing beneficial ownership to 11,930.0888 shares.

Sentiment

Score: 5

Explanation: The filing is a routine insider transaction report (Form 4) detailing acquisitions through a dividend reinvestment plan and a disposition for tax withholding. It does not inherently convey positive or negative sentiment about the company's performance or prospects, representing standard compensation and investment activity.

Positives

• Acquisition of 339.1708 shares (92.3352 + 113.1793 + 133.6563) through the Dividend Reinvestment Plan indicates continued participation and reinvestment in the company.

Negatives

• Disposition of 468.25 shares for tax withholding purposes reduced overall beneficial ownership.

Future Outlook

This Form 4 filing does not contain forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This is a routine insider transaction report for a financial institution. Such filings are common and reflect individual compensation and investment activities rather than broader industry trends.

Stakeholder Impact

• Shareholders: Minor impact as these are routine insider transactions and do not signal significant changes in company strategy or performance.
• Employees: No direct impact on employees beyond the reporting person.

Key Dates

Keywords

Union Bankshares, UNB, Jonathan Jay Gould, Insider Trading, Form 4, Stock Transactions, Dividend Reinvestment Plan, Officer, Beneficial Ownership