UNION BANKSHARES INC·4

Mar 11, 4:41 PM ET

Hale Karyn J 4

Research Summary

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Union Bankshares (UNB) CFO Karyn J. Hale Receives 2,939 RSUs

What Happened
Karyn J. Hale, Chief Financial Officer of Union Bankshares, was granted 2,939 restricted stock units (RSUs) on March 11, 2026. The filing lists the award as an "A" (grant/acquisition) and does not report a per-share price or total dollar value. These RSUs are compensation awards to be settled in shares subject to future vesting conditions, not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-03-11; Transaction type: Award/Grant (code A).
  • Price/value: Not reported (N/A) in the Form 4. To estimate value, multiply 2,939 by UNB's market price on or near the grant date.
  • Shares owned after transaction: Not provided in the filing.
  • Footnote: F1 — grant of RSUs to be settled in common stock, subject to vesting conditions in future periods.
  • Filing timeliness: Reported on the same date (Period of Report 2026-03-11); filing appears timely.

Context
RSUs are a form of equity compensation that typically vest over time and convert into actual shares only if vesting conditions are met; they do not represent an immediate cash purchase or sale. Such grants are common as part of executive pay and do not by themselves indicate a change in the insider's market view. Watch for future Form 4s when/if the units vest and shares are delivered or sold, which will show actual ownership changes or sales.