Bugbee Dawn D 4

What Happened

• Dawn Bugbee, a director of Union Bankshares, was granted 694 restricted stock units (RSUs) on May 20, 2026. The filing reports this as an award/grant (transaction code A); no per-share price or immediate cash value is provided (listed as N/A).
• This was a compensation award rather than an open‑market purchase or sale — RSUs typically convert to shares if and when vesting conditions are met, so it is not a direct market bet by the insider.

Key Details

• Transaction date: 2026-05-20; Form 4 filed: 2026-05-22 (appears filed within the standard two business-day window).
• Shares/units granted: 694 RSUs; price/value: N/A (no immediate cash transaction).
• Shares owned after transaction: Not disclosed in the provided filing summary.
• Footnote F1: Confirms these are restricted stock units to be settled in common shares subject to future vesting conditions.
• Transaction code: A (award/grant).

Context

• RSU grants are a common form of executive/director compensation and will only result in issuance of common stock if vesting conditions are satisfied; they do not represent an immediate purchase or sale in the market.
• Such awards are informational about compensation but should not be interpreted as a direct bullish or bearish signal by themselves.