Research Summary
AI-generated summary of this SEC filing
UNB Director Dawn D. Bugbee Buys 200 Shares
What Happened
Dawn D. Bugbee, a director of Union Bankshares, reported acquiring 200 shares on 2026-08-25. The shares were purchased at $23.80 per share for a total reported value of $4,760. The transaction is reported under Form 4 as a purchase (code P), an open-market/private purchase.
Key Details
- Transaction date: 2026-08-25; filing date: 2026-08-26 (Form 4 accession 0000706863-26-000075).
- Price: $23.80 per share; Shares acquired: 200; Total value: $4,760.
- Transaction code: P (purchase — open market or private purchase).
- Shares owned after transaction: not specified in the provided filing summary.
- No footnotes (e.g., 10b5-1 plan or tax withholding) were reported in the summary.
- Filing appears timely (reported the next day), so no late-filing flag noted.
Context
This was a small open-market purchase by a company director. Insider purchases are often watched by investors as one piece of information about insider sentiment, but the Form 4 itself does not explain the insider’s motivation. For retail investors, note the size: $4,760 is modest and may reflect routine buying rather than a material change in insider ownership.