Steven P. Cote, a director at Union Bankshares Inc, has reported the purchase of 418 shares of common stock. This transaction took place on September 17, 2026, and increases his total holdings to 1,212 shares. The acquisition suggests a positive outlook on the bank's performance.

Union Bankshares Inc operates in the state commercial banks sector. The bank is incorporated in Vermont and has its business address in Morrisville, Vermont. As a financial institution, it is subject to various market and regulatory changes that can impact its operations.

According to the recent SEC filing, Cote acquired the shares at a price of $23.725 each. The filing indicates that the transaction was coded as an acquisition, reflecting Cote’s direct ownership of the shares. His confidence in the bank's future may resonate with other stakeholders in the financial sector.

This purchase may affect the bank's perception among investors and analysts, as insider transactions can signal confidence or concern about a company's future performance. The filing does not specify what actions might follow this acquisition.

Details of the Transaction

The SEC filing also indicates that the transaction was reported under Form 4, which is used to disclose changes in the ownership of securities by insiders. Cote's transaction was coded as a purchase (P), and it reflects direct ownership (D) of the shares acquired.

Company Information

Union Bankshares Inc is identified with the Central Index Key (CIK) number 0000706863 and operates under the trading symbol UNB. The bank is classified under the Standard Industrial Classification (SIC) code 6022, which pertains to state commercial banks.

Reporting Owner Information

Steven P. Cote is noted as a director of Union Bankshares Inc, with no indication of being an officer or a ten percent owner of the company. His address is listed as 310 Grandview Road, Conway, NH 03818.

"The filing was accepted on October 15, 2026, and the transaction date is noted as September 17, 2026."

Future Implications

While the filing provides details about the transaction, it does not include any insights into Cote's future plans regarding his stake in the bank or any potential strategic initiatives that may arise from this acquisition.