---
schema_version: "secwatch.filing_event.v1"
accession: "0000706863-22-000033"
form_type: "8-K"
ticker: "UNB"
cik: "0000706863"
company_name: "UNION BANKSHARES INC"
filed_at: "2022-05-19T23:59:59+00:00"
generated_at: "2026-06-25T09:30:44.538551+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Union Bankshares directors retire; shareholders approve equity plan amendment adding 100,000 shares

## Summary
- Directors John M. Goodrich and John H. Steel retired due to mandatory retirement age at May 18, 2022 annual meeting.
- All eight director nominees elected with votes ranging from 2,765,379 to 2,809,247.
- Shareholders approved amendment to 2014 Equity Incentive Plan to reserve an additional 100,000 common shares for equity grants.
- Advisory vote on executive compensation passed with 2,768,649 votes for; auditor ratification passed with 3,618,770 votes for.

## SEC filing metadata
- accession: 0000706863-22-000033
- form_type: 8-K
- ticker: UNB
- cik: 0000706863
- company_name: UNION BANKSHARES INC
- filed_at: 2022-05-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/706863/000070686322000033/0000706863-22-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/706863/000070686322000033/unb-20220518.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000706863-22-000033
- JSON: https://secwatch.observer/filing/0000706863-22-000033.json
- Plain text: https://secwatch.observer/filing/0000706863-22-000033.txt

## Key facts
- Executive change
  John H. Steel retired as Director at UNION BANKSHARES INC.
  - Action: retired
  - Role: Director
  source text: At the Union Bankshares, Inc. annual meeting of shareholders held on May 18, 2022, Director John M. Goodrich and Director John H. Steel retired from their positions as directors of Union Bankshares, Inc. and Union Bank as they had reached the mandatory retirement age.
  evidence_url: https://www.sec.gov/Archives/edgar/data/706863/000070686322000033/0000706863-22-000033-index.htm
- Executive change
  John M. Goodrich retired as Director at UNION BANKSHARES INC.
  - Action: retired
  - Role: Director
  source text: At the Union Bankshares, Inc. annual meeting of shareholders held on May 18, 2022, Director John M. Goodrich and Director John H. Steel retired from their positions as directors of Union Bankshares, Inc. and Union Bank as they had reached the mandatory retirement age.
  evidence_url: https://www.sec.gov/Archives/edgar/data/706863/000070686322000033/0000706863-22-000033-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.