secwatch.observer — SEC 8-K summary
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Issuer:     UNION BANKSHARES INC (UNB)
CIK:        0000706863
Form:       8-K
Filed at:   2022-05-19T23:59:59+00:00
Accession:  0000706863-22-000033
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 5.07
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/706863/000070686322000033/0000706863-22-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/706863/000070686322000033/unb-20220518.htm
  HTML page:      https://secwatch.observer/filing/0000706863-22-000033

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer