8-K
filed May 19, 2025, 7:59 PM ET
ticker UNB
CIK 0000706863
leadership
confidence high
sentiment neutral
materiality 0.65
Union Bankshares CEO David Silverman plans retirement in 2026; board starts successor search
UNION BANKSHARES INC
- CEO David S. Silverman, age 64, informed the Board on May 16, 2025 of his intention to retire during 2026 after 39 years with the company.
- Board will form subcommittee of independent directors to conduct comprehensive succession search; meeting set for May 21, 2025.
- Silverman will remain as President and CEO until successor is named and a transition period is completed.
- He is expected to continue serving on the Boards of the Company and Union Bank after his successor is appointed.
Machine-readable event card
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- secwatch.filing_event.v1
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- 0000706863-25-000062
- form_type
- 8-K
- ticker
- UNB
- cik
- 0000706863
- company_name
- UNION BANKSHARES INC
- filed_at
- 2025-05-19T23:59:59+00:00
- discovered_at
- 2026-05-14T18:02:51.061753+00:00
- generated_at
- 2026-05-21T02:24:28.733317+00:00
- sec_items
- ["5.02"]
- event_type
- leadership
- sentiment
- neutral
- materiality_score
- 0.65
- calibrated_materiality_score
- 0.65
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0000706863-25-000062
- json_url
- https://secwatch.observer/filing/0000706863-25-000062.json
- markdown_url
- https://secwatch.observer/filing/0000706863-25-000062.md
- text_url
- https://secwatch.observer/filing/0000706863-25-000062.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/706863/000070686325000062/0000706863-25-000062-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/706863/000070686325000062/unb-20250516.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
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