---
schema_version: "secwatch.filing_event.v1"
accession: "0000706863-25-000064"
form_type: "8-K"
ticker: "UNB"
cik: "0000706863"
company_name: "UNION BANKSHARES INC"
filed_at: "2025-05-20T23:59:59+00:00"
generated_at: "2026-05-21T00:45:03.664770+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Union Bankshares enters $40M ATM equity distribution agreement with Piper Sandler

## Summary
- May sell up to $40M in common stock at the market through Piper Sandler; commission is 3% of gross proceeds.
- Proceeds for general corporate purposes: capital for Union Bank, debt repayment, and strategic acquisitions.
- Sales may be made in at-the-market offerings or privately negotiated transactions; no minimum sales obligation.
- Shares issued under existing shelf registration (333-285164) effective March 18, 2025.

## SEC filing metadata
- accession: 0000706863-25-000064
- form_type: 8-K
- ticker: UNB
- cik: 0000706863
- company_name: UNION BANKSHARES INC
- filed_at: 2025-05-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/706863/000070686325000064/0000706863-25-000064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/706863/000070686325000064/unb-20250520.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000706863-25-000064
- JSON: https://secwatch.observer/filing/0000706863-25-000064.json
- Plain text: https://secwatch.observer/filing/0000706863-25-000064.txt

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