secwatch.observer — SEC 8-K summary
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Issuer:     UNION BANKSHARES INC (UNB)
CIK:        0000706863
Form:       8-K
Filed at:   2026-05-21T18:49:03+00:00
Accession:  0000706863-26-000047
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Union Bankshares board chair retires; CEO Silverman named new chair
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- Director Cornelius J. Van Dyke retired from board and chair role effective May 20, 2026, due to mandatory retirement age.
- CEO David S. Silverman appointed as Board Chair; Timothy W. Sargent named Vice Chair and Lead Independent Director.
- Annual meeting shareholders elected all ten director nominees; 3,297,195 shares voted (71.5% turnout).
- Ratification of BDMP Assurance, LLP as external auditors for 2026 approved with 3,268,522 votes in favor.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/706863/000070686326000047/0000706863-26-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/706863/000070686326000047/unb-20260520.htm
  HTML page:      https://secwatch.observer/filing/0000706863-26-000047

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