UNION BANKSHARES INC 8-K

What Happened

• Union Bankshares, Inc. filed an 8‑K reporting several corporate actions. The company declared a quarterly cash dividend of $0.36 per share, payable February 5, 2026, to shareholders of record as of January 31, 2026.
• The filing also furnished information under Item 2.02 regarding the company’s results of operations and financial condition.
• The Board appointed Steven P. Cote (age 58), President of Chalmers Insurance Group, to the Board of Union Bank (a wholly owned subsidiary). Cote joined Chalmers in 2000, became the agency’s first non‑family president in 2014, and brings about 34 years of insurance and risk‑management experience and community board service in Maine and New Hampshire.

Key Details

• Dividend: $0.36 per share (quarterly); record date Jan 31, 2026; payment date Feb 5, 2026.
• Director appointment: Steven P. Cote, 58, President of Chalmers Insurance Group, appointed to Union Bank’s board.
• Filing included Item 2.02: furnished information on results of operations and financial condition (see full 8‑K for the detailed financial information).

Why It Matters

• The declared dividend is a direct cash return to shareholders and relevant for income-focused investors and yield calculations. Payment and record dates tell investors when ownership must be held to receive the dividend.
• Adding Steven Cote to the subsidiary board brings insurance, risk‑management and community ties that could inform Union Bank’s local strategy and oversight at the subsidiary level.
• The Item 2.02 disclosure indicates the company provided updates on operating results and financial condition—investors should review the full 8‑K or accompanying investor materials for any material changes to earnings, revenue or balance‑sheet metrics.