Union Bankshares Inc. Proxy Filing Details Executive Compensation
Ticker: UNB · Form: DEF 14A · Filed: Apr 10, 2025 · CIK: 706863
| Field | Detail |
|---|---|
| Company | Union Bankshares Inc (UNB) |
| Form Type | DEF 14A |
| Filed Date | Apr 10, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, executive-compensation, sec-filing
TL;DR
Union Bankshares proxy out, detailing exec pay for 2024. Shareholders get the scoop.
AI Summary
Union Bankshares Inc. filed its DEF 14A on April 10, 2025, detailing executive compensation for the fiscal year ending December 31, 2024. The filing includes information on equity awards for both PEO (Principal Executive Officer) and Non-PEO NEO (Named Executive Officer) members, with specific data points for 2024, 2023, and 2022.
Why It Matters
This filing provides shareholders with crucial information regarding how executive compensation is structured and awarded, impacting corporate governance and investor confidence.
Risk Assessment
Risk Level: low — This is a routine proxy filing providing information on executive compensation and not indicating any immediate financial distress or significant operational changes.
Key Numbers
- 20250410 — Filing Date (Date the DEF 14A was filed with the SEC.)
- 2024-12-31 — Fiscal Year End (The period for which executive compensation data is reported.)
Key Players & Entities
- UNION BANKSHARES INC (company) — Filer of the DEF 14A
- 0000706863 (company) — Central Index Key for Union Bankshares Inc.
- 001-15985 (company) — SEC File Number for Union Bankshares Inc.
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Proxy Statement, is used by companies to solicit proxies from shareholders for an upcoming meeting, typically to vote on matters such as the election of directors and executive compensation.
Who are the PEO and Non-PEO NEO members mentioned in the filing?
PEO stands for Principal Executive Officer, and NEO stands for Named Executive Officer. Non-PEO NEO refers to other executive officers who are not the principal executive officer but are still considered 'named' for compensation reporting purposes.
What fiscal years are covered by the compensation data in this filing?
The filing provides compensation data for the fiscal years ending December 31, 2024, 2023, and 2022.
What is the SIC code for Union Bankshares Inc.?
The Standard Industrial Classification (SIC) code for Union Bankshares Inc. is 6022, which corresponds to 'State Commercial Banks'.
Where is Union Bankshares Inc. headquartered?
Union Bankshares Inc. is located in Morrisville, Vermont, with its business and mailing address at P.O. Box 667, 20 Main Street, Morrisville, VT 05661-0667.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on April 10, 2025 regarding UNION BANKSHARES INC (UNB).