Home / Auditor changes / UNION BANKSHARES INC

3/5UNION BANKSHARES INC (UNB): Auditor change

Filed 2025-11-19 · Form 8-K · Accession 0000706863-25-000105 micro

Market data

Price before filing: $20.93 (2025-11-18 close, split/dividend-adjusted)
Market cap at flag: $99.1M (2025-11-19) · Latest: $110.2M (2026-10-16)

What happened next

Window	UNB	SPY	vs SPY
30 days	+8.6%	+3.4%	+5.2%	2025-12-19
90 days	+13.2%	+3.8%	+9.4%	2026-02-17
180 days	+12.8%	+12.5%	+0.3%	2026-05-18

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: 1 insider bought $213 (1 purchase)
30 days after: none reported.

Date	Insider	Type	Shares	Price	Value	10b5-1 plan	Source
2025-11-06	Hogan Patricia N Officer of Union Bank	Purchase	9	$23.09	$213	no	Form 4
2025-11-19: red flag filed

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-08-21 to 2025-12-19. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"(the "Company") approved the dismissal of Berry, Dunn, McNeil & Parker, LLC, the Company's independent registered public accounting firm, effective as of November 19, 2025."

Quoted from the filing. Source

What this means

The company changed its outside auditor (8-K Item 4.01). A dismissal or resignation, especially near an annual report or with reported disagreements, is a warning sign. Changes caused by audit firms merging are usually routine.

Type: dismissed
Disagreements reported: no
Former auditor: Berry, Dunn, McNeil & Parker, LLC · New auditor: BDMP Assurance, LLP

Read the original filing on SEC.gov →