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Bullboard - Stock Discussion Forum Union Bankshares Inc UNB

Union Bankshares, Inc. is a one-bank holding company whose sole subsidiary is Union Bank. Its business is that of a community bank in the financial services industry. The Union Bank provides full retail, commercial, municipal banking, and wealth management and trust services. It is providing retail banking services to individuals and commercial banking services to small and medium sized... see more

NDAQ:UNB - Post Discussion

Union Bankshares Inc > Insiders selling
View:
Post by vcomtech on Feb 08, 2006 5:43pm

Insiders selling

Feb 07/06 Feb 03/06 England, Michael Bruno John Franz 10 - Disposition in the public market Common Shares -50,000 $0.310 Feb 07/06 Jan 30/06 England, Michael Bruno John Franz 10 - Disposition in the public market Common Shares -25,000 $0.235 Feb 07/06 Jan 27/06 England, Michael Bruno John Franz 10 - Acquisition in the public market Common Shares 20,000 $0.175 Jan 25/06 Jan 20/06 England, Michael Bruno John Franz 10 - Disposition in the public market Common Shares -9,000 $0.180 Jan 24/06 Jan 23/06 Duncan, Robert Bruce 10 - Acquisition in the public market Common Shares 25,000 $0.180 Jan 24/06 Jan 23/06 Duncan, Robert Bruce 10 - Acquisition in the public market Common Shares 25,000 $0.185 Jan 11/06 Jan 09/06 Duncan, Robert Bruce 10 - Acquisition in the public market Common Shares 100,000 $0.140 Jan 10/06 Jan 02/06 England, Michael Bruno John Franz 51 - Exercise of options Options 15,000 Jan 10/06 Jan 04/06 England, Michael Bruno John Franz 10 - Acquisition in the public market Common Shares 20,000 $0.140 Jan 06/06 Jan 05/06 Duncan, Robert Bruce 10 - Acquisition in the public market Common Shares 85,000 $0.155
Comment by vcomtech on Feb 08, 2006 6:45pm
I am not at all worried about a paltry 50k being sold,just letting everyone else know about the insider transactions. Duncan has been loading up on shares, over 200k in the open market. I'm notletting go of any of my shares. It will be nice to see all the profit takers exit their positions, but looks like there are still lots of interest, huge volume in europe and here. I have one ...more  
Comment by palladn on Feb 08, 2006 6:30pm
1. The insiders have millions of options/shares. 2. Franz sold a little more than what he bought at MUCH lower prices. 3. He helped support the price when it was bottoming and no one wanted them. Now with all the great news and future so bright (golden) and profitable and more and more want in he took some off the table. No problem. 12,000,000 shares traded in the past 2 weeks. The stock ...more  
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