Univest (NASDAQ: UVSP) investors back board, KPMG and executive pay

Rhea-AI Filing Summary

Univest Financial Corporation reported results of its Annual Meeting of Shareholders held on April 23, 2026. Holders of 28,083,533 common shares were entitled to vote.

Shareholders elected four Class III directors for three-year terms expiring in 2029. Support ranged from 21,131,082 votes for Robert C. Wonderling to 22,386,752 for Natalye Paquin, with broker non-votes of 1,808,019 on each director.

Shareholders also ratified KPMG LLP as independent registered public accounting firm for 2026 with 23,884,852 votes for, 466,638 against, and 18,428 abstentions. In addition, they approved on an advisory basis the compensation of named executive officers, with 21,929,235 votes for, 561,000 against, 71,664 abstentions, and 1,808,019 broker non-votes.

8-K Event Classification

Item 5.07 — Submission of Matters to a Vote of Security Holders

1 item

Item 5.07 Submission of Matters to a Vote of Security Holders Governance

Results of a shareholder vote on proposals at an annual or special meeting.

Key Figures

Shares entitled to vote: 28,083,533 shares Votes for director Natalye Paquin: 22,386,752 votes Votes for director Robert C. Wonderling: 21,131,082 votes +3 more

6 metrics

Shares entitled to vote 28,083,533 shares Common stock entitled to vote at April 23, 2026 annual meeting

Votes for director Natalye Paquin 22,386,752 votes Election as Class III director, term expiring 2029

Votes for director Robert C. Wonderling 21,131,082 votes Election as Class III director, term expiring 2029

Votes for KPMG ratification 23,884,852 votes for Ratification as independent registered public accounting firm for 2026

Votes for say-on-pay 21,929,235 votes for Advisory approval of named executive officer compensation

Broker non-votes on director items 1,808,019 votes Broker non-votes for each Class III director election

Key Terms

broker non-votes, independent registered public accounting firm, advisory vote, named executive officers, +1 more

5 terms

broker non-votes financial

"For | Withheld | Broker Non-Votes 1. | Election of four Class III Directors"

Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.

independent registered public accounting firm financial

"Ratification of KPMG LLP as the Corporation's independent registered public accounting firm for 2026"

An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.

advisory vote financial

"Advisory vote to approve the compensation of the Corporation's named executive officers"

An advisory vote is a shareholder poll that expresses investors’ approval or concern about a company’s policy, executive pay, board decisions or other governance matters but does not legally force the company to act. Think of it like a customer survey: it signals investor sentiment and can pressure management to change course, so investors watch the result as a guide to future governance, risk and potential shifts in strategy.

named executive officers financial

"Advisory vote to approve the compensation of the Corporation's named executive officers as presented in the proxy statement"

Named executive officers are the senior company leaders whose names, roles and compensation are singled out in required regulatory filings; this typically includes the chief executive, chief financial officer and the next highest‑paid senior officers. Investors treat this list like a team roster — it shows who makes key decisions, how they are paid and whether incentives align with shareholder interests, so changes or pay patterns can signal governance quality, risk or strategic shifts.

Emerging growth company regulatory

"Emerging growth company | |"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

Understanding 8-K Material Events →

0000102212false00001022122026-04-232026-04-23

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 _______________________ 

FORM 8-K 

_______________________ 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 23, 2026

 _______________________ 

UNIVEST FINANCIAL CORPORATION

(Exact name of registrant as specified in its charter)

_______________________ 

  

Pennsylvania

0-7617

23-1886144

(State or other jurisdiction

(Commission

(I.R.S. Employer

of incorporation)

File Number)

Identification No.)

14 North Main Street, Souderton, Pennsylvania 18964

(Address of principal executive office)(Zip Code)

Registrant’s telephone number, including area code (215) 721-2400

Not applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): 

☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2 (b))
☐			Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c))

Securities registered pursuant to Section 12(b) of the Act:

Title of class			Trading Symbol			Name of exchange on which registered
Common Stock, $5 par value			UVSP			The NASDAQ Stock Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company			☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.			☐

Item 5.07 Submission of Matters to a vote of Security Holders

At the Univest Financial Corporation (the "Corporation") Annual Meeting of Shareholders held on April 23, 2026, the shareholders approved the matters described in the Corporation's definitive proxy statement filed with the Securities and Exchange Commission on March 13, 2026, and set forth below. As of the record date for the Annual Meeting, holders of a total of 28,083,533 shares of the Corporation's Common Stock were entitled to vote on the matters considered at the Annual Meeting.

The following is a summary of the voting results for each matter submitted to a vote of shareholders at the Annual Meeting:

						For						Withheld						Broker Non-Votes
1.			Election of four Class III Directors each for a three-year term expiring in 2029:
			Joseph P. Beebe			22,333,494						228,405						1,808,019
			Natalye Paquin			22,386,752						175,147						1,808,019
			Anne Vazquez			22,089,877						472,022						1,808,019
			Robert C. Wonderling			21,131,082						1,430,817						1,808,019

						For						Against						Abstain						Broker Non-Votes
2.			Ratification of KPMG LLP as the Corporation's independent registered public accounting firm for 2026:			23,884,852						466,638						18,428						—
3.			Advisory vote to approve the compensation of the Corporation's named executive officers as presented in the proxy statement:			21,929,235						561,000						71,664						1,808,019

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

			Univest Financial Corporation
			By:			/s/ Brian J. Richardson
			Name:			Brian J. Richardson
			Title:			Senior Executive Vice President, Chief Financial Officer

Date: April 24, 2026

FAQ

What did Univest Financial (UVSP) shareholders vote on at the 2026 annual meeting?

Shareholders voted on electing four Class III directors, ratifying KPMG LLP as independent auditor for 2026, and approving on an advisory basis the compensation of Univest’s named executive officers, as outlined in the March 13, 2026 proxy statement.

How many Univest Financial (UVSP) shares were entitled to vote at the meeting?

A total of 28,083,533 shares of Univest Financial Corporation common stock were entitled to vote at the April 23, 2026 Annual Meeting of Shareholders, forming the basis for quorum and vote calculations on directors, auditor ratification, and executive compensation.

Were Univest Financial’s Class III directors re-elected by shareholders?

Yes. Shareholders elected four Class III directors for terms expiring in 2029. Vote support ranged from 21,131,082 for Robert C. Wonderling to 22,386,752 for Natalye Paquin, with additional votes for Joseph P. Beebe and Anne Vazquez and 1,808,019 broker non-votes each.

Did Univest Financial (UVSP) shareholders ratify KPMG as the 2026 auditor?

Yes. Shareholders ratified KPMG LLP as Univest’s independent registered public accounting firm for 2026, with 23,884,852 votes for, 466,638 against, and 18,428 abstentions, indicating strong overall support for retaining KPMG in the auditor role.

How did Univest Financial shareholders vote on executive compensation (say-on-pay)?

Shareholders approved, on an advisory basis, the compensation of Univest’s named executive officers, with 21,929,235 votes for, 561,000 against, 71,664 abstentions, and 1,808,019 broker non-votes, signaling majority backing for the company’s current executive pay program.

Filing Exhibits & Attachments

3 documents

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