[8-K] Univest Financial Corporation Reports Material Event

Rhea-AI Filing Summary

Form 4 – Adams Natural Resources Fund, Inc. (PEO)

10% owners Saba Capital Management, L.P. and Boaz Weinstein disclosed two open-market sales of the fund’s common stock:

• 07/24/2025: 59,983 shares sold at $22.02
• 07/25/2025: 13,627 shares sold at $22.03

Total shares disposed: 73,610 (≈2.6% of their prior position), generating roughly $1.62 million in proceeds. After the transactions, the reporting persons own 2,706,786 shares indirectly, continuing to exceed the 10% ownership threshold. No derivative securities were involved.

The filing represents a modest trim rather than an exit, signalling continued, but slightly reduced, exposure to PEO.

Positive

• Saba Capital continues to hold 2.7 million PEO shares, maintaining its 10%+ ownership and influence.

Negative

• Sale of 73,610 shares by a key insider may be perceived as a slight reduction in confidence.

Insights

Financial Analyst

TL;DR: Minor insider sell; position still large—market impact likely muted.

The sale equals ~2.6% of Saba’s stake and < 1% of PEO’s shares outstanding, so liquidity is unlikely affected. Insider selling can hint at lower conviction, but Saba retains >2.7 million shares, maintaining strategic influence as a 10%+ holder. With no accompanying fundamental data, the transaction alone does not materially alter PEO’s investment thesis.

0000102212FALSE00001022122025-07-282025-07-28

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): July 28, 2025

 _______________________ 

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, indicated 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 7.01 Regulation FD Disclosure

On July 28, 2025, Univest Financial Corporation (the “Corporation"), parent company of Univest Bank and Trust Co., made available and distributed to analysts and prospective investors a slide presentation. The presentation materials include information regarding the Corporation's operating and growth strategies and financial performance. The slide presentation is furnished in this Current Report on Form 8-K, pursuant to this Item 7.01, as Exhibit 99.1, and is incorporated herein by reference.

The information contained in this Item 7.01 and Exhibit 99.1 shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section, and shall not be incorporated by reference into any filings made by the Corporation under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except as expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits

(a) Not applicable

(b) Not applicable

(c) Not applicable

(d) Exhibits

 

Exhibit No.						Description of Document
99.1						Slide presentation for Univest Financial Corporation (furnished pursuant to Item 7.01 hereof)
104						The cover page from the Corporation's Form 8-K, formatted in Inline XBRL

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

July 28, 2025

EXHIBIT INDEX

 

Exhibit No.						Description of Document
99.1						Slide presentation for Univest Financial Corporation (furnished pursuant to Item 7.01 hereof)
104						The cover page from the Corporation's Form 8-K, formatted in Inline XBRL

FAQ

How many PEO shares did Saba Capital sell?

They sold 73,610 shares across two trades on 07/24/2025 and 07/25/2025.

What were the sale prices for the PEO insider transactions?

Shares were sold at $22.02 and $22.03 per share.

How many PEO shares does Saba Capital own after the sale?

Post-transaction beneficial ownership stands at 2,706,786 shares.

Does Saba Capital remain a 10% owner of Adams Natural Resources Fund (PEO)?

Yes. Even after the sale, its 2.7 million-share stake keeps it above the 10% threshold.

Were any derivative securities reported in this Form 4?

No. No derivative positions were disclosed.

When were the insider sales executed?

On July 24, 2025 and July 25, 2025.