Univest Financial (UVSP) director sells 13,000 common shares at $37.80
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Univest Financial Corp director Natalye Paquin reported an open-market sale of 13,000 shares of the company’s common stock. The weighted average sale price was $37.80 per share, with individual trades executed between $37.78 and $37.885.
After these transactions, Paquin directly holds 17,004.4283 shares of Univest Financial common stock, including 1,355.4283 shares that were acquired through the company’s dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 13,000 shares ($491,400)
Net Sell
1 txn
Insider
Paquin Natalye
Role
null
Sold
13,000 shs ($491K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common | 13,000 | $37.80 | $491K |
Holdings After Transaction:
Common — 17,004.428 shares (Direct, null)
Footnotes (1)
- THE PRICE REPORTED IN COLUMN 4 IS A WEIGHTED AVERAGE PRICE. THESE SHARES WERE SOLD IN MULTIPLE TRANSACTIONS AT PRICES RANGING FROM $37.78 TO $37.885, INCLUSIVE. THE REPORTING PERSON UNDERTAKES TO PROVIDE TO UNIVEST FINANCIAL CORPORATION, ANY SECURITY HOLDER OF UNIVEST FINANCIAL CORPORATION, OR THE STAFF OF THE SECURITIES AND EXCHANGE COMMISSION, UPON REQUEST, FULL INFORMATION REGARDING THE NUMBER OF SHARES SOLD AT EACH SEPARATE PRICE WITHIN THE RANGES SET FORTH IN THIS FOOTNOTE. INCLUDES 1,355.4283 SHARES ACQUIRED THROUGH THE DIVIDEND REINVESTMENT PLAN.
Key Figures
Shares sold: 13,000 shares
Weighted average sale price: $37.80 per share
Sale price range: $37.78–$37.885 per share
+2 more
5 metrics
Shares sold
13,000 shares
Open-market sale of Univest Financial common stock
Weighted average sale price
$37.80 per share
Average price for 13,000 shares sold
Sale price range
$37.78–$37.885 per share
Price range of multiple sale transactions
Shares owned after transaction
17,004.4283 shares
Direct Univest Financial holdings following sale
Dividend reinvestment plan shares
1,355.4283 shares
Portion of post-transaction holdings from DRIP
Key Terms
weighted average price, dividend reinvestment plan, open-market sale
3 terms
weighted average price financial
"THE PRICE REPORTED IN COLUMN 4 IS A WEIGHTED AVERAGE PRICE."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
dividend reinvestment plan financial
"INCLUDES 1,355.4283 SHARES ACQUIRED THROUGH THE DIVIDEND REINVESTMENT PLAN."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
open-market sale financial
"transaction_action: "open-market sale" for the common stock transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did Univest Financial (UVSP) disclose for director Natalye Paquin?
Univest Financial disclosed that director Natalye Paquin sold 13,000 shares of common stock in open-market transactions at a weighted average price of $37.80 per share, with trade prices ranging from $37.78 to $37.885, and retained a direct ownership position afterward.
What is the role of the dividend reinvestment plan in Natalye Paquin’s Univest Financial (UVSP) holdings?
The dividend reinvestment plan contributed 1,355.4283 shares to Natalye Paquin’s Univest Financial holdings. Instead of receiving cash dividends, those amounts were used to purchase additional common shares, increasing her direct ownership stake automatically through reinvested dividends.
Was the Univest Financial (UVSP) director transaction an open-market sale or a private award?
The Univest Financial director transaction was an open-market sale of common stock. The Form 4 identifies it as an open-market sale, with 13,000 shares sold at a weighted average price of $37.80 per share across multiple market trades.