Univest director Turner settles RSUs for shares
Univest Financial director Michael L. Turner reported routine equity compensation activity.
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Rhea-AI Filing Summary
Univest Financial director Michael L. Turner reported routine equity compensation activity. On January 31, 2026, 1,766 restricted stock units vested and were settled into 1,766 shares of common stock at a price of $0 per share. After this settlement, he directly owned 32,504.2574 common shares, which includes 2,188.2574 shares acquired through the dividend reinvestment plan. On the same date, he received a new grant of 1,283 restricted stock units, each representing a contingent right to receive one share of common stock, scheduled to vest on January 31, 2028 assuming continued service through that date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,766 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 1,283 | $0.00 | $0.00 |
| Exercise | Common | 1,766 | $0.00 | $0.00 |
Footnotes (4)
- F1. REPRESENTS THE SETTLEMENT OF ONE SHARE OF COMMON STOCK UPON VESTING OF THE CORRESPONDING NUMBER OF RESTRICTED STOCK UNITS.
- F2. INCLUDES 2,188.2574 SHARES ACQUIRED THROUGH THE DIVIDEND REINVESTMENT PLAN.
- F3. THE RESTRICTED STOCK UNITS VEST ON THE DATE INDICATED, ASSUMING CONTINUED SERVICE THROUGH THE VESTING DATE.
- F4. EACH RESTRICTED STOCK UNIT REPRESENTS A CONTINGENT RIGHT TO RECEIVE ONE SHARE OF COMMON STOCK UPON VESTING OF THE UNIT.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Univest Financial (UVSP) director Michael L. Turner report?
What are the key details of the new restricted stock unit grant to the Univest (UVSP) director?
How were the 1,766 restricted stock units reported by Univest (UVSP) settled?
What does the dividend reinvestment plan position mean in Univest (UVSP) director Turner’s holdings?
When do Michael L. Turner’s new Univest (UVSP) restricted stock units vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.