Univest (UVSP) CEO boosts holdings with RSU vesting and new grants

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

UNIVEST FINANCIAL Corp Chairman, President & CEO Jeffrey M. Schweitzer reported multiple equity compensation transactions on March 15, 2026. He exercised and settled 21,434 restricted and performance-based stock units into an equal number of common shares, at no cash exercise price.

The filing shows new grants of 5,067 restricted stock units and 11,820 performance-based restricted stock units, which vest over future years based on service and performance conditions. To cover tax obligations on the vesting, 8,018 common shares were withheld at $32.72 per share, a non‑market disposition.

After these transactions, Schweitzer directly holds 110,513.1043 common shares and has an indirect holding of 100.632 shares through a child account. The activity is primarily compensation-related, with no open-market purchases or sales reported.

Insider Trade Summary

21,434 shares exercised/converted

Mixed 13 txns

Insider SCHWEITZER JEFFREY M

Role Chairman, President & CEO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	2,106	$0.00	--
Exercise	Restricted Stock Units	2,679	$0.00	--
Exercise	Restricted Stock Units	1,909	$0.00	--
Exercise	Performance Restricted Stock Units	14,740	$0.00	--
Grant/Award	Restricted Stock Units	5,067	$0.00	--
Grant/Award	Performance Restricted Stock Units	11,820	$0.00	--
Exercise	Common	2,106	$0.00	--
Exercise	Common	2,679	$0.00	--
Exercise	Common	1,909	$0.00	--
Exercise	Common	14,740	$0.00	--
Other	Common	3,273	$0.00	--
Tax Withholding	Common	8,018	$32.72	$262K
holding	Common	--	--	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Performance Restricted Stock Units — 0 shares (Direct); Common — 102,476.104 shares (Direct); Common — 100.632 shares (Indirect, Child)

Footnotes (1)

REPRESENTS THE SETTLEMENT OF ONE SHARE OF COMMON STOCK UPON VESTING OF THE CORRESPONDING NUMBER OF RESTRICTED STOCK UNITS. INCLUDES 10,090.1043 SHARES ACQUIRED THROUGH THE DIVIDEND REINVESTMENT PLAN. REPRESENTS THE SETTLEMENT OF ONE SHARE OF COMMON STOCK UPON VESTING OF THE CORRESPONDING NUMBER OF PERFORMANCE-BASED RESTRICTED STOCK UNITS. VESTED SHARES CANCELLED DUE TO EVALUATION OF PERFORMANCE FACTORS AFTER MEASUREMENT PERIOD. INCLUDES .632 SHARES ACQUIRED THROUGH THE DIVIDEND REINVESTMENT PLAN. RESTRICTED STOCK UNITS VEST AT 33.33% PER YEAR FOR THREE YEARS COMMENCING WITH THE EXERCISABLE DATE INDICATED ASSUMING CONTINUED EMPLOYMENT THROUGH THE VESTING DATE. EACH RESTRICTED STOCK UNIT REPRESENTS A CONTINGENT RIGHT TO RECEIVE ONE SHARE OF COMMON STOCK UPON VESTING OF THE UNIT. THE PERFORMANCE-BASED RESTRICTED STOCK UNITS VEST ON THE THIRD ANNIVERSARY OF THE DATE OF THE GRANT AT WHICH POINT THE ACTUAL NUMBER OF SHARES TO BE AWARDED WILL BE DETERMINED BASED ON THE PERFORMANCE OF THE COMPANY DURING THE THREE YEAR PERIOD. THE RECIPIENT MAY RECEIVE UP TO 150% OF THE REPORTED RESTRICTED STOCK UNITS.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Form 4 Insider Transactions: What Each Field Means →

03/17/2026 - 04:22 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SCHWEITZER JEFFREY M

(Last)

(First)

(Middle)

14 NORTH MAIN STREET

PO BOX 197

(Street)

SOUDERTON

18964

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
UNIVEST FINANCIAL Corp [ UVSP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chairman, President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
03/15/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common	03/15/2026		M		2,106	A	$0	102,476.1043⁽¹⁾⁽²⁾	D
Common	03/15/2026		M		2,679	A	$0	105,155.1043⁽¹⁾⁽²⁾	D
Common	03/15/2026		M		1,909	A	$0	107,064.1043⁽¹⁾⁽²⁾	D
Common	03/15/2026		M		14,740	A	$0	121,804.1043⁽²⁾⁽³⁾	D
Common	03/15/2026		J		3,273⁽⁴⁾	D	$0	118,531.1043⁽²⁾	D
Common	03/15/2026		F		8,018	D	$32.72	110,513.1043⁽²⁾	D
Common								100.632⁽⁵⁾	I	Child

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	03/15/2026		M			2,106	03/15/2024	03/15/2026	Common	2,106	$0	0	D
Restricted Stock Units	⁽¹⁾	03/15/2026		M			2,679	03/15/2025⁽⁶⁾	03/15/2027⁽⁶⁾	Common	2,679	$0	2,679	D
Restricted Stock Units	⁽¹⁾	03/15/2026		M			1,909	03/15/2026⁽⁶⁾	03/15/2028⁽⁶⁾	Common	1,909	$0	3,818	D
Performance Restricted Stock Units	⁽³⁾	03/15/2026		M			14,740	03/15/2026	03/15/2026	Common	14,740	$0	0	D
Restricted Stock Units	⁽⁷⁾	03/15/2026		A		5,067		03/15/2027⁽⁶⁾	03/15/2029⁽⁶⁾	Common	5,067	$0	5,067	D
Performance Restricted Stock Units	⁽⁷⁾	03/15/2026		A		11,820		03/15/2029⁽⁸⁾	03/15/2029⁽⁸⁾	Common	11,820	$0	11,820	D

Explanation of Responses:

1. REPRESENTS THE SETTLEMENT OF ONE SHARE OF COMMON STOCK UPON VESTING OF THE CORRESPONDING NUMBER OF RESTRICTED STOCK UNITS.

2. INCLUDES 10,090.1043 SHARES ACQUIRED THROUGH THE DIVIDEND REINVESTMENT PLAN.

3. REPRESENTS THE SETTLEMENT OF ONE SHARE OF COMMON STOCK UPON VESTING OF THE CORRESPONDING NUMBER OF PERFORMANCE-BASED RESTRICTED STOCK UNITS.

4. VESTED SHARES CANCELLED DUE TO EVALUATION OF PERFORMANCE FACTORS AFTER MEASUREMENT PERIOD.

5. INCLUDES .632 SHARES ACQUIRED THROUGH THE DIVIDEND REINVESTMENT PLAN.

6. RESTRICTED STOCK UNITS VEST AT 33.33% PER YEAR FOR THREE YEARS COMMENCING WITH THE EXERCISABLE DATE INDICATED ASSUMING CONTINUED EMPLOYMENT THROUGH THE VESTING DATE.

7. EACH RESTRICTED STOCK UNIT REPRESENTS A CONTINGENT RIGHT TO RECEIVE ONE SHARE OF COMMON STOCK UPON VESTING OF THE UNIT.

8. THE PERFORMANCE-BASED RESTRICTED STOCK UNITS VEST ON THE THIRD ANNIVERSARY OF THE DATE OF THE GRANT AT WHICH POINT THE ACTUAL NUMBER OF SHARES TO BE AWARDED WILL BE DETERMINED BASED ON THE PERFORMANCE OF THE COMPANY DURING THE THREE YEAR PERIOD. THE RECIPIENT MAY RECEIVE UP TO 150% OF THE REPORTED RESTRICTED STOCK UNITS.

Remarks:

	/s/ Megan D. Santana, attorney-in-fact	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did UVSP CEO Jeffrey Schweitzer report on this Form 4?

Jeffrey Schweitzer reported vesting and settlement of 21,434 restricted and performance stock units into common shares, new grants totaling 16,887 units, and 8,018 shares withheld at $32.72 for taxes, leaving 110,513.1043 common shares held directly.

Were there any open-market stock sales or purchases by UVSP insiders in this filing?

No open-market purchases or sales were reported. Activity consisted of equity award vesting, conversions of restricted and performance units into common shares, new grants, an internal other transaction, and 8,018 shares withheld at $32.72 solely to satisfy tax obligations.

How many UVSP shares does the CEO hold after the reported Form 4 transactions?

After the reported transactions, Jeffrey Schweitzer holds 110,513.1043 UVSP common shares directly. The filing also shows an additional 100.632 shares held indirectly through a child account, giving investors a clearer view of his post-transaction ownership position.

What new restricted stock unit awards did UVSP grant to its CEO?

The CEO received 5,067 time-based restricted stock units and 11,820 performance-based restricted stock units. Footnotes state time-based units vest one-third annually, while performance units vest after three years with the payout level tied to company performance over that period.

How were performance-based restricted stock units treated in this UVSP Form 4?

Performance-based restricted stock units both vested and were newly granted. 14,740 performance units settled into common shares, while a new 11,820-unit award was granted. Footnotes note future vesting depends on three-year performance and may deliver up to 150% of reported units.