Univest Financial (UVSP) director sells 8,000 shares in August trade
Rhea-AI Filing Summary
UNIVEST FINANCIAL Corp director Michael L. Turner reported an open-market sale of 8,000 shares of common stock on 2026-08-13 at a weighted average price of $43.035 per share. The shares were sold in multiple trades between $42.9386 and $43.2336. After the sale, Turner holds 24,684.0723 shares directly, including 2,368.0723 shares acquired through a Dividend Reinvestment Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,000 shares
Net Sell
1 txn
Insider
Turner Michael L.
Role
Director
Sold
8,000 shs ($344K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common F1, F2 | 8,000 | $43.035 | $344K |
Holdings After Transaction:
Common — 24,684.0723 shares (Direct)
Footnotes (2)
- F1. THE PRICE REPORTED IN COLUMN 4 IS A WEIGHTED AVERAGE PRICE. THESE SHARES WERE SOLD IN MULTIPLE TRANSACTIONS AT PRICES RANGING FROM $42.9386 TO $43.2336, 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.
- F2. INCLUDES 2,368.0723 SHARES ACQUIRED THROUGH THE DIVIDEND REINVESTMENT PLAN
Key Figures
Shares sold: 8,000 shares
Weighted average sale price: $43.035 per share
Sale price range: $42.9386 to $43.2336 per share
+2 more
5 metrics
Shares sold
8,000 shares
Open-market sale of common stock on 2026-08-13
Weighted average sale price
$43.035 per share
Average price for 8,000 shares sold on 2026-08-13
Sale price range
$42.9386 to $43.2336 per share
Range of individual trade prices in this transaction
Shares held after sale
24,684.0723 shares
Direct holdings of Michael L. Turner following the transaction
Dividend Reinvestment Plan shares
2,368.0723 shares
Portion of post-transaction holdings acquired via Dividend Reinvestment Plan
Key Terms
weighted average price, Dividend Reinvestment Plan, open market or private transaction
3 terms
weighted average price financial
"The price reported is a weighted average price for multiple transactions."
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 2,368.0723 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 or private transaction financial
"Transaction code S indicates a sale in open market or private transaction."
FAQ
What insider transaction did UVSP director Michael L. Turner report?
Michael L. Turner reported selling 8,000 shares of UNIVEST FINANCIAL Corp (UVSP) common stock on 2026-08-13 in an open-market transaction at a weighted average price of $43.035 per share.
Was Michael L. Turner’s UVSP stock sale under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 affirmation box is not checked, and there is no footnote stating the sale occurred under a trading plan, so the reported sale is not described as plan-based.
AI-generated analysis. How Rhea-AI works. Not financial advice.