Univest Financial (UVSP) director logs RSU grant and share vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Univest Financial Corp director Suzanne Keenan reported routine equity compensation activity. On 01/31/2026, 1,766 restricted stock units vested and were settled into the same number of common shares at an exercise price of $0, increasing her directly held common stock to 16,075 shares.
She also received a new award of 1,283 restricted stock units on the same date, which are scheduled to vest on 01/31/2028, assuming continued service. In addition, 3,000 common shares are reported as indirectly owned through her spouse, reflecting family holdings in Univest Financial.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,766 shares exercised/converted
Mixed
4 txns
Insider
Keenan Suzanne
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,766 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 1,283 | $0.00 | -- |
| Exercise | Common | 1,766 | $0.00 | -- |
| holding | Common | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common — 16,075 shares (Direct);
Common — 3,000 shares (Indirect, Spouse)
Footnotes (1)
- REPRESENTS THE SETTLEMENT OF ONE SHARE OF COMMON STOCK UPON VESTING OF THE CORRESPONDING NUMBER OF RESTRICTED STOCK UNITS. THE RESTRICTED STOCK UNITS VEST ON THE DATE INDICATED, ASSUMING CONTINUED SERVICE THROUGH THE VESTING DATE. EACH RESTRICTED STOCK UNIT REPRESENTS A CONTINGENT RIGHT TO RECEIVE ONE SHARE OF COMMON STOCK UPON VESTING OF THE UNIT.
FAQ
What insider transaction did Suzanne Keenan report at Univest Financial (UVSP)?
Suzanne Keenan reported the vesting of 1,766 restricted stock units into an equal number of Univest Financial common shares on 01/31/2026. This is a routine equity compensation event where previously granted RSUs convert into shares once vesting conditions are met.
What new restricted stock units did Suzanne Keenan receive from Univest Financial (UVSP)?
On 01/31/2026, Suzanne Keenan received a new grant of 1,283 restricted stock units from Univest Financial. These RSUs are scheduled to vest on 01/31/2028, assuming she continues her service, and each unit represents a contingent right to one common share.
What does the vesting of 1,766 restricted stock units mean for Univest Financial (UVSP) director compensation?
The vesting of 1,766 restricted stock units means a prior equity award to director Suzanne Keenan reached its vesting date and converted into 1,766 common shares. This reflects standard stock-based compensation typically used to align director interests with shareholders over time.
How are Suzanne Keenan’s indirect Univest Financial (UVSP) holdings reported?
The Form 4 lists 3,000 Univest Financial common shares as indirectly owned by Suzanne Keenan through her spouse. Indirect ownership indicates the shares are held in a related person’s name, while still being reportable as part of her overall beneficial ownership position.
At what price were Suzanne Keenan’s Univest Financial (UVSP) RSUs settled and granted?
Both the settlement of 1,766 restricted stock units into common shares and the grant of 1,283 new RSUs are recorded at a price of $0. This reflects that RSUs are compensation awards, not open-market purchases, and convert to shares without additional cash payment by the director.