PETRO THOMAS M 4

What Happened
Thomas M. Petro, a director of UNIVEST FINANCIAL Corp (UVSP), had derivative instruments convert/settle into 1,766 shares on 2026-01-31 (reported as an exercise/conversion, $0.00 per share, total $0). The filing also shows a simultaneous disposition of those 1,766 shares (also $0.00). Separately on the same date he acquired/was awarded 1,283 shares as a derivative award (reported at $0.00). The transactions involve restricted stock units (RSUs) / derivative settlement rather than an open-market cash purchase or sale.

Key Details

• Transaction date: 2026-01-31; Filing date: 2026-02-03 (filed within the standard reporting window).
• Exercise/conversion: 1,766 shares acquired at $0.00; 1,766 shares disposed at $0.00 (both coded M / derivative).
• Grant/award: 1,283 shares acquired at $0.00 (coded A / derivative).
• Footnotes:
  • F1: Settlement represents one share of common stock upon vesting of corresponding RSUs.
  • F3/F4: These are restricted stock units (each RSU = contingent right to one share) that vest assuming continued service.
  • F2: Ownership includes 1,351.5427 shares acquired through the dividend reinvestment plan.
• Shares owned after the transaction are not specified in the supplied data (check the full Form 4 for the post-transaction ownership line).

Context

• The filings show derivative/RSU activity rather than an open-market purchase or a voluntary large sale. The conversion/settlement and immediate disposition of the same 1,766 shares is a pattern commonly seen when shares issued on vesting are withheld or sold to cover taxes or fees; the form lists the disposition but does not state the reason.
• The 1,283-share entry reflects an award/grant of RSUs (a contingent right to receive shares upon vesting), not a cash investment.

For a complete picture (exact post-transaction holdings and any withholding/sale details), refer to the full Form 4 (Accession 0001254295-26-000004).