4Filed Aug 23, 8:00 PM ET
Univest Financial (UVSP) Director Thomas M. Petro Sells 5,000 Shares
$UVSP · UNIVEST FINANCIAL CorpResearch Summary
AI-generated summary of this SEC filing
Univest Financial (UVSP) Director Thomas M. Petro Sells 5,000 Shares
What Happened
Director Thomas M. Petro sold 5,000 shares of Univest Financial Corp. (UVSP) in an open-market transaction on August 24, 2026 at $41.69 per share, resulting in proceeds of approximately $208,450. This was a sale (disposition), not a purchase or option exercise.
Key Details
- Transaction date and price: 2026-08-24 — 5,000 shares sold at $41.69 each.
- Total value: ~ $208,450.
- Filing date: 2026-08-24 (filed the same day as the transaction).
- Shares owned after transaction: Not specified in this filing.
- Footnote: The filing notes it "includes 1,559.5806 shares acquired through the dividend reinvestment plan" (F1) — this refers to shares included in the reported ownership figure.
- Transaction type code: S = Sale (open-market/private sale as reported).
Context
Insider stock sales can reflect many reasons (taxes, diversification, liquidity, planned sales) and are not by themselves proof of a change in the insider’s view of the company. Purchases tend to be more informative about insider confidence; this filing documents a routine disposition by a board member.