Turner Michael L. 4

What Happened

• Michael L. Turner, a director of UNIVEST FINANCIAL Corp (UVSP), reported derivative activity and an award on 2026-01-31. He exercised/converted 1,766 derivative units (reported with both an acquisition and a disposal of the derivative instrument at $0) and received a grant/award of 1,283 restricted stock units (RSUs) at $0. There was no cash price reported for these transactions.

Key Details

• Transaction date: 2026-01-31; price reported: $0.00 for all items.
• Transactions reported:
  • M (exercise/conversion of derivative): 1,766 units (acquired) and 1,766 units (disposed) — derivative conversion activity.
  • A (grant/award): 1,283 RSUs acquired (each RSU is a contingent right to one share upon vesting).
• Footnotes of note:
  • F1: Settlement represents one share of common stock upon RSU vesting.
  • F3/F4: The RSUs vest on the indicated date assuming continued service; each RSU converts to one share on vesting.
  • F2: Holdings include 2,188.2574 shares acquired through the dividend reinvestment plan (per filing).
• Filing timeliness: The provided filing shows the report was filed on 2026-02-03 for activity on 2026-01-31; no late-filing flag was indicated in the provided data.

Context

• M-coded activity means a derivative (e.g., option or similar instrument) was exercised or converted; the paired "disposed" entry for the derivative typically indicates the derivative instrument was removed/converted, not necessarily an open-market sale of common shares.
• A-coded activity (RSU grant) is an award that vests into shares later and does not by itself represent an immediate market purchase or sale.
• These transactions are routine insider equity compensation/settlement actions and do not, by themselves, indicate a buy or sell based on market views.