Wonderling Robert C 4

What Happened

• Robert C. Wonderling, a director of UNIVEST FINANCIAL Corp (UVSP), reported conversion/settlement of 1,766 derivative units on 2026-01-31 (coded M: exercise/conversion) and a contemporaneous disposition of the same 1,766 units; he also received a grant/award of 1,283 derivative units on the same date (coded A). All items are reported at $0.00 per share in the filing, which is typical for restricted stock unit (RSU) vesting/settlement events rather than a cash purchase or market sale.

Key Details

• Transaction date: 2026-01-31; Form 4 filed 2026-02-03 (no late filing indicated in the provided data).
• Reported amounts/prices: 1,766 shares acquired via exercise/conversion @ $0.00; 1,766 shares disposed @ $0.00; 1,283 shares granted/acquired @ $0.00.
• Transaction codes: M = exercise/conversion of derivative; A = grant/award of derivative.
• Shares owned after the transactions: not specified in the provided excerpt.
• Relevant footnotes from the filing:
  • F1: settlement of shares upon vesting of the corresponding RSUs.
  • F3/F4: the granted units are RSUs that vest on the indicated date and each RSU represents a contingent right to one share.
  • F2: includes 1,013.5296 shares acquired through the dividend reinvestment plan (per the filing).
• Disposition recorded after conversion: the filing shows the converted/settled units as disposed (reported as derivative). Because the price is $0.00, this reflects settlement/transfer activity tied to RSUs rather than a straightforward open‑market sale.

Context

• These entries reflect RSU vesting/settlement and a new RSU award. Acquisitions reported at $0.00 are common for vested RSUs (the economic value is tied to the underlying stock but the conversion itself isn't a cash purchase).
• The matching acquisition and disposition of 1,766 units suggests the converted shares were immediately transferred, withheld, or otherwise settled rather than held as a long‑term open‑market purchase; the filing does not show a cash sale price.