UNIVEST FINANCIAL Corp·4

Feb 3, 10:13 AM ET

Vazquez Anne 4

Research Summary

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UNIVEST (UVSP) Director Anne Vazquez Receives RSU Shares on Vesting

What Happened

  • Anne Vazquez, a director of UNIVEST FINANCIAL Corp (UVSP), had restricted stock units (RSUs) vest on 2026-01-31. The filing shows 1,283 shares were delivered to her as an award (code A) at $0.00 per share.
  • The report also shows 1,766 derivative units were converted/exercised (code M) and the same 1,766 shares were disposed (also shown as $0.00). No cash purchase price or market-sale proceeds are reported in the Form 4.

Key Details

  • Transaction date: 2026-01-31. All entries list $0.00 per share (typical for RSU settlements and internal conversions).
  • Activity: A = Award/Grant of 1,283 shares (acquired); M = Conversion/exercise of 1,766 units (acquired) followed by disposal of 1,766 shares.
  • Shares owned after transaction: Not specified in the filing.
  • Footnotes: F1–F3 state these are RSU settlements (each RSU converts to one share on vesting, and the reported settlement reflects receipt of shares).
  • Filing date: Form 4 filed 2026-02-03 (reporting the Jan 31 transactions). The report does not include a separate late-filing flag.

Context

  • The M (conversion) + immediate disposal pattern is commonly used to satisfy tax withholding or to net-settle RSUs; the filing does not show proceeds or an open-market sale. This transaction is the vesting and settlement of equity compensation, not a cash purchase of stock—such grants are neither a clear bullish nor bearish signal by themselves.
  • RSU vesting is routine compensation for insiders; purchases (actual open-market buys) tend to be more informative about insider sentiment than routine vesting/withholding activity.