Monios Eleni S 4
4 · UNIVEST FINANCIAL Corp · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Univest (UVSP) EVP Eleni Monios Converts RSUs, Receives New RSU Grants
What Happened Eleni S. Monios, Executive Vice President & Chief Credit Officer of Univest Financial (UVSP), had 1,307 restricted stock units (RSUs convert/derivative entries) settle into common shares on 2026-03-15. To cover tax withholding, 444 shares were surrendered at an effective price of $32.72 each, totaling $14,528. On the same date she was also granted two RSU awards totaling 3,369 RSUs (1,011 time-based and 2,358 performance-based).
Key Details
- Transaction date: 2026-03-15; Form 4 filed 2026-03-17 (timely).
- RSUs settled/converted: 442 + 493 + 372 = 1,307 shares recorded as exercised/converted (reported at $0.00 per share).
- Tax withholding: 444 shares withheld/disposed at $32.72 = $14,528 (code F).
- New awards: 1,011 RSUs (time-based) and 2,358 RSUs (performance-based) granted (total 3,369 RSUs).
- Footnotes:
- F1: Settlement represents one common share per vested RSU.
- F2: Time-based RSUs vest 33.33% per year for three years from the exercisable date.
- F3: Each RSU equals one contingent share upon vesting.
- F4: Performance RSUs vest on the third anniversary and may pay up to 150% of the reported units depending on performance.
- Shares owned after the transactions: not specified in the provided filing details.
Context
- These entries reflect RSU settlement and new RSU grants, not an open-market buy or sale. The 444-share disposition is a standard tax-withholding event (common when awards vest), not a market sale signaling directional sentiment.
- The conversion/exercise entries reported at $0.00 indicate settlement of previously granted RSUs rather than exercise of options requiring cash. The performance RSUs are contingent and will only convert to shares (potentially up to 150%) if performance conditions are met at vesting.
Insider Transaction Report
Form 4
Monios Eleni S
EVP & Chief Credit Officer
Transactions
- Exercise/Conversion
Common
[F1]2026-03-15+442→ 2,483 total - Exercise/Conversion
Common
[F1]2026-03-15+493→ 2,976 total - Exercise/Conversion
Common
[F1]2026-03-15+372→ 3,348 total - Tax Payment
Common
2026-03-15$32.72/sh−444$14,528→ 2,904 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-03-15−442→ 0 totalFrom: 2024-03-15Exp: 2026-03-15→ Common (442 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-03-15−493→ 493 totalFrom: 2025-03-15Exp: 2027-03-15→ Common (493 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-03-15−372→ 744 totalFrom: 2026-03-15Exp: 2028-03-15→ Common (372 underlying) - Award
Restricted Stock Units
[F3][F2]2026-03-15+1,011→ 1,011 totalFrom: 2027-03-15Exp: 2029-03-15→ Common (1,011 underlying) - Award
Performance Restricted Stock Units
[F3][F4]2026-03-15+2,358→ 2,358 totalFrom: 2029-03-15Exp: 2029-03-15→ Common (2,358 underlying)
Footnotes (4)
- [F1]REPRESENTS THE SETTLEMENT OF ONE SHARE OF COMMON STOCK UPON VESTING OF THE CORRESPONDING NUMBER OF RESTRICTED STOCK UNITS.
- [F2]RESTRICTED STOCK UNITS VEST AT 33.33% PER YEAR FOR THREE YEARS COMMENCING WITH THE EXERCISABLE DATE INDICATED ASSUMING CONTINUED EMPLOYMENT THROUGH THE VESTING DATE.
- [F3]EACH RESTRICTED STOCK UNIT REPRESENTS A CONTINGENT RIGHT TO RECEIVE ONE SHARE OF COMMON STOCK UPON VESTING OF THE UNIT.
- [F4]THE PERFORMANCE-BASED RESTRICTED STOCK UNITS VEST ON THE THIRD ANNIVERSARY OF THE DATE OF THE GRANT AT WHICH POINT THE ACTUAL NUMBER OF SHARES TO BE AWARDED WILL BE DETERMINED BASED ON THE PERFORMANCE OF THE COMPANY DURING THE THREE YEAR PERIOD. THE RECIPIENT MAY RECEIVE UP TO 150% OF THE REPORTED RESTRICTED STOCK UNITS.
Signature
/s/ Megan D. Santana, attorney-in-fact|2026-03-17