Monios Eleni S 4

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.