SCHWEITZER JEFFREY M 4

What Happened

• Jeffrey M. Schweitzer, Chairman, President & CEO of Univest Financial Corp (UVSP), had multiple restricted stock unit (RSU) and performance-based RSU awards vest/convert on 2026-03-15 and received shares. The filing shows roughly 38,321 shares were acquired through exercises/conversions and new grants (21,434 shares from conversions + 16,887 shares from grants). To satisfy tax withholding, 8,018 shares were surrendered at $32.72 each (total value $262,349). A separate 3,273-share disposition is reported (no cash value shown).

Key Details

• Transaction date: 2026-03-15; Form 4 filed 2026-03-17 (appears timely).
• Acquisitions: conversion/exercise entries totaling 21,434 shares (reported at $0 — consistent with RSU/PSU settlement) plus grants of 5,067 and 11,820 RSU/PSU shares (total 16,887).
• Dispositions: 8,018 shares withheld for tax liability at $32.72 each = $262,349; an additional 3,273-share disposition reported with no cash proceeds shown.
• Shares owned after transaction: not specified in the provided summary; see the full Form 4 for post-transaction holdings.
• Relevant footnotes: F1/F3/F7 indicate RSU/PSU settlements (one share per unit); F6 explains time-based RSU vesting schedule; F8 notes performance RSUs vest after three years and may pay up to 150% of target. F2/F5 reference dividend reinvestment fractional shares; F4 notes some vested shares were cancelled due to performance evaluation.

Context

• These entries reflect awards vesting/settlement (A) and conversion/exercise of derivatives (M), not an open-market buy. The 8,018-share disposition is a tax withholding (code F), a routine administrative step when equity awards vest. For retail investors, purchases are stronger bullish signals than routine tax withholdings; this filing documents executive compensation settlement rather than an independent purchase or sale for cash gains.