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Univest Financial (UVSP) COO Keim sold 1,200 shares for $34.2K at an average $28.52

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Insider transactions reported

Michael S Keim (Senior EVP & COO at Univest Financial Corporation, UVSP) reported that they sold 1,200 shares for $34.2K at an average $28.52, and acquired 1,200 shares at $19.68 between Aug 30, 2024 and Sep 3, 2024. After these transactions the filing shows 55,679.08 shares held directly.

Reporting person
Keim Michael S
Role
Senior EVP & COO
Common stock and other non-derivative transactions
DateTypeSecuritySharesPriceValueHeld after
Aug 30, 2024Exercise or conversion of a derivative (M)Common1+400$19.68$7,87256,079.077 direct
Aug 30, 2024Open-market sale (S)Common1, 2-400$28.54$11.4K55,679.077 direct
Sep 3, 2024Exercise or conversion of a derivative (M)Common1+800$19.68$15.7K56,479.077 direct
Sep 3, 2024Open-market sale (S)Common1-800avg $28.51$22.8K55,679.077 direct

Options and other derivatives

Options and other derivative transactions
DateTypeSecuritySharesPriceValueHeld after
Aug 30, 2024Exercise or conversion of a derivative (M)Stock Options (Right to Buy)On 400 Common3-400--6,735 direct
Sep 3, 2024Exercise or conversion of a derivative (M)Stock Options (Right to Buy)On 800 Common3-800--5,935 direct

Holdings before and after

  • Stock Options (Right to Buy): 7,135 to 5,935 direct

Footnotes from the filing

  1. 1. INCLUDES 7,154.509 SHARES ACQUIRED THROUGH THE DIVIDEND REINVESTMENT PLAN.
  2. 2. THE PRICE REPORTED IN COLUMN 4 IS A WEIGHTED AVERAGE PRICE. THESE SHARES WERE SOLD IN MULTIPLE TRANSACTIONS AT PRICES RANGING FROM $28.505 TO $28.57, INCLUSIVE. THE REPORTING PERSON UNDERTAKES TO PROVIDE TO UNIVEST FINANCIAL CORPORATION, ANY SECURITY HOLDER OF UNIVEST FINANCIAL CORPORATION, OR THE STAFF OF THE SECURITIES AND EXCHANGE COMMISSION, UPON REQUEST, FULL INFORMATION REGARDING THE NUMBER OF SHARES SOLD AT EACH SEPARATE PRICE WITHIN THE RANGES SET FORTH IN THIS FOOTNOTE.
  3. 3. AT THE GRANT DATE, STOCK OPTIONS ARE EXERCISABLE AT 33.3% PER YEAR FOR THREE YEARS COMMENCING WITH THE EXERCISABLE DATE INDICATED.

Transaction codes in this filing

Open-market sale:
Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
Exercise or conversion of a derivative:
Code M marks the exercise or conversion of an option or other derivative under an exempt plan.

FAQ

What did Keim report in this UVSP Form 4?

Michael S Keim (Senior EVP & COO at Univest Financial Corporation, UVSP) reported that they sold 1,200 shares for $34.2K at an average $28.52, and acquired 1,200 shares at $19.68 between Aug 30, 2024 and Sep 3, 2024. After these transactions the filing shows 55,679.08 shares held directly.

How many UVSP shares does Keim hold after this filing?

The filing shows 55,679.08 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.

Was this UVSP insider sale made under a 10b5-1 plan?

The filing's footnotes do not mention a Rule 10b5-1 trading plan.

What does transaction code S mean on an SEC Form 4?

Code S marks a sale in the open market or a private deal. The insider received cash for these securities.

Historical context for UVSP

Earlier insider filings at UVSP

Quantisnow market dataNASDAQ
Univest Financial Corporation logo
UVSP
Univest Financial Corporation
Market cap
30-day
Sector
Finance
Industry
Major Banks
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