Univest Financial Corp Reports on Shareholder Vote

Ticker: UVSP · Form: 8-K · Filed: Apr 26, 2024 · CIK: 102212

Sentiment: neutral

Topics: governance, shareholder-vote

TL;DR

Univest Financial Corp held a shareholder vote on April 25th.

AI Summary

Univest Financial Corporation filed an 8-K on April 26, 2024, reporting on matters submitted to a vote of its security holders on April 25, 2024. The filing pertains to the company's operations as a commercial bank.

Why It Matters

This filing indicates that Univest Financial Corporation held a shareholder vote, which is a key governance event for publicly traded companies.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of a shareholder vote and does not contain information that suggests immediate financial risk.

Key Players & Entities

FAQ

What specific matters were submitted to a vote of Univest Financial Corporation's security holders on April 25, 2024?

The filing states that matters were submitted to a vote of security holders on April 25, 2024, but does not detail the specific proposals in the provided text.

When was this 8-K report filed with the SEC?

This 8-K report was filed with the SEC on April 26, 2024.

What is the primary business of Univest Financial Corporation?

Univest Financial Corporation is classified under 'STATE COMMERCIAL BANKS' with SIC code 6022.

Where is Univest Financial Corporation's principal executive office located?

The principal executive office of Univest Financial Corporation is located at 14 North Main Street, Souderton, Pennsylvania 18964.

What is the Commission File Number for Univest Financial Corporation?

The Commission File Number for Univest Financial Corporation is 0-7617.

Filing Stats: 574 words · 2 min read · ~2 pages · Grade level 12.7 · Accepted 2024-04-26 17:09:14

Key Financial Figures

Filing Documents

07 Submission of Matters to a vote of Security Holders

Item 5.07 Submission of Matters to a vote of Security Holders At the Univest Financial Corporation (the "Corporation") Annual Meeting of Shareholders held on April 25, 2024, the shareholders approved the matters described in the Corporation's definitive proxy statement filed with the Securities and Exchange Commission on March 15, 2024, and set forth below. As of the record date for the Annual Meeting, holders of a total of 29,528,633 shares of the Corporation's Common Stock were entitled to vote on the matters considered at the Annual Meeting. The following is a summary of the voting results for each matter submitted to a vote of shareholders at the Annual Meeting: For Withheld Broker Non-Votes 1. Election of three Class I Directors each for a three-year term expiring in 2027: Suzanne Keenan 22,625,230 923,967 1,966,484 Thomas M. Petro 23,161,880 387,317 1,966,484 Charles H. Zimmerman 22,219,578 1,329,619 1,966,484 Election of one Alternate Director for a one-year term expiring in 2025: Anne Vazquez 23,077,806 471,391 1,966,484 For Against Abstain Broker Non-Votes 2. Ratification of KPMG LLP as the Corporation's independent registered public accounting firm for 2024: 25,081,874 396,297 37,510 — 3. Advisory vote to approve the compensation of the Corporation's named executive officers as presented in the proxy statement: 22,674,333 749,307 125,557 1,966,484 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Univest Financial Corporation By: /s/ Brian J. Richardson Name: Brian J. Richardson Title: Senior Executive Vice President, Chief Financial Officer Date: April 26, 2024

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