Univest Financial Corp DEF 14A: Executive Comp Details
Ticker: UVSP · Form: DEF 14A · Filed: Mar 15, 2024 · CIK: 102212
Sentiment: neutral
Topics: executive-compensation, proxy-statement, corporate-governance
TL;DR
Univest Financial's DEF 14A is out, showing exec comp details for 2023. Look for stock awards & pension changes.
AI Summary
Univest Financial Corporation filed its DEF 14A on March 15, 2024, detailing executive compensation and corporate governance for the fiscal year ending December 31, 2023. The filing includes information on stock awards, pension adjustments, and other equity awards granted to both PEO and Non-PEO members. Specific financial figures for these compensation components are provided for the fiscal years 2020 through 2023.
Why It Matters
This filing provides transparency into how Univest Financial compensates its top executives, which can influence investor perception and executive decision-making.
Risk Assessment
Risk Level: low — This is a routine annual filing (DEF 14A) that provides information on executive compensation and corporate governance, not typically indicative of immediate financial risk.
Key Numbers
- 20231231 — Fiscal Year End (Reporting period for the DEF 14A filing.)
- 20240315 — Filing Date (Date the DEF 14A was submitted to the SEC.)
Key Players & Entities
- UNIVEST FINANCIAL Corp (company) — Filer
- 14 NORTH MAIN STREET (address) — Business and Mail Address
- SOUDERTON (location) — City
- PA (location) — State
- 18964 (zip_code) — Zip Code
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Definitive Proxy Statement, is used to solicit proxies from shareholders for an annual or special meeting of shareholders. It provides detailed information about matters to be voted on, including executive compensation, director elections, and other corporate governance issues.
What specific compensation elements are detailed in this filing for Univest Financial Corporation?
This filing details executive compensation elements such as changes in pension value, stock awards adjustments, equity awards adjustments, and equity awards granted during the year for both PEO (Principal Executive Officer) and Non-PEO members.
For which fiscal years are compensation data provided?
Compensation data is provided for the fiscal years 2020, 2021, 2022, and 2023.
What is the Standard Industrial Classification (SIC) code for Univest Financial Corporation?
The Standard Industrial Classification (SIC) code for Univest Financial Corporation is 6022, which corresponds to State Commercial Banks.
Where is Univest Financial Corporation headquartered?
Univest Financial Corporation is headquartered in Souderton, Pennsylvania, with its business and mail address listed as 14 North Main Street, PO Box 197, Souderton, PA 18964.
Filing Stats: 4,675 words · 19 min read · ~16 pages · Grade level 11.6 · Accepted 2024-03-15 10:56:18
Filing Documents
- usvp-20240315.htm (DEF 14A) — 778KB
- a2024proxycard.htm (EX-1) — 46KB
- usvp-20240315_g1.jpg (GRAPHIC) — 110KB
- usvp-20240315_g2.jpg (GRAPHIC) — 4KB
- usvp-20240315_g3.jpg (GRAPHIC) — 3KB
- usvp-20240315_g4.jpg (GRAPHIC) — 148KB
- usvp-20240315_g5.jpg (GRAPHIC) — 132KB
- usvp-20240315_g6.jpg (GRAPHIC) — 132KB
- 0000102212-24-000013.txt ( ) — 2730KB
- usvp-20240315.xsd (EX-101.SCH) — 4KB
- usvp-20240315_def.xml (EX-101.DEF) — 5KB
- usvp-20240315_lab.xml (EX-101.LAB) — 7KB
- usvp-20240315_pre.xml (EX-101.PRE) — 5KB
- usvp-20240315_htm.xml (XML) — 95KB
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT Set forth below is certain information concerning the beneficial ownership of our Common Stock by each Director, each Alternate Director, each nominee for Director, each nominee for Alternate Director, each Named Executive Officer, and all Directors and executive officers as a group as of February 9, 2024. Name Number of Shares* Percent William S. Aichele 143,949 ** Joseph P. Beebe 9,110 ** Todd S. Benning 13,071 ** Martin P. Connor 5,020 ** Suzanne Keena