Company: UVSP
Filing Date: 2025-10-24
Form Type: 10-Q
Source: 0000102212-25-000028
Chunk: 183

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-10-24
Form: 10-Q
Item: Item 8
Chunk 183
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 applicable to the Corporation from those disclosed in "Risk Factors" in Item 1A of the Corporation's Annual Report on Form 10-K for the year ended December 31, 2024.

65

Item 2.    Unregistered Sales of Equity Securities and Use of Proceeds 

The following table provides information on repurchases by the Corporation of its common stock during the third quarter of 2025, under the Corporation's Board approved program.

ISSUER PURCHASES OF EQUITY SECURITIESPeriodTotal Numberof SharesPurchasedAveragePrice Paidper Share 1Total Number ofShares Purchased asPart of PubliclyAnnounced Plans orProgramsMaximum Number ofShares that May Yet BePurchased Under thePlans or ProgramsJuly 1 – 31, 202532,700 $29.65 32,700 972,937 August 1 – 31, 2025115,282 30.04 115,282 857,655 September 1 – 30, 2025107,028 31.16 107,028 750,627 Total255,010 $30.46 255,010 

1.Average price paid per share includes stock repurchase excise tax.

On October 23, 2024, the Corporation's Board of Directors approved the repurchase of 1,000,000 additional shares, or approximately 3.4% of the Corporation's common stock outstanding as of September 30, 2024. The stock repurchase plan does not include normal treasury activity such as purchases to fund the dividend reinvestment, employee stock purchase and equity compensation plans. The stock repurchase plan has no scheduled expiration date, and the Board of Directors has the right to suspend or discontinue the plans at any time.

In addition to the repurchases disclosed above, participants in the Corporation's stock-based incentive plans may have shares withheld to cover income taxes upon the vesting of restricted stock awards and may use a stock swap to exercise stock options. Shares withheld to cover income taxes upon the vesting of restricted stock awards and stock swaps to exercise stock options are repurchased pursuant to the terms of the applicable plan and not under the Corporation's share repurchase program. Shares repurchased pursuant to these plans during the three months ended September 30, 2025 were as follows:

PeriodTotal Number of Shares PurchasedAverage Price Paid per ShareJuly 1 –