XML 44 R33.htm IDEA: XBRL DOCUMENT
v3.25.2

Stock-Based Incentive Plan (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract] |
Status of Options Granted Under Long-Term Incentive Plan | The following is a summary of the Corporation's stock option activity and related information for the six months ended June 30, 2025:
(Dollars in thousands, except per share data) | Shares Under Option |  | Weighted Average Exercise Price Per Share |  | Weighted Average Remaining Contractual Life (Years) |  | Aggregate Intrinsic Value at June 30, 2025
Outstanding at December 31, 2024 | 127,782 |  |  | $ | 27.72 |  |  |  |  |
Exercised | (13,000) |  |  | 24.84 |  |  |  |  |
Outstanding at June 30, 2025 | 114,782 |  |  | $ | 28.05 |  |  | 2.1 |  | $ | 229 |
Exercisable at June 30, 2025 | 114,782 |  |  | $ | 28.05 |  |  | 2.1 |  | $ | 229 |
Summary of Nonvested Restricted Stock Units | The following is a summary of nonvested restricted stock units at June 30, 2025 including changes during the six months then ended:
(Dollars in thousands, except per share data) | Nonvested Stock Units |  | Weighted Average Grant Date Fair Value
Nonvested stock units at December 31, 2024 | 501,679 |  |  | $ | 22.67 |
Granted | 196,666 |  |  | 28.44 |
Added by performance factor | 2,761 |  |  | 28.21 |
Vested | (164,280) |  |  | 25.33 |
Forfeited | (5,451) |  |  | 16.23 |
Nonvested stock units at June 30, 2025 | 531,375 |  |  | $ | 24.02 |
Certain Information Regarding Restricted Stock Units | Certain information regarding restricted stock units is summarized below for the periods indicated:
| Six Months Ended June 30,
(Dollars in thousands, except per share data) | 2025 |  | 2024
Restricted stock units granted | 196,666 |  |  | 273,030 |
Weighted average grant date fair value | $ | 28.44 |  |  | $ | 19.70 |
Intrinsic value of units granted | $ | 5,592 |  |  | $ | 5,378 |
Restricted stock units vested | 164,280 |  |  | 151,041 |
Weighted average grant date fair value | $ | 25.33 |  |  | $ | 27.66 |
Intrinsic value of units vested | $ | 4,670 |  |  | $ | 2,983 |
Schedule of Unrecognized Compensation Cost, Nonvested Restricted Stock Units | The total unrecognized compensation expense and the weighted average period over which unrecognized compensation expense is expected to be recognized related to nonvested restricted stock units at June 30, 2025 is presented below:
(Dollars in thousands) | Unrecognized Compensation Cost |  | Weighted-Average Period Remaining (Years)
Restricted stock units | $ | 8,807 |  |  | 2.1
Compensation Expense Related to Stock Incentive Plans Recognized | The following table presents information related to the Corporation’s compensation expense related to stock incentive plans recognized for the periods indicated:
| Six Months Ended June 30,
(Dollars in thousands) | 2025 |  | 2024
Stock-based compensation expense: |  |  |
Restricted stock units | $ | 2,252 |  |  | $ | 2,231 |
Employee stock purchase plan | 45 |  |  | 49 |
Total | $ | 2,297 |  |  | $ | 2,280 |
Tax benefit on nonqualified stock option expense and disqualifying dispositions of incentive stock options | $ | 275 |  |  | $ | 658 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock units. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of cost not yet recognized and weighted-average period over which cost is expected to be recognized for nonvested award under share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (i) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfUnrecognizedCompensationCostNonvestedAwardsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of certain information regarding restricted stock, including but not limited to, number of shares granted, weighted average grant date fair value and intrinsic value of awards vested. + References No definition available. + Details
Name: | uvsp_CertainInformationRegardingRestrictedStockTableTableTextBlock
Namespace Prefix: | uvsp_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration