Director Melanie Ruiz gains 4,364 UGI (UGI) stock units via incentive plan

Rhea-AI Filing Summary

UGI Corporation director Melanie Ruiz, through a benefit plan, acquired 4,364 shares of UGI common stock on January 30, 2026 at a price of $0 per share. Following this grant, the benefit plan holds 11,275 shares indirectly for her benefit. The increase reflects stock units granted under the UGI Corporation 2021 Incentive Award Plan, including dividend-equivalent accruals. Each stock unit represents the right to receive one share of common stock upon Ruiz’s retirement or termination of service as a director.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ruiz Melanie

(Last) (First) (Middle)

500 NORTH GULPH ROAD

(Street)

KING OF PRUSSIA PA 19406

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
UGI CORP /PA/ [ UGI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
UGI Common Stock	01/30/2026		A		4,364	A	$0	11,275(1)	I	Benefit Plan(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Total gives effect to dividend equivalent accruals.

2. Effective January 30, 2026, the reporting person was granted Stock Units under the UGI Corporation 2021 Incentive Award Plan. Each Stock Unit represents the right of the recipient to receive a share of Common Stock upon retirement or termination of service.

	/s/ Pamela A. Meredith, Attorney-in-Fact for Melanie Ruiz	02/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did UGI (UGI) report for director Melanie Ruiz?

UGI reported that director Melanie Ruiz, through a benefit plan, acquired 4,364 shares of UGI common stock on January 30, 2026. The shares were granted at $0 per share as stock units under the company’s 2021 Incentive Award Plan.

How many UGI (UGI) shares does the benefit plan hold for Melanie Ruiz after this transaction?

After the reported transaction, the benefit plan associated with Melanie Ruiz holds 11,275 shares of UGI common stock indirectly. This total includes the newly granted 4,364 shares and reflects the effect of dividend-equivalent accruals on the stock unit balance.

What was the price and type of UGI (UGI) securities granted to Melanie Ruiz?

The filing shows that 4,364 UGI common shares were acquired at a price of $0 per share. These are stock units granted under the UGI Corporation 2021 Incentive Award Plan, not open-market purchases, and are held indirectly through a benefit plan.

When do Melanie Ruiz’s UGI (UGI) stock units convert into common shares?

Each stock unit granted to Melanie Ruiz represents the right to receive one share of UGI common stock. According to the disclosure, the shares are delivered upon her retirement or termination of service as a director under the 2021 Incentive Award Plan.

What do the dividend-equivalent accruals mean in Melanie Ruiz’s UGI (UGI) Form 4?

The filing notes that the reported total gives effect to dividend equivalent accruals. This means the number of stock units credited to Melanie Ruiz’s benefit plan increases over time to mirror dividends paid on UGI common stock, boosting her total unit balance.

Is Melanie Ruiz’s ownership in UGI (UGI) direct or indirect after this grant?

The Form 4 classifies the 11,275 UGI shares as held indirectly through a Benefit Plan. This indicates the position is maintained in a plan account associated with Melanie Ruiz, rather than being owned directly in her personal name.