UGI Corp (UGI) officer exercises 15,000 options and sells 15,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UGI Corporation reported a Form 4 for an officer who is President of a subsidiary, covering equity activity on 11/25/2025. The reporting person exercised 15,000 options for UGI common stock at an exercise price of $33.76 per share and, on the same date, sold 15,000 shares at an average price of $38.6757, leaving 33,492 UGI shares owned directly afterward.
The filing also lists a substantial portfolio of derivative awards, including multiple option grants with various exercise prices and expiration dates, performance units tied to UGI common stock, and stock units with dividend equivalents that vest over time. A footnote explains that sale prices ranged from $38.60 to $38.90. The remarks state that the individual was a Section 16 officer from March 2017 to 2021 and again became a Section 16 officer on January 31, 2025, and that current reported holdings include securities accumulated while reporting was not required.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 15,000 shares ($580,136)
Net Sell
19 txns
Insider
Hartz Joseph L.
Role
President of Subsidiary
Sold
15,000 shs ($580K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Options (Right to Buy) | 15,000 | $0.00 | -- |
| Exercise | UGI Common Stock | 15,000 | $33.76 | $506K |
| Sale | UGI Common Stock | 15,000 | $38.6757 | $580K |
| holding | Options (Right to Buy) | -- | -- | -- |
| holding | Options (Right to Buy) | -- | -- | -- |
| holding | Options (Right to Buy) | -- | -- | -- |
| holding | Options (Right to Buy) | -- | -- | -- |
| holding | Options (Right to Buy) | -- | -- | -- |
| holding | Options (Right to Buy) | -- | -- | -- |
| holding | Options (Right to Buy) | -- | -- | -- |
| holding | Options (Right to Buy) | -- | -- | -- |
| holding | Options (Right to Buy) | -- | -- | -- |
| holding | Performance Units | -- | -- | -- |
| holding | Performance Units | -- | -- | -- |
| holding | Performance Units | -- | -- | -- |
| holding | Performance Units | -- | -- | -- |
| holding | Stock Units | -- | -- | -- |
| holding | Stock Units | -- | -- | -- |
| holding | Stock Units | -- | -- | -- |
Holdings After Transaction:
Options (Right to Buy) — 5,000 shares (Direct);
UGI Common Stock — 48,492 shares (Direct);
Performance Units — 2,110 shares (Direct);
Stock Units — 4,390 shares (Direct)
Footnotes (1)
- The shares of common stock with respect to this transaction were sold at prices ranging from $38.60 to $38.90. Upon request, UGI Corporation will provide to the U.S. Securities and Exchange Commission staff, or a security holder of UGI Corporation, full information regarding the number of shares of common stock sold at each separate price. These options were granted effective January 1, 2017 and became fully vested on January 1, 2020. These options were granted effective March 6, 2017 and became fully vested on March 6, 2020. These options were granted effective January 1, 2018 and became fully vested on January 1, 2021. These options were granted effective January 1, 2019 and became fully vested on January 1, 2022. These options were granted effective January 1, 2020 and became fully vested on January 1, 2023. These options were granted effective January 1, 2021 and became fully vested on January 1, 2024. These options were granted effective January 1, 2022 and became fully vested on January 1, 2025. These options were granted effective January 12, 2023 and vest in three equal annual installments beginning on January 12, 2024. These options were granted effective January 1, 2024 and vest in three equal annual installments beginning on January 1, 2025. Effective January 12, 2023, the reporting person was granted performance units under the UGI Corporation 2021 Incentive Award Plan. Each performance unit represents the right of the reporting person to receive a share of UGI Common Stock if specified performance goals and other conditions are met. Effective January 1, 2024, the reporting person was granted performance units under the UGI Corporation 2021 Incentive Award Plan. Each performance unit represents the right of the reporting person to receive a share of UGI Common Stock if specified performance goals and other conditions are met. Effective January 1, 2025, the reporting person was granted performance units under the UGI Corporation 2021 Incentive Award Plan. Each performance unit represents the right of the reporting person to receive a share of UGI Common Stock if specified performance goals and other conditions are met. Effective January 12, 2023, the reporting person was granted stock units with dividend equivalents under the UGI Corporation 2021 Incentive Award Plan. Each stock unit represents the right of the reporting person to receive a share of UGI Common Stock after three years of employment. Effective January 1, 2024, the reporting person was granted stock units with dividend equivalents under the UGI Corporation 2021 Incentive Award Plan. Each stock unit represents the right of the reporting person to receive a share of UGI Common Stock after three years of employment. Effective January 1, 2025, the reporting person was granted stock units with dividend equivalents under the UGI Corporation 2021 Incentive Award Plan. Each stock unit represents the right of the reporting person to receive a share of UGI Common Stock, with 50% of such stock units vesting on the second anniversary of the grant date and the remaining 50% vesting on the third anniversary of the grant date.
FAQ
What insider transaction did UGI (UGI) report on November 25, 2025?
The filing shows a UGI subsidiary president exercised 15,000 stock options at $33.76 per share and sold 15,000 UGI common shares on 11/25/2025.
What types of derivative awards does the UGI (UGI) insider hold?
The insider holds multiple options (rights to buy) UGI common stock with various exercise prices and expiration dates, as well as performance units and stock units that can settle in UGI shares under the 2021 Incentive Award Plan.
What do the performance units and stock units in the UGI (UGI) Form 4 represent?
Each performance unit or stock unit generally represents the right to receive one share of UGI common stock if specified performance goals, employment conditions, and vesting schedules are met.
Why does the UGI (UGI) Form 4 mention past and current Section 16 officer status?
The remarks explain that the reporting person was a Section 16 officer from March 2017 to 2021 and again became one on January 31, 2025, and that the holdings shown include securities obtained during the period when reporting was not required.