UGI Corporation (UGI) insider vests units, tax withholding on Form 4
Rhea-AI Filing Summary
UGI Corporation executive Tematio Jean Felix reported routine equity compensation activity. On January 11, 2026, 2,930 stock units previously granted under the UGI Corporation 2021 Incentive Award Plan were converted into 2,930 shares of UGI Common Stock at an exercise price of $0. These stock units were originally granted effective January 12, 2023, with each unit representing the right to receive one share of common stock after three years of employment.
On the same date, 960 shares of UGI Common Stock were withheld by the company at a price of $37.07 per share to cover the reporting person’s income tax liability tied to the vesting of the 2023 award. After these transactions, Tematio Jean Felix directly beneficially owned 6,952 shares of UGI Common Stock.
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FAQ
What insider transaction did UGI (UGI) report for Tematio Jean Felix?
UGI reported that Tematio Jean Felix, VP, CAO & Corporate Controller, had 2,930 stock units converted into 2,930 shares of UGI Common Stock on January 11, 2026, at an exercise price of $0 per share.
How many UGI shares were withheld for taxes in this Form 4 filing?
The filing shows that 960 shares of UGI Common Stock were withheld by the issuer at a price of $37.07 per share to satisfy the reporting person’s income tax liability related to the vesting of a 2023 award.
How many UGI shares does Tematio Jean Felix own after these transactions?
Following the reported transactions, Tematio Jean Felix directly beneficially owned 6,952 shares of UGI Common Stock.
What equity award plan is referenced in this UGI (UGI) Form 4?
The stock units were granted under the UGI Corporation 2021 Incentive Award Plan, with each unit representing the right to receive one share of UGI Common Stock after three years of employment.
Was the stock unit transaction for UGI shares a cash purchase?
No. The conversion of 2,930 stock units into UGI Common Stock was reported with an exercise price of $0 per share, indicating it was part of an equity award vesting rather than an open market cash purchase.
What role does Tematio Jean Felix hold at UGI Corporation?
In the filing, Tematio Jean Felix is listed as an officer of UGI Corporation, serving as VP, CAO & Corporate Controller.