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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Units | 2,930 | $0.00 | -- |
| Exercise | UGI Common Stock | 2,930 | $0.00 | -- |
| Tax Withholding | UGI Common Stock | 960 | $37.07 | $36K |
Footnotes (1)
- The shares were withheld by the issuer to satisfy the reporting person's income tax liability associated with the vesting of an award made in 2023. 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.
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.
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.
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.