UGI Corporation (UGI) awards performance and stock units to VP, CAO & Controller
Rhea-AI Filing Summary
UGI Corporation reported new equity awards for officer Jean Felix Tematio, who serves as VP, CAO & Corporate Controller. Effective January 1, 2026, he received 3,055 performance units under the UGI Corporation 2021 Incentive Award Plan. Each performance unit gives him the right to receive one share of UGI common stock if specified performance goals and other conditions are met.
On the same date, he was also granted 4,569 stock units with dividend equivalents under the same plan. Each stock unit represents the right to receive one share of UGI common stock, with 50% of the units vesting on the second anniversary of the grant date and the remaining 50% vesting on the third anniversary. Both awards have an exercise price of $0 and are reported as directly owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Units | 3,055 | $0.00 | -- |
| Grant/Award | Stock Units | 4,569 | $0.00 | -- |
Footnotes (1)
- Effective January 1, 2026, 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, 2026, 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 recipient 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 in this Form 4?
The filing reports that officer Jean Felix Tematio, VP, CAO & Corporate Controller of UGI Corporation, received grants of performance units and stock units under the company’s 2021 Incentive Award Plan effective January 1, 2026.
How many performance units did Jean Felix Tematio receive from UGI (UGI)?
Jean Felix Tematio was granted 3,055 performance units effective January 1, 2026. Each performance unit represents the right to receive one share of UGI common stock if specified performance goals and other conditions are satisfied.
How many stock units did UGI (UGI) grant and what is the vesting schedule?
He received 4,569 stock units with dividend equivalents effective January 1, 2026. Each stock unit represents the right to receive one share of UGI common stock, with 50% vesting on the second anniversary of the grant date and the remaining 50% vesting on the third anniversary.
What is the exercise or purchase price of the UGI (UGI) performance and stock units?
The Form 4 shows an exercise or conversion price of $0 for both the 3,055 performance units and the 4,569 stock units granted under the UGI Corporation 2021 Incentive Award Plan.
What do the UGI (UGI) performance units represent for the reporting person?
Each performance unit granted to Jean Felix Tematio represents the right to receive one share of UGI common stock if the company meets specified performance goals and other conditions described in the award terms.
How are the UGI (UGI) stock units with dividend equivalents structured?
Each stock unit represents the right to receive one share of UGI common stock plus dividend equivalents. The units vest in two equal installments: half on the second anniversary of the January 1, 2026 grant date and half on the third anniversary.
What role does Jean Felix Tematio hold at UGI (UGI)?
Jean Felix Tematio is identified in the filing as an officer of UGI Corporation, serving as VP, CAO & Corporate Controller, and the Form 4 is filed for one reporting person.