UGI legal chief sells 25,360 shares after exercise
UGI Corporation’s General Counsel and Chief Legal Officer, Kathleen Shea-Ballay, exercised options to acquire 25,360 shares of UGI common stock at $24.60 per share, then sold the same 25,360 shares in an open-market sale.
Rhea-AI Filing Summary
UGI Corporation’s General Counsel and Chief Legal Officer, Kathleen Shea-Ballay, exercised options to acquire 25,360 shares of UGI common stock at $24.60 per share, then sold the same 25,360 shares in an open-market sale.
The sale was executed at an average price of $33.6157 per share, with individual trades ranging from $33.58 to $33.89. Following these transactions, she holds no UGI common stock directly but retains options for 12,680 shares at a $24.60 exercise price, expiring on December 31, 2033.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 25,360 shares ($229K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Shea-Ballay Kathleen
Role
GC and Chief Legal Officer
Sold
25,360 shs ($852K)
Approx. gross sale proceeds
$852K
Approx. exercise cost
$624K
Approx. pre-tax spread
$229K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Options (Right to Buy) | 25,360 | $0.00 | $0.00 |
| Exercise | UGI Common Stock | 25,360 | $24.60 | $624K |
| Sale | UGI Common Stock | 25,360 | $33.6157 | $852K |
Holdings After Transaction:
Options (Right to Buy) — 12,680 contracts (Direct);
UGI Common Stock — 0 shares (Direct)
Footnotes (1)
- F1. The shares of common stock with respect to this transaction were purchased at prices ranging from $33.58 and $33.89. 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 purchased at each separate price.
Key Figures
Shares sold: 25,360 shares
Average sale price: $33.6157 per share
Options exercised: 25,360 shares at $24.60
+3 more
6 metrics
Shares sold
25,360 shares
Open-market sale of UGI common stock on June 18, 2026
Average sale price
$33.6157 per share
UGI common stock sale price range $33.58–$33.89
Options exercised
25,360 shares at $24.60
Exercise of options into UGI common stock
Options remaining
12,680 options
Options to buy UGI common stock after transaction
Option expiration
December 31, 2033
Expiration date of remaining UGI stock options
Direct common stock held after
0 shares
UGI common stock directly owned post-transaction
Key Terms
open-market sale, derivative exercise/conversion, Options (Right to Buy), exercise price, +1 more
5 terms
open-market sale financial
"transaction_action": "open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion"
Options (Right to Buy) financial
"security_title": "Options (Right to Buy)"
exercise price financial
"conversion_or_exercise_price": "24.6000"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did UGI (UGI) report for Kathleen Shea-Ballay?
UGI reported that General Counsel and Chief Legal Officer Kathleen Shea-Ballay exercised options for 25,360 UGI common shares and then sold all 25,360 shares in an open-market transaction, according to a Form 4 insider trading report filed with regulators.
What option exercise did Kathleen Shea-Ballay report for UGI stock?
She reported exercising options to buy 25,360 shares of UGI common stock at a $24.60 exercise price. This derivative exercise converted option holdings into common shares, which were then sold in the open market on the same reported date.
How many UGI stock options does Kathleen Shea-Ballay still hold after this transaction?
After the reported transactions, Kathleen Shea-Ballay retains options covering 12,680 shares of UGI common stock. These remaining options carry a $24.60 exercise price and are scheduled to expire on December 31, 2033, based on the Form 4 disclosure.
Does Kathleen Shea-Ballay still directly own UGI common stock after the sale?
Following the exercise and sale, Kathleen Shea-Ballay directly holds no UGI common stock. The Form 4 shows zero shares of common stock owned directly after the transaction, while she continues to hold a residual position through outstanding stock options.
AI-generated analysis. How Rhea-AI works. Not financial advice.
