UGI Corp (NYSE: UGI) insider awarded performance and stock units in 2026

Rhea-AI Filing Summary

UGI Corporation reported new equity awards for subsidiary president Joseph L. Hartz. Effective January 1, 2026, he received 8,039 performance units under the UGI Corporation 2021 Incentive Award Plan, each representing the right to receive one share of UGI common stock if specified performance goals and other conditions are met, with an expiration date of December 31, 2028. On the same date, he was also granted 5,344 stock units with dividend equivalents under the same plan, each representing the right to receive one share of UGI common stock. Half of these stock units vest on the second anniversary of the grant date and the remaining half vest on the third anniversary. Both derivative awards are shown at an exercise or conversion price of $0 and are held directly.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hartz Joseph L.

(Last) (First) (Middle)

500 NORTH GULPH ROAD

(Street)

KING OF PRUSSIA PA 19406

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
UGI CORP /PA/ [ UGI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President of Subsidiary

3. Date of Earliest Transaction (Month/Day/Year)
01/01/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance Units	$0	01/01/2026		A		8,039		(1)	12/31/2028	UGI Common Stock	8,039	$0	8,039	D
Stock Units	(2)	01/01/2026		A		5,344		(2)	(2)	UGI Common Stock	5,344	$0	5,344	D

Explanation of Responses:

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.

2. 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.

	/s/ Pamela A. Meredith, Attorney-in-Fact for Joseph L. Hartz	01/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider equity awards were granted by UGI (UGI) on January 1, 2026?

On January 1, 2026, UGI granted its subsidiary president 8,039 performance units and 5,344 stock units with dividend equivalents under the UGI Corporation 2021 Incentive Award Plan.

What do the UGI (UGI) performance units granted in 2026 represent?

Each of the 8,039 performance units granted effective January 1, 2026 represents the right of the reporting person to receive one share of UGI common stock if specified performance goals and other conditions are met, with an expiration date of December 31, 2028.

How do the 2026 UGI (UGI) stock units vest?

The 5,344 stock units granted effective January 1, 2026 vest in two tranches: 50% vest on the second anniversary of the grant date and the remaining 50% vest on the third anniversary of the grant date.

What is the exercise or conversion price of the UGI (UGI) derivative awards?

Both the performance units and the stock units reported are shown with an exercise or conversion price of $0 for the derivative securities.

Who is the reporting person in this UGI (UGI) insider transaction?

The reporting person is identified as an officer of UGI, serving as President of a subsidiary. The Form 4 is signed by Pamela A. Meredith as attorney-in-fact for Joseph L. Hartz.

Are the 2026 UGI (UGI) performance and stock units held directly or indirectly?

The filing shows the 8,039 performance units and 5,344 stock units as being directly owned by the reporting person.