UGI Corporation (UGI) reports executive equity grants under 2021 incentive plan

Rhea-AI Filing Summary

UGI Corporation reported that an officer serving as President of a subsidiary received new equity awards effective 01/01/2026 under the UGI Corporation 2021 Incentive Award Plan. The officer was granted 4,824 performance units, each representing the right to receive one share of UGI common stock if specified performance goals and other conditions are met, with an exercise price of $0 and an expiration date of 12/31/2028. The officer was also granted 3,206 stock units with dividend equivalents at $0, each representing the right to receive one share of UGI common stock, with 50% of the stock units vesting on the second anniversary of the grant date and the remaining 50% vesting on the third anniversary.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Fazio Julie

Role President of Subsidiary

Type	Security	Shares	Price	Value
Grant/Award	Performance Units	4,824	$0.00	--
Grant/Award	Stock Units	3,206	$0.00	--

Holdings After Transaction: Performance Units — 4,824 shares (Direct); Stock Units — 3,206 shares (Direct)

Footnotes (1)

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.

Form 4 Insider Transactions: What Each Field Means →

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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hours per response:			0.5

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^*

Fazio Julie

(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		4,824		(1)	12/31/2028	UGI Common Stock	4,824	$0	4,824	D
Stock Units	(2)	01/01/2026		A		3,206		(2)	(2)	UGI Common Stock	3,206	$0	3,206	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 Julie Fazio	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.
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FAQ

What insider transaction did UGI (UGI) report in this Form 4?

The filing shows an officer who is President of a UGI subsidiary received performance units and stock units under the UGI Corporation 2021 Incentive Award Plan effective 01/01/2026.

How many performance units were granted to the UGI executive and on what terms?

The officer received 4,824 performance units at an exercise price of $0. Each unit represents the right to receive one share of UGI common stock if specified performance goals and other conditions are met, and these units expire on 12/31/2028.

What stock unit award did the UGI executive receive and how do they vest?

The officer received 3,206 stock units with dividend equivalents at $0 under the 2021 Incentive Award Plan. Each stock unit represents one share of UGI common stock, with 50% vesting on the second anniversary of the 01/01/2026 grant date and the remaining 50% vesting on the third anniversary.

What is the role of the reporting person in relation to UGI Corporation?

The reporting person is identified as an officer of UGI, serving as President of a subsidiary of UGI Corporation.

Are these UGI equity awards part of a specific incentive plan?

Yes. Both the performance units and stock units were granted under the UGI Corporation 2021 Incentive Award Plan.

Do the reported UGI equity awards require the executive to pay an exercise price?

No. The filing lists the conversion or exercise price for both the 4,824 performance units and the 3,206 stock units as $0.