Form 4: UGI Corp Director Kelly A. Romano Reports Stock Unit Grant

Director Kelly A. Romano reports the acquisition of 5,695 stock units in UGI Corp through the 2021 Incentive Award Plan.

Summary

• On January 31, 2025, Kelly A. Romano, a director of UGI Corp, acquired 5,695 stock units.
• These stock units were granted under the UGI Corporation 2021 Incentive Award Plan.
• Each stock unit represents the right to receive one share of UGI Common Stock upon retirement or termination of service.
• Following this transaction, Romano beneficially owns 24,652 shares of UGI Common Stock indirectly through a benefit plan.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and aligns director interests with company performance.

Positives

• The grant of stock units aligns the director's interests with the long-term performance of UGI Corp.
• The incentive award plan is designed to reward key personnel.

Future Outlook

The stock units will convert to common stock upon retirement or termination of service, indicating a long-term incentive for the director.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The grant of stock units to a director can positively influence shareholder confidence by aligning management's interests with those of the shareholders.

Key Dates