Form 4: UGI Corp Director Mario Longhi Reports Stock Unit Grant and Dispositions
SEC Form 4 Filing
Director Mario Longhi reports acquisition of stock units and disposition of shares, affecting his beneficial ownership in UGI Corp.
Summary
- On January 31, 2025, Mario Longhi, a director of UGI Corp, acquired 11,390 shares of UGI Common Stock at $0.
- These shares were acquired through a benefit plan.
- Also on January 31, 2025, Longhi disposed of 65,062 shares of UGI Common Stock.
- Following these transactions, Longhi directly owns 22,413 shares and indirectly owns shares through a benefit plan.
- Longhi was granted Stock Units under the UGI Corporation 2021 Incentive Award Plan, with each unit representing the right to receive a share of Common Stock upon retirement or termination of service.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Future Outlook
The stock units granted under the UGI Corporation 2021 Incentive Award Plan will be converted to common stock upon the director's retirement or termination of service.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors and their holdings in the company's stock.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of a company director.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of stock acquisition and disposition, and grant of stock units. |
| 02/04/2025 | Date of signature for the Form 4 filing. |
Keywords
UGI Corp, Mario Longhi, Stock Units, Beneficial Ownership, Form 4, Director, Securities
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