Form 4: UGI Corp Director Tina Veronica Faraca Reports Stock and Options Grant

Director Tina Veronica Faraca reports the acquisition of stock units and options in UGI Corporation under the company's 2021 Incentive Award Plan.

Summary

• On January 31, 2025, Tina Veronica Faraca, a director of UGI Corp, reported the acquisition of 7,633 shares of UGI Common Stock through a benefit plan.
• These shares were acquired under the UGI Corporation 2021 Incentive Award Plan.
• Faraca also acquired 1,229 options with an exercise price of $30.73, also granted under the 2021 Incentive Award Plan.
• These options are fully vested as of January 31, 2025 and expire on January 30, 2035.
• Following these transactions, Faraca directly owns 1,229 derivative securities and indirectly owns 7,633 shares of UGI Common Stock through a benefit plan.

Sentiment

Score: 7

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

Positives

• The grant of stock units and options to a director aligns their interests with those of the shareholders.
• The options are fully vested immediately, indicating confidence in the director's contribution and the company's future performance.

Future Outlook

The document does not contain specific forward-looking statements beyond the terms of the incentive plan.

Industry Context

This type of equity grant is a common practice in publicly traded companies to incentivize and retain key personnel, aligning their interests with those of shareholders.

Comparison to Industry Standards

• Equity grants are a standard component of executive compensation packages across various industries.
• Companies like ONE Gas, Inc. and National Fuel Gas Company also utilize stock options and restricted stock units as part of their executive compensation plans.
• The vesting schedules and exercise prices of these grants are typically benchmarked against industry peers to ensure competitiveness.

Stakeholder Impact

• The equity grant aligns the director's interests with those of shareholders, potentially driving long-term value creation.
• Employees may view the grant as a positive sign of the company's commitment to its leadership.

Key Dates

Keywords

UGI Corp, Director, Stock Units, Options, Incentive Award Plan, Beneficial Ownership, Form 4