(UGI)

Role: President of Subsidiary
Signature: /s/ Pamela A. Meredith, Attorney-in-Fact for Joseph L. Hartz
Issuer symbol: UGI
Transactions as of: 25 Nov 2025
Net transactions value: -$73,736
Form type: 4
Filing time: 28 Nov 2025, 16:59:55 UTC
Next filing: 18 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Hartz Joseph L.	President of Subsidiary	500 NORTH GULPH ROAD, KING OF PRUSSIA	/s/ Pamela A. Meredith, Attorney-in-Fact for Joseph L. Hartz	28 Nov 2025	0001698762

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UGI	UGI Common Stock	Options Exercise	$506,400	+15,000	+45%	$33.76	48,492	25 Nov 2025	Direct
transaction	UGI	UGI Common Stock	Sale	$580,136	-15,000	-31%	$38.68	33,492	25 Nov 2025	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	UGI	Options (Right to Buy)	Options Exercise	$0	-15,000	-75%	$0.000000	5,000	25 Nov 2025	UGI Common Stock	15,000	$33.76	Direct
holding	UGI	Options (Right to Buy)						18,000	25 Nov 2025	UGI Common Stock	18,000	$46.08	Direct	F2
holding	UGI	Options (Right to Buy)						12,500	25 Nov 2025	UGI Common Stock	12,500	$48.29	Direct	F3
holding	UGI	Options (Right to Buy)						33,000	25 Nov 2025	UGI Common Stock	33,000	$46.95	Direct	F4
holding	UGI	Options (Right to Buy)						25,880	25 Nov 2025	UGI Common Stock	25,880	$53.35	Direct	F5
holding	UGI	Options (Right to Buy)						42,580	25 Nov 2025	UGI Common Stock	42,580	$45.16	Direct	F6
holding	UGI	Options (Right to Buy)						22,070	25 Nov 2025	UGI Common Stock	22,070	$34.96	Direct	F7
holding	UGI	Options (Right to Buy)						14,180	25 Nov 2025	UGI Common Stock	14,180	$45.91	Direct	F8
holding	UGI	Options (Right to Buy)						19,270	25 Nov 2025	UGI Common Stock	19,270	$41.45	Direct	F9
holding	UGI	Options (Right to Buy)						35,660	25 Nov 2025	UGI Common Stock	35,660	$24.60	Direct	F10
holding	UGI	Performance Units						2,110	25 Nov 2025	UGI Common Stock	2,110	$0.000000	Direct	F11
holding	UGI	Performance Units						3,310	25 Nov 2025	UGI Common Stock	3,310	$0.000000	Direct	F12
holding	UGI	Performance Units						4,070	25 Nov 2025	UGI Common Stock	4,070	$0.000000	Direct	F12
holding	UGI	Performance Units						7,156	25 Nov 2025	UGI Common Stock	7,156	$0.000000	Direct	F13
holding	UGI	Stock Units						4,390	25 Nov 2025	UGI Common Stock	4,390		Direct	F14
holding	UGI	Stock Units						6,100	25 Nov 2025	UGI Common Stock	6,100		Direct	F15
holding	UGI	Stock Units						10,627	25 Nov 2025	UGI Common Stock	10,627		Direct	F16

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares of common stock with respect to this transaction were sold at prices ranging from $38.60 to $38.90. Upon request, UGI Corporation will provide to the U.S. Securities and Exchange Commission staff, or a security holder of UGI Corporation, full information regarding the number of shares of common stock sold at each separate price.
F2	These options were granted effective January 1, 2017 and became fully vested on January 1, 2020.
F3	These options were granted effective March 6, 2017 and became fully vested on March 6, 2020.
F4	These options were granted effective January 1, 2018 and became fully vested on January 1, 2021.
F5	These options were granted effective January 1, 2019 and became fully vested on January 1, 2022.
F6	These options were granted effective January 1, 2020 and became fully vested on January 1, 2023.
F7	These options were granted effective January 1, 2021 and became fully vested on January 1, 2024.
F8	These options were granted effective January 1, 2022 and became fully vested on January 1, 2025.
F9	These options were granted effective January 12, 2023 and vest in three equal annual installments beginning on January 12, 2024.
F10	These options were granted effective January 1, 2024 and vest in three equal annual installments beginning on January 1, 2025.
F11	Effective January 12, 2023, 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.
F12	Effective January 1, 2024, 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.
F13	Effective January 1, 2025, 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.
F14	Effective January 12, 2023, 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 reporting person to receive a share of UGI Common Stock after three years of employment.
F15	Effective January 1, 2024, 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 reporting person to receive a share of UGI Common Stock after three years of employment.
F16	Effective January 1, 2025, 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 reporting person 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.

Remarks:

The reporting person was a Section 16 Officer from March 2017 until 2021. The reporting person became a Section 16 Officer again on January 31, 2025. Holdings reflect current beneficial ownership including securities acquired during the period when reporting was not required.