Hans G. Bell - 26 Nov 2025 Form 4 Insider Report for UGI CORP /PA/ (UGI)

Reporting relationship
President of Subsidiary
Issuer ticker
UGI
Reported as of
26 Nov 2025
Net transaction value
-$58,211
Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
01 Dec 2025, 16:09:16 UTC
Next SEC filing
05 Jan 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Pamela A. Meredith, Attorney-in-Fact for Hans G. Bell

Key filing fact

Hans G. Bell filed Form 4 for UGI CORP /PA/ (UGI) on 01 Dec 2025.

Key facts

  • This page summarizes Hans G. Bell's Form 4 filing for UGI CORP /PA/ (UGI).
  • 3 reported transactions and 17 derivative rows are listed below.
  • Accepted by SEC: 01 Dec 2025, 16:09.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: -$58,211.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001823532 Primary reporting owner

Bell Hans G.

Relationship
President of Subsidiary
Address
500 NORTH GULPH ROAD, KING OF PRUSSIA
Signature
/s/ Pamela A. Meredith, Attorney-in-Fact for Hans G. Bell
Signature date
01 Dec 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

UGI transaction

UGI Common Stock

Options Exercise

Transaction value
$381,488
Shares
+11,300
Change %
+62%
Price
$33.76
Shares after
29,520
Date
26 Nov 2025
Ownership
Direct
Footnotes
F1
UGI transaction

UGI Common Stock

Sale

Transaction value
$439,699
Shares
-11,300
Change %
-38%
Price
$38.91
Shares after
18,220
Date
26 Nov 2025
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

UGI transaction Derivative

Options (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-11,300
Change %
-100%
Price
$0.000000
Shares after
0
Date
26 Nov 2025
Ownership
Direct
Underlying class
UGI Common Stock
Underlying amount
11,300
Exercise price
$33.76
UGI holding Derivative

Options (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
10,000
Date
26 Nov 2025
Ownership
Direct
Underlying class
UGI Common Stock
Underlying amount
10,000
Exercise price
$46.08
Footnotes
F3
UGI holding Derivative

Options (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
4,500
Date
26 Nov 2025
Ownership
Direct
Underlying class
UGI Common Stock
Underlying amount
4,500
Exercise price
$49.94
Footnotes
F4
UGI holding Derivative

Options (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
13,000
Date
26 Nov 2025
Ownership
Direct
Underlying class
UGI Common Stock
Underlying amount
13,000
Exercise price
$46.95
Footnotes
F5
UGI holding Derivative

Options (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
12,530
Date
26 Nov 2025
Ownership
Direct
Underlying class
UGI Common Stock
Underlying amount
12,530
Exercise price
$53.35
Footnotes
F6
UGI holding Derivative

Options (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
20,010
Date
26 Nov 2025
Ownership
Direct
Underlying class
UGI Common Stock
Underlying amount
20,010
Exercise price
$45.16
Footnotes
F7
UGI holding Derivative

Options (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
15,540
Date
26 Nov 2025
Ownership
Direct
Underlying class
UGI Common Stock
Underlying amount
15,540
Exercise price
$34.96
Footnotes
F8
UGI holding Derivative

Options (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
9,980
Date
26 Nov 2025
Ownership
Direct
Underlying class
UGI Common Stock
Underlying amount
9,980
Exercise price
$45.91
Footnotes
F9
UGI holding Derivative

Options (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
14,510
Date
26 Nov 2025
Ownership
Direct
Underlying class
UGI Common Stock
Underlying amount
14,510
Exercise price
$41.45
Footnotes
F10
UGI holding Derivative

Options (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
24,970
Date
26 Nov 2025
Ownership
Direct
Underlying class
UGI Common Stock
Underlying amount
24,970
Exercise price
$24.60
Footnotes
F11
UGI holding Derivative

Performance Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,590
Date
26 Nov 2025
Ownership
Direct
Underlying class
UGI Common Stock
Underlying amount
1,590
Exercise price
$0.000000
Footnotes
F12
UGI holding Derivative

Performance Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,320
Date
26 Nov 2025
Ownership
Direct
Underlying class
UGI Common Stock
Underlying amount
2,320
Exercise price
$0.000000
Footnotes
F13
UGI holding Derivative

Performance Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,850
Date
26 Nov 2025
Ownership
Direct
Underlying class
UGI Common Stock
Underlying amount
2,850
Exercise price
$0.000000
Footnotes
F13
UGI holding Derivative

Performance Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
5,725
Date
26 Nov 2025
Ownership
Direct
Underlying class
UGI Common Stock
Underlying amount
5,725
Exercise price
$0.000000
Footnotes
F14
UGI holding Derivative

Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
3,310
Date
26 Nov 2025
Ownership
Direct
Underlying class
UGI Common Stock
Underlying amount
3,310
Exercise price
Footnotes
F15
UGI holding Derivative

Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
4,270
Date
26 Nov 2025
Ownership
Direct
Underlying class
UGI Common Stock
Underlying amount
4,270
Exercise price
Footnotes
F16
UGI holding Derivative

Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
8,502
Date
26 Nov 2025
Ownership
Direct
Underlying class
UGI Common Stock
Underlying amount
8,502
Exercise price
Footnotes
F17
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 17 footnotes

Footnote F1

Includes 1,642 shares of UGI Common Stock that are held by the Hans G. Bell and Melissa A. Bell Trust, a joint tenancy for which the reporting person's spouse holds shared voting and investment power with the reporting person.

Footnote F2

The shares of common stock with respect to this transaction were sold at prices ranging from $38.90 to $38.9950. 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.

Footnote F3

These options were granted effective January 1, 2017 and became fully vested on January 1, 2020.

Footnote F4

These options were granted effective May 1, 2017 and became fully vested on May 1, 2020.

Footnote F5

These options were granted effective January 1, 2018 and became fully vested on January 1, 2021.

Footnote F6

These options were granted effective January 1, 2019 and became fully vested on January 1, 2022.

Footnote F7

These options were granted effective January 1, 2020 and became fully vested on January 1, 2023.

Footnote F8

These options were granted effective January 1, 2021 and became fully vested on January 1, 2024.

Footnote F9

These options were granted effective January 1, 2022 and became fully vested on January 1, 2025.

Footnote F10

These options were granted effective January 12, 2023 and vest in three equal annual installments beginning on January 12, 2024.

Footnote F11

These options were granted effective January 1, 2024 and vest in three equal annual installments beginning on January 1, 2025.

Footnote F12

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.

Footnote F13

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.

Footnote F14

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.

Footnote F15

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.

Footnote F16

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.

Footnote F17

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.

SEC remarks

The reporting person was a Section 16 Officer from September 2020 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.

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