Harris Alan N 4
Research Summary
AI-generated summary
UGI Director Alan N. Harris Receives Stock Award
What Happened
Alan N. Harris, a director of UGI Corporation (UGI), received an award of 4,364 Stock Units on January 30, 2026. The grant is reported as an "A" (award/acquisition) on the Form 4 at an acquisition price of $0.00 (total reported value $0). This is a compensation grant, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-01-30; Form 4 filed: 2026-02-03 (appears timely under the 2-business-day rule).
- Award: 4,364 Stock Units; reported price: $0.00; reported aggregate value: $0.
- Footnote F1: Total gives effect to dividend equivalent accruals (units accrue dividend equivalents).
- Footnote F2: Each Stock Unit represents the right to receive one share of common stock upon retirement or termination of service.
- Shares owned after transaction: not disclosed in the provided filing excerpt.
Context
Stock Units are a form of equity compensation or deferred stock award for directors and employees. They do not represent immediate, tradable shares; instead they typically convert into actual shares (or cash equivalent) upon specified vesting, retirement, or termination events. Such awards are common for director compensation and should be viewed as routine compensation rather than an outright market purchase or sale.