Bort M Shawn 4
Research Summary
AI-generated summary
UGI (UGI) Director Bort M. Shawn Receives 4,364 Stock Units
What Happened
- Bort M. Shawn, a director of UGI Corporation (UGI), received a grant of 4,364 stock units (transaction code A — award) on January 30, 2026. The grant was reported at $0.00 per unit (no cash paid at grant). These Stock Units represent the right to receive one share of common stock upon the recipient’s retirement or termination of service.
Key Details
- Transaction date: 2026-01-30; Form 4 filed: 2026-02-03 (timely filing).
- Grant amount: 4,364 Stock Units; reported price per unit: $0.00.
- Shares owned after transaction: not specified in the provided filing summary.
- Footnotes: F1 — totals reflect dividend-equivalent accruals; F2 — Stock Units convert to shares upon retirement or termination of service.
- Transaction code: A = Award/Grant (this is compensation, not an open-market purchase).
Context
- This is a routine equity award (director compensation/retention) rather than an outright market purchase or sale; such grants are common and do not, by themselves, indicate the insider’s market view. Dividend-equivalent accruals can increase the number of units over time before conversion to actual shares.