Seage Santiago 4
Research Summary
AI-generated summary
UGI Director Seage Santiago Receives Stock Unit Award
What Happened Seage Santiago, a director of UGI Corporation (UGI), received an award of 4,364 Stock Units under UGI’s 2021 Incentive Award Plan on January 30, 2026. The grant is reported as an Award/Grant (code A) with an acquisition price of $0.00 — these are deferred-equity units, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-01-30; filing date: 2026-02-03 (appears to be timely).
- Award: 4,364 Stock Units reported at $0.00 acquisition price.
- Footnote F2: Each Stock Unit represents the right to receive one share of common stock upon the recipient’s retirement or termination of service.
- Footnote F1: Total figures reflect dividend equivalent accruals related to the award.
- Shares owned after transaction: not specified in the provided filing.
Context Stock Unit awards are a form of deferred compensation common for directors and executives. They do not involve an immediate cash outlay or open-market trade and typically vest or convert to shares on specified events (here, retirement or termination). Such awards are routine compensation and should be interpreted as grant-based retention/compensation rather than an immediate buy or sell signal.