UGI CORP /PA/ — Director's Dealing 2025

Nov 28, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UGI CORP /PA/ (UGI)
CIK: 0000884614
Period of Report: 2025-11-25

Reporting Person: Hartz Joseph L. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-11-25	UGI Common Stock	M	15000	$33.76	Acquired	48492	Direct
2025-11-25	UGI Common Stock	S	15000	$38.6757	Disposed	33492	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-11-25	Options (Right to Buy)	$33.76	M	15000	Disposed	2025-12-31	UGI Common Stock (15000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options (Right to Buy)	$46.08	2026-12-31	UGI Common Stock (18000)	18000	Direct
Options (Right to Buy)	$48.29	2027-03-05	UGI Common Stock (12500)	12500	Direct
Options (Right to Buy)	$46.95	2027-12-31	UGI Common Stock (33000)	33000	Direct
Options (Right to Buy)	$53.35	2028-12-31	UGI Common Stock (25880)	25880	Direct
Options (Right to Buy)	$45.16	2029-12-31	UGI Common Stock (42580)	42580	Direct
Options (Right to Buy)	$34.96	2030-12-31	UGI Common Stock (22070)	22070	Direct
Options (Right to Buy)	$45.91	2031-12-31	UGI Common Stock (14180)	14180	Direct
Options (Right to Buy)	$41.45	2033-01-11	UGI Common Stock (19270)	19270	Direct
Options (Right to Buy)	$24.60	2033-12-31	UGI Common Stock (35660)	35660	Direct
Performance Units	$0	2025-12-31	UGI Common Stock (2110)	2110	Direct
Performance Units	$0	2026-12-31	UGI Common Stock (3310)	3310	Direct
Performance Units	$0	2026-09-30	UGI Common Stock (4070)	4070	Direct
Performance Units	$0	2027-12-31	UGI Common Stock (7156)	7156	Direct
Stock Units	$		UGI Common Stock (4390)	4390	Direct
Stock Units	$		UGI Common Stock (6100)	6100	Direct
Stock Units	$		UGI Common Stock (10627)	10627	Direct

Footnotes

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.