UGI Corp Reports Director Changes and Compensation Updates
Ticker: UGI · Form: 8-K · Filed: Oct 15, 2024 · CIK: 884614
| Field | Detail |
|---|---|
| Company | Ugi CORP /Pa/ (UGI) |
| Form Type | 8-K |
| Filed Date | Oct 15, 2024 |
| Risk Level | low |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $1,150,000, $300,000, $5,112,500 |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, executive-compensation, board-changes
Related Tickers: UGI
TL;DR
UGI board shakeup and exec pay changes filed. Watch for details.
AI Summary
UGI Corporation announced on October 15, 2024, changes related to its board of directors and executive compensation. The filing details the departure of certain officers and directors, the election of new directors, and updates to compensatory arrangements for key executives. Specific financial figures or new appointments were not detailed in this initial 8-K filing.
Why It Matters
Changes in a company's board and executive compensation can signal shifts in strategy, governance, or financial outlook, impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing primarily reports routine corporate governance changes and does not disclose significant financial events or new risks.
Key Players & Entities
- UGI Corporation (company) — Registrant
- Pennsylvania (location) — State of Incorporation
- October 15, 2024 (date) — Date of Report
FAQ
What specific roles have been affected by the departure of officers or directors?
The filing indicates the departure of certain officers and directors but does not specify the exact roles in this document.
Who are the newly elected directors?
The filing states that directors have been elected but does not name them in this initial report.
What are the details of the updated compensatory arrangements?
The filing mentions updates to compensatory arrangements for certain officers but does not provide specific details within this document.
When was UGI Corporation incorporated?
UGI Corporation was incorporated in Pennsylvania.
What is UGI Corporation's principal executive office address?
UGI Corporation's principal executive office is located at 500 North Gulph Road, King of Prussia, PA 19406.
Filing Stats: 1,536 words · 6 min read · ~5 pages · Grade level 11.4 · Accepted 2024-10-15 09:06:04
Key Financial Figures
- $1,150,000 — n will receive an annual base salary of $1,150,000 and a one-time cash sign-on bonus of $3
- $300,000 — 00 and a one-time cash sign-on bonus of $300,000. In addition, Mr. Flexon will participa
- $5,112,500 — employment, with an aggregate value of $5,112,500. Such award will consist of the followi
Filing Documents
- ugi-20241015x8k.htm (8-K) — 45KB
- ugi-20241015xex99d1.htm (EX-99.1) — 14KB
- ugi-20241015xex99d1001.jpg (GRAPHIC) — 1KB
- ugi-20241015xex99d1002.jpg (GRAPHIC) — 14KB
- 0001558370-24-013284.txt ( ) — 209KB
- ugi-20241015.xsd (EX-101.SCH) — 4KB
- ugi-20241015_def.xml (EX-101.DEF) — 3KB
- ugi-20241015_lab.xml (EX-101.LAB) — 16KB
- ugi-20241015_pre.xml (EX-101.PRE) — 11KB
- ugi-20241015x8k_htm.xml (XML) — 5KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit Number: Description 99.1 Press Release of UGI Corporation dated October 15, 2024. 104 Cover Page Interactive Data File (formatted as inline XBRL).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. UGI Corporation October 15, 2024 By: /s/ Jessica A. Milner Name: Jessica A. Milner Title: Vice President, Deputy General Counsel and Secretary