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Get filing alertsUGI consolidates executive bonus plans into single incentive structure effective Oct 2026
Filed August 10, 2026 · Period ending August 4, 2026 · ~1 min read
Key Changes
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Compensation Committee approved new Executive Short-Term Incentive Bonus Plan effective October 1, 2026, consolidating four separate bonus plans across UGI and subsidiaries into unified structure
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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Plan provides bonuses as percentage of base salary to selected senior employees based on annual performance goals and service criteria, with provisions for retirement, disability, involuntary termination, or change in control
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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All Section 16 executive officers participate in the new plan, ensuring consistent incentive compensation across senior leadership
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
Summary
UGI's Compensation Committee approved a new Executive Short-Term Incentive Bonus Plan that consolidates four separate bonus programs across the company and its subsidiaries into a single unified structure. The plan takes effect October 1, 2026, and replaces the UGI Corporation Executive Annual Bonus Plan, AmeriGas Executive Annual Bonus Plan, UGI Utilities Executive Annual Bonus Plan, and other subsidiary bonus arrangements. The consolidation streamlines executive compensation administration while maintaining performance-based incentives tied to annual goals and service requirements.
All Section 16 officers participate, with bonuses calculated as a percentage of base salary. The plan includes standard provisions for retirement, disability, involuntary termination without cause, and change-in-control scenarios. This is a routine governance matter with no immediate red flags—the company is simplifying its compensation structure rather than materially changing incentive levels or performance criteria.
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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 11, 2026 · How we verify