---
schema_version: "secwatch.filing_event.v1"
accession: "0000884614-23-000048"
form_type: "8-K"
ticker: "UGI"
cik: "0000884614"
company_name: "UGI CORP /PA/"
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T11:23:24.016877+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# UGI Corp adopts proxy access bylaw allowing 3% holders to nominate directors

## Summary
- New bylaw Section 4.16 permits eligible shareholders owning ≥3% of common stock for ≥3 years to nominate directors.
- A group of up to 20 shareholders can aggregate holdings to meet the 3% threshold.
- Nominees can equal the greater of 2 directors or 20% of the board, subject to conditions.
- Amendments effective May 3, 2023; include non-substantive conforming changes.

## SEC filing metadata
- accession: 0000884614-23-000048
- form_type: 8-K
- ticker: UGI
- cik: 0000884614
- company_name: UGI CORP /PA/
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884614/000088461423000048/0000884614-23-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884614/000088461423000048/ugi-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000884614-23-000048
- JSON: https://secwatch.observer/filing/0000884614-23-000048.json
- Plain text: https://secwatch.observer/filing/0000884614-23-000048.txt

## Key facts
- Governance Changes
  UGI CORP /PA/: Adopted proxy access provisions in Article IV, Section 4.16 of the Bylaws, allowing eligible shareholders to nominate director candidates (effective 2023-05-03).
  - Change: bylaw amendment
  - Effective: 2023-05-03
  source text: On May 3, 2023, the Board of Directors (the “Board”) of UGI Corporation (the “Company”) approved and adopted amendments to the Company’s Amended and Restated Bylaws (as amended and restated, the “Bylaws”) to implement proxy access, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/884614/000088461423000048/0000884614-23-000048-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.