secwatch.observer — SEC 8-K summary
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Issuer:     United States Gasoline Fund, LP (UGA)
CIK:        0001396878
Form:       8-K
Filed at:   2026-03-27T23:59:59+00:00
Accession:  0002071876-26-000066
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UGA posts net loss of $3.9M for FY2025 vs net income of $5.6M in FY2024
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- Net loss of $3,921,792 ($1.17 per share) for year ended Dec 31, 2025; net income of $5,636,231 ($2.30 per share) in 2024.
- Total income (loss) of ($3,091,508) driven by realized and unrealized losses on NYMEX RBOB gasoline futures.
- Net asset value per share fell to $61.77 from $62.94; shares outstanding decreased to 1,250,000 from 1,600,000.
- Expenses declined to $830,284 from $1,022,806, but the fund's trading losses swung results to negative.
- Portfolio consisted of 1,072 NYMEX RBOB Feb 2026 futures contracts with notional value of $76.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1396878/000207187626000066/0002071876-26-000066-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1396878/000207187626000066/i26128_uga-8k.htm
  HTML page:      https://secwatch.observer/filing/0002071876-26-000066

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