Enterprise Products EVP reports 135,524 EPD units ownership
Enterprise Products Partners L.P. executive vice president and chief commercial officer Michael C. Hanley reported his ownership of the company’s equity.
Rhea-AI Filing Summary
Enterprise Products Partners L.P. executive vice president and chief commercial officer Michael C. Hanley reported his ownership of the company’s equity. He directly holds 135,524.5122 common units representing limited partnership interests.
He also holds several grants of phantom units, each economically equivalent to one EPD common unit. These include 8,750 phantom units that vest in one remaining annual installment on February 16, 2026, and additional grants of 20,000, 28,125 and 32,500 phantom units that vest in multiple equal annual installments beginning on February 16, 2026, with each installment settling in an equal number of common units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Phantom Units | -- | -- | -- |
| holding | Phantom Units | -- | -- | -- |
| holding | Phantom Units | -- | -- | -- |
| holding | Phantom Units | -- | -- | -- |
| holding | Common Units Representing Limited Partnership Interests | -- | -- | -- |
Footnotes (6)
- F1. These phantom units vest in one remaining annual installment on February 16, 2026. The remaining annual installment will expire upon vesting and settlement thereof in exchange for an equal number of EPD common units.
- F2. Each phantom unit is the economic equivalent of one EPD common unit.
- F3. These phantom units vest in two remaining equal annual installments beginning on February 16, 2026. Each remaining annual installment will expire upon vesting and settlement thereof in exchange for an equal number of EPD common units.
- F4. These phantom units vest in three remaining equal annual installments beginning on February 16, 2026. Each remaining annual installment will expire upon vesting and settlement thereof in exchange for an equal number of EPD common units.
- F5. These phantom units vest in four equal annual installments beginning on February 16, 2026. Each annual installment will expire upon vesting and settlement thereof in exchange for an equal number of EPD common units.
- F6. The power of attorney under which this form was signed is attached.
FAQ
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What insider ownership did EPD executive Michael C. Hanley report?
What are the phantom units reported by the EPD executive?
How many phantom units vest in a single installment for the EPD executive?
How many additional phantom units does the EPD executive hold and how do they vest?
What is the relationship of the reporting person to Enterprise Products Partners (EPD)?
Who signed the ownership report for the EPD executive?
AI-generated analysis. How Rhea-AI works. Not financial advice.