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Enterprise Products Partners (NYSE: EPD) director gets 2,560 units as board pay

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Enterprise Products Partners L.P. director Rebecca G. Followill reported an equity award of 2,560 common units representing limited partnership interests on February 10, 2026. The units were acquired from the issuer as compensation for her service as a director of its general partner under Rule 16b-3(d).

After this award, she directly beneficially owns 13,448 common units. In addition, 1,200 common units are held indirectly for the benefit of her mother-in-law; she disclaims beneficial ownership of those indirect units except to the extent of any pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider Followill Rebecca G.
Role Director
Type Security Shares Price Value
Grant/Award Common Units Representing Limited Partnership Interests 2,560 $0.00 --
holding Common Units Representing Limited Partnership Interests -- -- --
Holdings After Transaction: Common Units Representing Limited Partnership Interests — 13,448 shares (Direct); Common Units Representing Limited Partnership Interests — 1,200 shares (Indirect, By Mother-in-Law)
Footnotes (1)
  1. These common units were acquired from the issuer as compensation for service as a director of its general partner. Includes common units acquired in the issuer's distribution reinvestment plan. These common units are held for the benefit of the specified member of the reporting person's immediate family. The reporting person disclaims beneficial ownership of these common units, except to the extent of her pecuniary interest, if any. The power of attorney under which this form was signed is on file with the Commission.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Followill Rebecca G.

(Last) (First) (Middle)
1100 LOUISIANA STREET
SUITE 1000

(Street)
HOUSTON TX 77002

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ENTERPRISE PRODUCTS PARTNERS L.P. [ EPD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/10/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Units Representing Limited Partnership Interests 02/10/2026 A(1) 2,560 A $0 13,448(2) D
Common Units Representing Limited Partnership Interests 1,200 I By Mother-in-Law(3)(4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. These common units were acquired from the issuer as compensation for service as a director of its general partner.
2. Includes common units acquired in the issuer's distribution reinvestment plan.
3. These common units are held for the benefit of the specified member of the reporting person's immediate family. The reporting person disclaims beneficial ownership of these common units, except to the extent of her pecuniary interest, if any.
4. The power of attorney under which this form was signed is on file with the Commission.
Remarks:
Transaction Code A - Grant, award or other acquisition pursuant to Rule 16b-3(d)
/s/Jennifer W. Dickson, Attorney-in-Fact on behalf of Rebecca G. Followill 02/10/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did EPD director Rebecca Followill report in this Form 4 filing?

Rebecca G. Followill reported receiving 2,560 Enterprise Products Partners common units as director compensation. The units were granted by the issuer under Rule 16b-3(d), increasing her directly beneficially owned position to 13,448 common units following the reported transaction.

How many EPD units does Rebecca Followill own after the reported transaction?

After the transaction, she directly beneficially owns 13,448 Enterprise Products Partners common units. The Form 4 also shows 1,200 units held indirectly for the benefit of her mother-in-law, for which she disclaims beneficial ownership except for any pecuniary interest.

What was the price of the EPD units granted to Rebecca Followill?

The 2,560 Enterprise Products Partners common units were acquired at a price of $0 per unit. They were received as compensation for her service as a director of the partnership’s general partner, rather than purchased in the open market.

Why did Rebecca Followill receive 2,560 EPD common units?

She received the 2,560 Enterprise Products Partners common units as compensation for serving as a director of the issuer’s general partner. The filing notes this grant as an acquisition under Rule 16b-3(d) related to director service compensation.

How are the EPD units held for Rebecca Followill’s mother-in-law treated?

The Form 4 shows 1,200 Enterprise Products Partners common units held indirectly for her mother-in-law. The filing states these units are for the benefit of that family member and that Followill disclaims beneficial ownership except to the extent of her pecuniary interest, if any.

Does this EPD Form 4 indicate any derivative securities for Rebecca Followill?

No derivative securities are listed for Rebecca G. Followill in the provided Form 4 excerpt. Table II for derivative securities is present structurally but contains no disclosed derivative positions or transactions in the available content.