Enterprise Products (NYSE: EPD) director gets 2,560-unit equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enterprise Products Partners L.P. director John R. Rutherford received an award of 2,560 common units representing limited partnership interests on February 10, 2026, at a price of $0, as compensation for his service on the general partner’s board.
After this grant, he directly holds 176,146 common units. Additional common units are held in separate trusts for the benefit of one or more of his children, with the filing stating that he disclaims beneficial ownership of those trust-held units except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Rutherford John R
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 | -- | -- | -- |
| holding | Common Units Representing Limited Partnership Interests | -- | -- | -- |
| holding | Common Units Representing Limited Partnership Interests | -- | -- | -- |
Holdings After Transaction:
Common Units Representing Limited Partnership Interests — 176,146 shares (Direct);
Common Units Representing Limited Partnership Interests — 3,334 shares (Indirect, By Trust)
Footnotes (1)
- These common units were acquired from the issuer as compensation for service as a director of its general partner. These common units are held in trust for the benefit of one or more of the reporting person's children. The reporting person disclaims beneficial ownership of such common units, except to the extent of his pecuniary interest therein (if any). The power of attorney under which this form was signed is on file with the Commission.
FAQ
What insider transaction did EPD director John R. Rutherford report?
John R. Rutherford reported receiving 2,560 common units of Enterprise Products Partners L.P. as a grant. The units were awarded at $0 as compensation for his service as a director of the partnership’s general partner, according to the Form 4 filing.
How many EPD common units does John R. Rutherford hold directly after this Form 4?
Following the reported grant, John R. Rutherford directly holds 176,146 common units of Enterprise Products Partners L.P. This figure reflects his beneficial ownership after the 2,560-unit award disclosed in the Form 4 dated February 10, 2026.
What is the nature of the 2,560 EPD units reported in Rutherford’s Form 4?
The 2,560 common units were acquired from Enterprise Products Partners L.P. as compensation for service as a director of its general partner. The transaction is coded as an acquisition (A) under Rule 16b-3(d), indicating a board-related equity award.
Are any of John R. Rutherford’s EPD units held indirectly through trusts?
Yes. The Form 4 shows additional common units held indirectly in trusts for the benefit of one or more of his children. Rutherford disclaims beneficial ownership of these trust-held units except to the extent of any pecuniary interest he may have in them.
Does the Form 4 indicate Rutherford bought EPD units on the open market?
No. The Form 4 describes an acquisition of 2,560 common units from the issuer as director compensation, at a reported price of $0. The transaction is a grant under Rule 16b-3(d), not an open-market purchase of Enterprise Products Partners L.P. units.
What does the Form 4 say about Rutherford’s beneficial ownership of trust-held EPD units?
The filing states that common units held in trusts are for the benefit of one or more of Rutherford’s children. It further explains he disclaims beneficial ownership of those units, except to the extent of his pecuniary interest, if any, in the trusts.