Enterprise Products (NYSE: EPD) awards CFO 85,000 phantom units
Rhea-AI Filing Summary
Enterprise Products Partners L.P. executive Daniel Boss, Executive Vice President & CFO, received a grant of 85,000 phantom units on February 10, 2026. The award was made at a price of $0 under compensation rules for officers.
Each phantom unit is economically equivalent to one EPD common unit and the 85,000-unit grant vests in four equal annual installments beginning on February 16, 2027, settling in an equal number of common units. Following this transaction, Boss also holds 294,889 common units and previously granted phantom units in separate awards, all reported as directly owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Units | 85,000 | $0.00 | -- |
| holding | Phantom Units | -- | -- | -- |
| holding | Phantom Units | -- | -- | -- |
| holding | Phantom Units | -- | -- | -- |
| holding | Phantom Units | -- | -- | -- |
| holding | Common Units Representing Limited Partnership Interests | -- | -- | -- |
Footnotes (1)
- Includes common units acquired under the issuer's employee unit purchase plan. Each phantom unit is the economic equivalent of one EPD common unit. 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. 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. 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. 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. These phantom units vest in four equal annual installments beginning on February 16, 2027. Each annual installment will expire upon vesting and settlement thereof in exchange for an equal number of EPD common units. The power of attorney under which this form was signed is on file with the Commission.
FAQ
What did EPD disclose about CFO Daniel Boss in this Form 4 filing?
How many phantom units were granted to EPD CFO Daniel Boss and on what terms?
What are phantom units in the EPD Form 4 for Daniel Boss?
When do Daniel Boss’s newly granted EPD phantom units vest?
What EPD equity holdings does Daniel Boss report after this Form 4 transaction?
What transaction code is used in the EPD Form 4 for Daniel Boss’s award?