STOCK TITAN

Director at Enterprise Products (NYSE: EPD) receives 2,560 common units

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

Rhea-AI Filing Summary

Enterprise Products Partners L.P. director William C. Montgomery reported receiving 2,560 common units representing limited partnership interests on February 10, 2026. The units were acquired from the issuer as compensation for his service as a director of its general partner at a reported price of $0 per unit.

Following this grant, Montgomery beneficially owns 139,480 common units, held in direct ownership. The transaction was coded as an “A” transaction, indicating a grant, award, or other acquisition made pursuant to Rule 16b-3(d) under the securities regulations.

Positive

  • None.

Negative

  • None.
Insider Montgomery William C
Role Director
Type Security Shares Price Value
Grant/Award Common Units Representing Limited Partnership Interests 2,560 $0.00 --
Holdings After Transaction: Common Units Representing Limited Partnership Interests — 139,480 shares (Direct)
Footnotes (1)
  1. These common units were acquired from the issuer as compensation for service as a director of its general partner. 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*
Montgomery William C

(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 $0 139,480 D(2)
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. 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 William C. Montgomery 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 Enterprise Products Partners (EPD) report in this Form 4 filing?

Enterprise Products Partners reported that director William C. Montgomery received 2,560 common units on February 10, 2026 as equity compensation. These units were granted by the issuer and increased his directly held beneficial ownership to a total of 139,480 common units representing limited partnership interests.

How many Enterprise Products Partners (EPD) units did William C. Montgomery acquire?

William C. Montgomery acquired 2,560 common units representing limited partnership interests in Enterprise Products Partners. The filing classifies the transaction under code A, indicating a grant or award under Rule 16b-3(d), and reports the acquisition price as $0 per unit, reflecting compensation rather than a market purchase.

What is William C. Montgomery’s total beneficial ownership in EPD after this transaction?

After the reported grant, William C. Montgomery beneficially owns 139,480 common units of Enterprise Products Partners. The Form 4 states that this ownership is held directly, meaning the units are attributed to him personally rather than through an intermediary entity such as a trust or partnership.

Why were the 2,560 Enterprise Products Partners units granted to William C. Montgomery?

The 2,560 common units were granted as compensation for Montgomery’s service as a director of Enterprise Products Partners’ general partner. This indicates the equity award is part of his director compensation package, rather than a voluntary open-market purchase of partnership units.

What does transaction code “A” mean in this EPD Form 4 filing?

Transaction code “A” in this Form 4 denotes a grant, award, or other acquisition of securities. The remarks specify that the acquisition was made pursuant to Rule 16b-3(d), which generally covers issuer-approved equity compensation awards to insiders such as directors or officers.

Is William C. Montgomery considered an insider of Enterprise Products Partners (EPD)?

Yes. The filing identifies William C. Montgomery as a director of Enterprise Products Partners’ general partner. As a director, he is considered an insider under Section 16 rules, which is why his acquisition of 2,560 common units must be reported on Form 4.