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EPD (NYSE: EPD) director James T. Hackett receives 2,560-unit equity grant

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

Rhea-AI Filing Summary

Enterprise Products Partners L.P. director James T. Hackett reported an award of 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 and were recorded at a price of $0 per unit, reflecting their nature as an equity grant rather than an open‑market purchase.

Following this grant, Hackett directly beneficially owns 266,155 common units. In addition, he reports indirect beneficial ownership of 4,911 and 5,304 common units held by trusts, and 34,897 common units held by Hackett 2010 Investment, LP. The filing reflects ongoing equity-based compensation and lists his status as a director of the issuer’s general partner.

Positive

  • None.

Negative

  • None.
Insider HACKETT JAMES T
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 — 266,155 shares (Direct); Common Units Representing Limited Partnership Interests — 4,911 shares (Indirect, By Trust)
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*
HACKETT JAMES T

(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 $0 266,155 D
Common Units Representing Limited Partnership Interests 4,911 I By Trust
Common Units Representing Limited Partnership Interests 5,304 I By Trust
Common Units Representing Limited Partnership Interests 34,897 I By Hackett 2010 Investment, LP(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 James T. Hackett 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 insider transaction did EPD director James T. Hackett report?

James T. Hackett reported receiving an award of 2,560 Enterprise Products Partners common units on February 10, 2026. The units were granted as compensation for his service as a director of the partnership’s general partner, rather than purchased in the open market.

At what price were the EPD units granted to James T. Hackett?

The 2,560 common units granted to James T. Hackett were reported at a price of $0 per unit. This reflects that the units were issued as director compensation, not bought in a cash transaction, consistent with typical equity-based awards for board service.

How many EPD units does James T. Hackett directly own after this transaction?

After the February 10, 2026 award, James T. Hackett directly beneficially owns 266,155 Enterprise Products Partners common units. This figure represents his direct holdings following the reported grant and is separate from additional units held indirectly through trusts and an investment partnership.

What indirect EPD holdings are reported for James T. Hackett on this Form 4?

The Form 4 lists indirect holdings of 4,911 and 5,304 common units held by trusts and 34,897 common units held by Hackett 2010 Investment, LP. These positions are reported as indirect beneficial ownership separate from his directly held 266,155 units.

Why did Enterprise Products Partners grant units to James T. Hackett?

The common units were granted to James T. Hackett as compensation for his service as a director of Enterprise Products Partners’ general partner. The filing’s footnote explains that the award came directly from the issuer and is classified as a Rule 16b-3 director compensation grant.

What does transaction code "A" mean in James T. Hackett’s EPD Form 4?

Transaction code “A” on the Form 4 indicates a grant, award, or other acquisition. The remarks clarify this award falls under Rule 16b-3(d), meaning the units were issued as equity compensation for board service rather than acquired through a market purchase.