Enterprise Products (NYSE: EPD) EVP granted 83,000 phantom units
Rhea-AI Filing Summary
Enterprise Products Partners EVP and General Counsel Harry Weitzel reported an equity-based compensation award. On February 10, 2026, he received a grant of 83,000 phantom units at a price of $0 per unit under Transaction Code A, which indicates a grant, award or other acquisition pursuant to Rule 16b-3(d).
Each phantom unit is the economic equivalent of one EPD common unit. These 83,000 phantom units vest in four equal annual installments beginning on February 16, 2027, with each installment settled in an equal number of EPD common units upon vesting. Separately, he directly holds 260,537 common units representing limited partnership interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Units | 83,000 | $0.00 | -- |
| holding | Phantom Units | -- | -- | -- |
| holding | Phantom Units | -- | -- | -- |
| holding | Phantom Units | -- | -- | -- |
| holding | Phantom Units | -- | -- | -- |
| holding | Common Units Representing Limited Partnership Interests | -- | -- | -- |
Footnotes (1)
- 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 insider transaction did EPD EVP Harry Weitzel report on this Form 4?
How many Enterprise Products Partners (EPD) phantom units were granted and at what price?
What are EPD phantom units and how are they settled for Harry Weitzel?
What is the vesting schedule for Harry Weitzel’s 83,000 newly granted phantom units at EPD?
What other phantom unit awards for EPD does the Form 4 indicate for Harry Weitzel?
How many Enterprise Products Partners (EPD) common units does Harry Weitzel directly own?
What roles does Harry Weitzel hold at Enterprise Products Partners (EPD) according to this Form 4?