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Enterprise Products (NYSE: EPD) EVP granted 83,000 phantom units

Filing Impact
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Filing Sentiment
(Neutral)
Form Type
4

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.

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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*
Weitzel Harry

(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
X Officer (give title below) Other (specify below)
EVP, GENERAL COUNSEL & SEC
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 260,537 D
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
Phantom Units (1) (2) (2) Common Units 21,875 21,875 D
Phantom Units (1) (3) (3) Common Units 47,500 47,500 D
Phantom Units (1) (4) (4) Common Units 72,750 72,750 D
Phantom Units (1) (5) (5) Common Units 82,000 82,000 D
Phantom Units (1) 02/10/2026 A 83,000 (6) (6) Common Units 83,000 $0 83,000 D(7)
Explanation of Responses:
1. Each phantom unit is the economic equivalent of one EPD common unit.
2. 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.
3. 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.
4. 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.
5. 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.
6. 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.
7. 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 Harry P. Weitzel 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 EVP Harry Weitzel report on this Form 4?

Harry Weitzel reported receiving a grant of 83,000 phantom units in Enterprise Products Partners on February 10, 2026. The award was coded as Transaction Code A, indicating a grant, award or other acquisition pursuant to Rule 16b-3(d).

How many Enterprise Products Partners (EPD) phantom units were granted and at what price?

The filing shows a grant of 83,000 phantom units to Harry Weitzel at a price of $0 per unit. Each phantom unit is described as the economic equivalent of one EPD common unit, to be settled in common units upon vesting.

What are EPD phantom units and how are they settled for Harry Weitzel?

EPD phantom units are described as the economic equivalent of one EPD common unit. For the reported grants, each phantom unit will expire upon vesting and be settled in an equal number of EPD common units, effectively delivering common units instead of cash.

What is the vesting schedule for Harry Weitzel’s 83,000 newly granted phantom units at EPD?

The 83,000 newly granted phantom units vest in four equal annual installments beginning on February 16, 2027. Each annual installment will expire upon vesting and settlement, with Weitzel receiving an equal number of Enterprise Products Partners common units each year.

What other phantom unit awards for EPD does the Form 4 indicate for Harry Weitzel?

The Form 4 lists several existing phantom unit awards with remaining installments that vest annually beginning on February 16, 2026, in one, two, three, or four equal installments. Each installment is scheduled to be settled in an equal number of Enterprise Products Partners common units upon vesting.

How many Enterprise Products Partners (EPD) common units does Harry Weitzel directly own?

The filing reports that Harry Weitzel directly owns 260,537 common units representing limited partnership interests in Enterprise Products Partners. This common unit position is separate from his phantom unit awards, which will be settled in additional common units as they vest.

What roles does Harry Weitzel hold at Enterprise Products Partners (EPD) according to this Form 4?

According to the filing, Harry Weitzel serves as both a Director and an Officer of Enterprise Products Partners, with the officer title listed as EVP, General Counsel & SEC. The form indicates he is not a 10% owner of the issuer.
Enterprise Prods Partners L P

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