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Energy Transfer LP (ET) director Steven R. Anderson reports unit award and holdings

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

Rhea-AI Filing Summary

Energy Transfer LP director reports equity award and updated holdings. Director status holder Steven R. Anderson reported receiving 7,423 Energy Transfer LP common units on 01/02/2026 at a price of $0, increasing his directly held common units to 83,303. A prior transaction with code G on 12/29/2025 involved 10 common units at $0. In addition, he is listed as indirectly owning 1,544,558 common units through the Steven R. Anderson Revocable Trust.

The filing notes an award of restricted units granted under the Amended and Restated Energy Transfer LP Long-Term Incentive Plan, scheduled to vest 60% on January 2, 2029 and 40% on January 2, 2031, generally contingent on his continued service on the board of the general partner on each vesting date.

Positive

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Insider Anderson Steven R.
Role Director
Type Security Shares Price Value
Grant/Award Common Units 7,423 $0.00 --
holding Common Units -- -- --
Gift Common Units 10 $0.00 --
Holdings After Transaction: Common Units — 83,303 shares (Direct); Common Units — 1,544,558 shares (Indirect, By: Steven R. Anderson Revocable Trust)
Footnotes (1)
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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*
Anderson Steven R.

(Last) (First) (Middle)
PO BOX 4210

(Street)
HORSESHOE BAY TX 78657

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Energy Transfer LP [ ET ]
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)
01/02/2026
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 12/29/2025 G 10 A $0 75,880 D
Common Units 01/02/2026 A 7,423 A $0 83,303(1) D
Common Units 1,544,558 I By: Steven R. Anderson Revocable Trust
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. An award of restricted units granted under the Amended and Restated Energy Transfer LP Long-Term Incentive Plan scheduled to vest 60% on January 2, 2029 and 40% on January 2, 2031, generally contingent upon the reporting person's continued service on the Board of the general partner of the Partnership on each applicable vesting date.
Peggy J. Harrison, Attorney-in-Fact for Mr. Anderson 01/06/2026
** 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 Energy Transfer LP (ET) report for Steven R. Anderson?

The filing reports that Steven R. Anderson acquired 7,423 Energy Transfer LP common units on 01/02/2026 at a price of $0, updating his reported holdings.

How many Energy Transfer LP (ET) common units does Steven R. Anderson now hold directly and indirectly?

After the reported transactions, Steven R. Anderson directly holds 83,303 common units and indirectly holds 1,544,558 common units through the Steven R. Anderson Revocable Trust.

What was the transaction on 12/29/2025 reported in the Energy Transfer LP (ET) Form 4?

On 12/29/2025, a transaction with code G involved 10 common units at a reported price of $0, affecting Steven R. Anderson’s holdings.

What are the terms of the restricted unit award reported for Energy Transfer LP (ET)?

The restricted unit award is under the Amended and Restated Energy Transfer LP Long-Term Incentive Plan and is scheduled to vest 60% on January 2, 2029 and 40% on January 2, 2031, generally contingent on Steven R. Anderson’s continued service on the board of the general partner on each vesting date.

What is Steven R. Anderson’s relationship to Energy Transfer LP (ET)?

The filing identifies Steven R. Anderson as a Director of Energy Transfer LP, as indicated in the relationship section of the report.

Is the reported Form 4 for Energy Transfer LP (ET) filed by one or multiple reporting persons?

The report is marked as Form filed by One Reporting Person, indicating it covers transactions for a single insider, Steven R. Anderson.