Sunoco (SUN) EVP granted 20,000 restricted phantom common units

Rhea-AI Filing Summary

Hand Brian A reported acquisition or exercise transactions in this Form 4 filing.

Sunoco LP EVP-Chief Sales Officer Brian A. Hand received a grant of 20,000 common units as a one-time restricted phantom unit award. The grant, issued at no cash cost to him, is part of the Sunoco LP 2018 Long-Term Incentive Plan. It will vest 60% on December 5, 2028 and 40% on December 5, 2030, generally contingent on his continued employment through each date. Following this award, he directly holds 190,914 common units.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Hand Brian A

Role EVP-Chief Sales Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Units	20,000	$0.00	--

Holdings After Transaction: Common Units — 190,914 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Units granted: 20,000 common units Grant price: $0.00 per unit Holdings after transaction: 190,914 common units +2 more

5 metrics

Units granted 20,000 common units Grant of restricted phantom units to EVP on June 25, 2026

Grant price $0.00 per unit Compensation award, not open-market purchase

Holdings after transaction 190,914 common units Direct ownership following the award

First vesting tranche 60% of award Vests on December 5, 2028, employment contingent

Second vesting tranche 40% of award Vests on December 5, 2030, employment contingent

Key Terms

restricted phantom units, Sunoco LP 2018 Long-Term Incentive Plan, vesting, EVP-Chief Sales Officer

4 terms

restricted phantom units financial

"A special one-time award of restricted phantom units granted in recognition of the reporting person's performance and contributions"

Sunoco LP 2018 Long-Term Incentive Plan financial

"awarded under the Sunoco LP 2018 Long-Term Incentive Plan, as amended"

vesting financial

"The award shall vest 60% on December 5, 2028, and 40% on December 5, 2030"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

EVP-Chief Sales Officer financial

"officer_title": "EVP-Chief Sales Officer""

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/26/2026 - 05:01 PM Accepted by SEC EDGAR 06/26/2026 - 05:00 PM Learn about SEC filing dates

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^*

Hand Brian A

(Last) (First) (Middle)

8111 WESTCHESTER DRIVE

STE 400

(Street)

DALLAS TEXAS 75225

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Sunoco LP [ SUN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP-Chief Sales Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/25/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	06/25/2026		A		20,000(1)	A	$0	190,914	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

Explanation of Responses:

1. A special one-time award of restricted phantom units granted in recognition of the reporting person's performance and contributions, awarded under the Sunoco LP 2018 Long-Term Incentive Plan, as amended. The award shall vest 60% on December 5, 2028, and 40% on December 5, 2030, generally contingent upon the reporting person's continued employment through each applicable vesting date.

	Peggy J. Harrison, Attorney-in-fact for Mr. Hand	06/26/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Sunoco LP EVP Brian A. Hand acquire in this Form 4 filing for SUN?

Brian A. Hand received 20,000 common units through a special one-time restricted phantom unit award. The units were granted at no purchase price as part of Sunoco LP’s 2018 Long-Term Incentive Plan, reflecting compensation rather than open-market buying activity.

How and when will Brian A. Hand’s 20,000 Sunoco LP units vest?

The 20,000 restricted phantom units vest in two stages over several years. Sixty percent vests on December 5, 2028 and the remaining forty percent vests on December 5, 2030, generally conditioned on his continued employment through each vesting date.

Is Brian A. Hand’s Sunoco LP Form 4 transaction an open-market purchase or sale?

The transaction is not an open-market trade; it is a grant coded “A” for grant, award, or other acquisition. He acquired 20,000 restricted phantom units at a stated price of $0.00 per unit as part of long-term incentive compensation.

How many Sunoco LP common units does Brian A. Hand hold after this award?

After the grant of 20,000 restricted phantom units, Brian A. Hand’s direct holdings total 190,914 common units. This figure reflects his position following the reported acquisition and provides context for the size of the new compensation-based award.

Under which plan was Brian A. Hand’s Sunoco LP phantom unit award granted?

The special one-time award was granted under the Sunoco LP 2018 Long-Term Incentive Plan, as amended. This plan is used to deliver long-term equity-based compensation, including restricted phantom units that typically vest over multi-year service periods.

What performance or service conditions apply to Brian A. Hand’s Sunoco LP award?

The award’s vesting is generally contingent on Brian A. Hand’s continued employment through each specified vesting date. The footnote emphasizes that 60% vests in 2028 and 40% in 2030, aligning the compensation with long-term service at Sunoco LP.