Sunoco LP director granted 2,436 units as equity award
Sunoco LP director Barron Bradley C reported an award of 2,436 common units on January 2, 2026.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Sunoco LP director Barron Bradley C reported an award of 2,436 common units on January 2, 2026. The units were granted at a price of $0, reflecting a compensation grant rather than a market purchase. Following this award, Bradley beneficially owned 24,640 common units directly.
The grant represents restricted phantom units under the Sunoco LP 2018 Long Term Incentive Plan. These units are scheduled to vest 60% on January 2, 2029 and 40% on January 2, 2031, generally contingent on his continued service on the board of directors through each vesting date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Units | 2,436 | $0.00 | $0.00 |
Footnotes (1)
- F1. Grant of restricted phantom units awarded under the terms of the Sunoco LP 2018 Long Term Incentive Plan, as amended, that will vest 60% on 01/02/2029 and 40% on 01/02/2031 generally contingent upon the reporting person's continued service on the board of directors on each applicable vesting date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Sunoco LP (SUN) report for Barron Bradley C?
Sunoco LP reported that director Barron Bradley C received an award of 2,436 common units on January 2, 2026, recorded as an acquisition at a price of $0 per unit.
How many Sunoco LP (SUN) units does Barron Bradley C own after this transaction?
After the reported grant, Barron Bradley C beneficially owned 24,640 common units of Sunoco LP directly.
What type of equity award did the Sunoco LP (SUN) director receive?
The director received restricted phantom units granted under the Sunoco LP 2018 Long Term Incentive Plan, as amended, which are tied to the value of common units.
When do the restricted phantom units for the Sunoco LP (SUN) director vest?
The restricted phantom units are scheduled to vest 60% on January 2, 2029 and 40% on January 2, 2031, generally contingent on his continued service on the board.
Is the Sunoco LP (SUN) director’s equity award contingent on continued board service?
Yes. Vesting of the restricted phantom units is generally contingent on the reporting person’s continued service on the board of directors on each applicable vesting date.
Was this Sunoco LP (SUN) insider transaction a purchase on the open market?
No. The filing describes the transaction as a grant of restricted phantom units at $0 per unit, indicating a compensation award rather than an open-market purchase.
AI-generated analysis. How Rhea-AI works. Not financial advice.