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Director at SunocoCorp (SUNC) receives restricted phantom unit grants

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

Rhea-AI Filing Summary

SunocoCorp LLC director Brannon Richard D reported two equity awards of common units. On March 6, 2026, he acquired 2,500 and 2,436 restricted phantom units at a stated price of $0.0000 per unit under the SunocoCorp LLC Long Term Incentive Plan.

The first grant will vest 60% on October 31, 2028 and 40% on October 31, 2030. The second grant will vest 60% on January 2, 2029 and 40% on January 2, 2031, in each case generally contingent on his continued service on the board on the applicable vesting dates.

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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*
Brannon Richard D

(Last) (First) (Middle)
6000 WESTERN PLACE, SUITE 1000

(Street)
FORT WORTH TX 76107

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SunocoCorp LLC [ SUNC ]
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)
03/06/2026
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 03/06/2026 A 2,500(1) A $0 2,500 D
Common Units 03/06/2026 A 2,436(2) A $0 4,936 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. Grant of restricted phantom units awarded under the terms of the SunocoCorp LLC Long Term Incentive Plan that will vest 60% on 10/31/2028 and 40% on 10/31/2030 generally contingent upon the reporting person's continued service on the board of directors on each applicable vesting date.
2. Grant of restricted phantom units awarded under the terms of the SunocoCorp LLC Long Term Incentive Plan 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.
/s/ Peggy J. Harrison, Attorney-in-Fact for Mr. Brannon 03/06/2026
** 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 SunocoCorp (SUNC) disclose for Brannon Richard D?

SunocoCorp reported that director Brannon Richard D received two grants of restricted phantom units representing common units on March 6, 2026. The awards total 2,500 and 2,436 units, granted at a stated price of $0.0000 per unit under the company’s Long Term Incentive Plan.

How many restricted phantom units were granted to the SunocoCorp (SUNC) director?

The director received two separate awards of restricted phantom units: one for 2,500 units and another for 2,436 units. These awards are tied to common units and were issued under the SunocoCorp LLC Long Term Incentive Plan at a reported price of $0.0000 per unit.

When do the SunocoCorp (SUNC) restricted phantom units granted to the director vest?

One grant vests 60% on October 31, 2028 and 40% on October 31, 2030. The second grant vests 60% on January 2, 2029 and 40% on January 2, 2031, with vesting generally contingent on the director’s continued board service on those dates.

What conditions apply to the SunocoCorp (SUNC) director’s phantom unit awards?

The phantom unit awards generally require the director to remain on the SunocoCorp LLC board through each vesting date. Vesting occurs in two tranches per grant, with 60% vesting on the first date and 40% on the second, according to the Long Term Incentive Plan terms.

Are the SunocoCorp (SUNC) director’s phantom unit grants open-market purchases or compensation awards?

The transactions are compensation awards, not open-market purchases. They are reported with code A as grants or awards of restricted phantom units under the SunocoCorp LLC Long Term Incentive Plan, each at a stated transaction price of $0.0000 per unit.
SunocoCorp LLC

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