[Form 4] SunocoCorp LLC Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SunocoCorp LLC director Jennings Michael reported two equity awards of Common Unit-based incentives. On the stated transaction date, he acquired 2,500 and 2,436 restricted phantom units under the SunocoCorp LLC Long Term Incentive Plan at a price of $0.00 per unit.
The first grant will vest 60% on 10/31/2028 and 40% on 10/31/2030, while the second will vest 60% on 01/02/2029 and 40% on 01/02/2031, generally contingent on his continued service on the board through each vesting date. These awards increase his directly held Common Unit-related interests as part of his long-term compensation, rather than reflecting any open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Jennings Michael
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Units | 2,500 | $0.00 | -- |
| Grant/Award | Common Units | 2,436 | $0.00 | -- |
Holdings After Transaction:
Common Units — 11,090 shares (Direct)
Footnotes (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. 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.