4Filed Aug 17, 8:00 PM ET

Icahn Enterprises CEO Ted Papapostolou Receives Award

$IEP · ICAHN ENTERPRISES L.P.

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Icahn Enterprises CEO Ted Papapostolou Receives Award

What Happened
Ted Papapostolou, President & CEO and a director of Icahn Enterprises L.P. (IEP), received a grant of 33,242 deferred depositary units on August 14, 2026. The transaction is reported as an award/grant (derivative) at $0.00 per unit, so no cash was exchanged at grant. The units are derivative awards that will convert to cash when settled under the award terms.

Key Details

  • Transaction date: 2026-08-14 (Form 4 filed 2026-08-18; filing was within the two-business-day window).
  • Security: 33,242 Deferred Depositary Units; reported price $0.00 (award/grant, code A).
  • Shares owned after transaction: Not stated in the provided filing excerpt.
  • Footnote summary: Units were granted under the Icahn Enterprises L.P. 2017 Long-Term Incentive Plan; each Deferred Depositary Unit equals one Depositary Unit; they vest in full on October 31, 2028 and are settled solely in cash per the award agreement.
  • No 10b5-1 plan, tax withholding, or immediate sale noted in this filing.

Context
This is a compensation award (not an open-market purchase or sale). Deferred depositary units are derivative, cash-settled awards — their ultimate value depends on the Issuer’s unit price at settlement/vesting. Awards are routine for executives and do not by themselves signal near-term buying or selling of the company’s units.