BACHMANN RICHARD H 4

What Happened Richard Bachmann, a director of Enterprise Products Partners L.P. (EPD), received a grant of 350,000 phantom units on February 10, 2026. The grant is reported at $0.00 purchase price (an award/derivative grant rather than a cash purchase or sale). These phantom units are the economic equivalent of EPD common units and will be settled in common units upon vesting.

Key Details

• Transaction date: 2026-02-10; Transaction code: A (grant/award under Rule 16b-3(d)).
• Amount granted: 350,000 phantom units; reported acquisition price: $0.00 (award).
• Footnotes: F2 notes each phantom unit equals one EPD common unit. F3–F7 indicate vesting installments, including one remaining annual installment vesting on Feb 16, 2026 and additional annual vesting through Feb 16, 2030.
• Shares owned after the transaction: not specified in this filing.
• Filing timeliness: Period of report and filing date are both 2026-02-10 (filed timely).

Context Phantom units are a form of deferred/phantom equity that track the economic value of common units and convert to actual units upon vesting and settlement; they are not immediate open-market purchases or sales. This grant is informational about compensation and future potential ownership but does not represent an immediate buy or sell in the market.