Brannon Richard D 4

What Happened

• Richard D. Brannon, a director of SunocoCorp LLC (SUNC), was granted two awards of restricted phantom units on 2026-03-06: 2,500 units and 2,436 units (4,936 total). Each grant is reported at $0.00 (award/grant), so this was a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-06; Transaction code: A (award/grant); Reported price: $0.00.
• Grant breakdown and vesting:
  • 2,500 units: vest 60% on 10/31/2028 and 40% on 10/31/2030 (footnote F1).
  • 2,436 units: vest 60% on 01/02/2029 and 40% on 01/02/2031 (footnote F2).
• Shares/units owned after the transaction: not specified in the provided filing details.
• Filing timeliness: filing date matches the reported transaction date (2026-03-06), suggesting the Form 4 was filed promptly.
• These are restricted phantom units awarded under the SunocoCorp LLC Long Term Incentive Plan and are generally contingent on continued board service at each vesting date.

Context

• Restricted phantom units are a form of deferred compensation that typically convert to cash or stock per the plan terms at vesting; they do not represent an immediate open-market purchase or sale.
• Awards to directors are common as part of governance compensation and do not necessarily signal immediate trading intent.