Boss Daniel 4

What Happened

• Daniel Boss, Executive Vice President & Chief Financial Officer of Enterprise Products Partners L.P. (EPD), was granted 85,000 derivative units (reported as phantom units) on February 10, 2026. The award is reported at $0 cash paid (transaction code A — grant/award under Rule 16b-3(d)).
• These are derivative awards (not an open-market purchase). Each phantom unit is described in the filing as the economic equivalent of one EPD common unit and will convert to or be settled in EPD common units upon vesting.

Key Details

• Transaction date: 2026-02-10; reported acquisition price: $0 (award/grant).
• Reported instrument: 85,000 phantom units (derivative award).
• Shares owned after transaction: not specified in the excerpt provided.
• Relevant footnotes: F2 defines phantom units as economically equivalent to one common unit; F3–F7 describe various possible vesting schedules (remaining installments beginning Feb 16, 2026 or Feb 16, 2027, with 1–4 annual installments depending on grant); F1 notes inclusion of units from the employee unit purchase plan; F8 notes a power of attorney is on file.
• Filing timeliness: Reported period and filing date are both Feb 10, 2026 — no late filing indicated.

Context

• Phantom units are a common form of executive compensation: they track the economic value of common units and convert to (or are settled in) actual units when they vest. Because this is a grant, it reflects compensation alignment rather than an open-market buy or sell.
• The reported $0 cash price means no purchase occurred at filing; the economic value to the insider depends on EPD’s unit price at vesting/settlement.