Enterprise Products (EPD) General Counsel Harry Weitzel Receives Award

What Happened Harry Weitzel, EVP, General Counsel & Secretary and a director of Enterprise Products Partners L.P. (EPD), was granted 83,000 phantom units (a derivative award) on February 10, 2026. The grant is reported at $0.00 per unit (transaction code A — grant/award); phantom units are the economic equivalent of EPD common units and will convert into common units upon vesting and settlement.

Key Details

• Transaction date: 2026-02-10; 83,000 phantom units granted at $0.00 (derivative).
• Transaction code: A — Grant, award or other acquisition pursuant to Rule 16b-3(d).
• Shares owned after transaction: not specified in this Form 4 filing.
• Footnotes: F1 confirms each phantom unit equals one EPD common unit. Other footnotes indicate vesting/settlement will occur in scheduled annual installments beginning Feb 16, 2026 (see filing for exact installment schedules F2–F6). F7 notes the power of attorney used to sign the form is on file with the SEC.
• Filing timeliness: report filed on the same date as the transaction (no late filing indicated).

Context Phantom units are a form of compensation — they do not represent an immediate open-market purchase or sale. They typically vest over time and convert to actual units when vested, so this grant is primarily a compensation/retention event rather than a direct market sentiment indicator. For investors, purchases or open-market buys can be more directly informative; awards like this reflect company compensation practices.