Weitzel Harry 4
4 · ENTERPRISE PRODUCTS PARTNERS L.P. · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
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.
Insider Transaction Report
- Award
Phantom Units
[F1][F6][F7]2026-02-10+83,000→ 83,000 total→ Common Units (83,000 underlying)
- 260,537
Common Units Representing Limited Partnership Interests
- 21,875
Phantom Units
[F1][F2]→ Common Units (21,875 underlying) - 47,500
Phantom Units
[F1][F3]→ Common Units (47,500 underlying) - 72,750
Phantom Units
[F1][F4]→ Common Units (72,750 underlying) - 82,000
Phantom Units
[F1][F5]→ Common Units (82,000 underlying)
Footnotes (7)
- [F1]Each phantom unit is the economic equivalent of one EPD common unit.
- [F2]These phantom units vest in one remaining annual installment on February 16, 2026. The remaining annual installment will expire upon vesting and settlement thereof in exchange for an equal number of EPD common units.
- [F3]These phantom units vest in two remaining equal annual installments beginning on February 16, 2026. Each remaining annual installment will expire upon vesting and settlement thereof in exchange for an equal number of EPD common units.
- [F4]These phantom units vest in three remaining equal annual installments beginning on February 16, 2026. Each remaining annual installment will expire upon vesting and settlement thereof in exchange for an equal number of EPD common units.
- [F5]These phantom units vest in four equal annual installments beginning on February 16, 2026. Each annual installment will expire upon vesting and settlement thereof in exchange for an equal number of EPD common units.
- [F6]These phantom units vest in four equal annual installments beginning on February 16, 2027. Each annual installment will expire upon vesting and settlement thereof in exchange for an equal number of EPD common units.
- [F7]The power of attorney under which this form was signed is on file with the Commission.