Nelly Christian M. 4

What Happened
Nelly Christian M., Executive Vice President — Finance, Sustainability and Treasurer of Enterprise Products Partners L.P. (EPD), was granted 80,000 phantom units (a derivative award) on February 10, 2026. The grant shows an acquisition price of $0.00 (no cash paid). Each phantom unit is economically equivalent to one EPD common unit and may 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: 80,000 phantom units; Price reported: $0.00; reported value $0 (derivative award).
• Shares owned after transaction: Not specified in the provided filing.
• Notable footnotes: F2 confirms each phantom unit equals one EPD common unit; F3–F7 describe various multi-year vesting schedules (annual installments) for phantom-unit awards; F1 notes certain common units may be held for a family member with limited pecuniary interest; F8 references a power of attorney on file.
• Filing timeliness: Period of report and filing date are both 2026-02-10 (filed timely).

Context
This was a compensation-related derivative award (phantom units), not an open-market purchase or sale. Phantom units typically convert into common units when they vest and are settled; they do not by themselves indicate immediate buying or selling pressure. For retail investors, grants show executive compensation alignment with shareholders but are not direct indicators of short-term insider buying or selling.