W. Randall Fowler - 16 Feb 2026 Form 4 Insider Report for ENTERPRISE PRODUCTS PARTNERS L.P. (EPD)

Role
CO-CHIEF EXECUTIVE OFFICER, Director
Signature
/s/Jennifer W. Dickson, Attorney-in-Fact on Behalf of W. Randall Fowler
Issuer symbol
EPD
Transactions as of
16 Feb 2026
Net transactions value
-$4,157,674
Form type
4
Filing time
18 Feb 2026, 16:21:02 UTC
Previous filing
10 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
FOWLER W RANDALL CO-CHIEF EXECUTIVE OFFICER, Director 1100 LOUISIANA STREET, SUITE 1000, HOUSTON /s/Jennifer W. Dickson, Attorney-in-Fact on Behalf of W. Randall Fowler 18 Feb 2026 0001183243

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EPD Common Units Representing Limited Partnership Interests Options Exercise +66,250 +4.1% 1,696,374 16 Feb 2026 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability $958,072 -26,070 -1.5% $36.75 1,670,304 16 Feb 2026 Direct
transaction EPD Common Units Representing Limited Partnership Interests Options Exercise +75,000 +4.5% 1,745,304 16 Feb 2026 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability $1,084,603 -29,513 -1.7% $36.75 1,715,791 16 Feb 2026 Direct
transaction EPD Common Units Representing Limited Partnership Interests Options Exercise +77,500 +4.5% 1,793,291 16 Feb 2026 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability $1,120,765 -30,497 -1.7% $36.75 1,762,794 16 Feb 2026 Direct
transaction EPD Common Units Representing Limited Partnership Interests Options Exercise +68,750 +3.9% 1,831,544 16 Feb 2026 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability $994,234 -27,054 -1.5% $36.75 1,804,490 16 Feb 2026 Direct
holding EPD Common Units Representing Limited Partnership Interests 708,419 16 Feb 2026 By Three Streams Partners, LP F2
holding EPD Common Units Representing Limited Partnership Interests 2,339 16 Feb 2026 By Spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EPD Phantom Units Options Exercise $0 -66,250 -100% $0.000000 0 16 Feb 2026 Common Units 66,250 Direct F1, F3
transaction EPD Phantom Units Options Exercise $0 -75,000 -50% $0.000000 75,000 16 Feb 2026 Common Units 75,000 Direct F1, F4
transaction EPD Phantom Units Options Exercise $0 -77,500 -33% $0.000000 155,000 16 Feb 2026 Common Units 77,500 Direct F1, F5
transaction EPD Phantom Units Options Exercise $0 -68,750 -25% $0.000000 206,250 16 Feb 2026 Common Units 68,750 Direct F1, F6
holding EPD Phantom Units 295,000 16 Feb 2026 Common Units 295,000 Direct F1, F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each phantom unit is the economic equivalent of one EPD common unit.
F2 The reporting person disclaims beneficial ownership of issuer common units held by Three Streams Partners, LP except to the extent of his pecuniary interest therein.
F3 These phantom units vested in one remaining annual installment on February 16, 2026. The remaining annual installment expired upon vesting and settlement thereof in exchange for an equal number of EPD common units.
F4 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.
F5 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.
F6 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.
F7 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.
F8 The power of attorney under which this form was signed is on file with the Commission.

Remarks:

Transaction Code M - Exercise or conversion of derivative security exempted pursuant to Rule 16b-3; Transaction Code F - Payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3