Michael C. Hanley - 16 Feb 2026 Form 4 Insider Report for ENTERPRISE PRODUCTS PARTNERS L.P. (EPD)

Role
EVP & Chief Commercial Officer
Signature
/s/Jennifer W. Dickson, Attorney-in-Fact on behalf of Michael C. Hanley
Issuer symbol
EPD
Transactions as of
16 Feb 2026
Net transactions value
-$524,312
Form type
4
Filing time
18 Feb 2026, 16:17:07 UTC
Previous filing
10 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Hanley Michael C. EVP & Chief Commercial Officer 1100 LOUISIANA ST, STE 1000, HOUSTON /s/Jennifer W. Dickson, Attorney-in-Fact on behalf of Michael C. Hanley 18 Feb 2026 0002099050

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 +8,750 +6.4% 144,825 16 Feb 2026 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability $126,567 -3,444 -2.4% $36.75 141,381 16 Feb 2026 Direct
transaction EPD Common Units Representing Limited Partnership Interests Options Exercise +10,000 +7.1% 151,381 16 Feb 2026 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability $144,611 -3,935 -2.6% $36.75 147,446 16 Feb 2026 Direct
transaction EPD Common Units Representing Limited Partnership Interests Options Exercise +9,375 +6.4% 156,821 16 Feb 2026 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability $135,608 -3,690 -2.4% $36.75 153,131 16 Feb 2026 Direct
transaction EPD Common Units Representing Limited Partnership Interests Options Exercise +8,125 +5.3% 161,256 16 Feb 2026 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability $117,526 -3,198 -2% $36.75 158,058 16 Feb 2026 Direct

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 -8,750 -100% $0.000000 0 16 Feb 2026 Common Units 8,750 Direct F1, F2
transaction EPD Phantom Units Options Exercise $0 -10,000 -50% $0.000000 10,000 16 Feb 2026 Common Units 10,000 Direct F1, F3
transaction EPD Phantom Units Options Exercise $0 -9,375 -33% $0.000000 18,750 16 Feb 2026 Common Units 9,375 Direct F1, F4
transaction EPD Phantom Units Options Exercise $0 -8,125 -25% $0.000000 24,375 16 Feb 2026 Common Units 8,125 Direct F1, F5
holding EPD Phantom Units 100,000 16 Feb 2026 Common Units 100,000 Direct F1, F6
holding EPD Phantom Units 75,000 16 Feb 2026 Common Units 75,000 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 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.
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 on February 16, 2030. These phantom units 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