Enterprise Products Partners (NYSE: EPD) co-CEO buys 2,665 units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ENTERPRISE PRODUCTS PARTNERS L.P. co-chief executive officer A.J. Teague reported an open-market purchase of 2,665 common units representing limited partnership interests at a weighted average price of $37.5494 per unit. The footnotes state these units were bought at prices ranging from $37.545 to $37.5495.
After this transaction, a trust associated with Teague held 77,576 common units indirectly. Separate holding entries show he also held 3,083,226 common units directly, with additional indirect holdings of 41,155 units by his spouse and 6,060 units by minor children as of the transaction date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,665 shares ($100,069)
Net Buy
4 txns
Insider
TEAGUE AJ
Role
CO-CHIEF EXECUTIVE OFFICER
Bought
2,665 shs ($100K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Units Representing Limited Partnership Interests | 2,665 | $37.5494 | $100K |
| holding | Common Units Representing Limited Partnership Interests | -- | -- | -- |
| holding | Common Units Representing Limited Partnership Interests | -- | -- | -- |
| holding | Common Units Representing Limited Partnership Interests | -- | -- | -- |
Holdings After Transaction:
Common Units Representing Limited Partnership Interests — 77,576 shares (Indirect, By Trust);
Common Units Representing Limited Partnership Interests — 3,083,226 shares (Direct)
Footnotes (1)
- Represents the weighted average purchase price. These common units representing limited partner interests in the issuer ("Common Units") were purchased at various prices ranging from $37.545 to $37.5495. Financial information regarding the number of Common Units purchased at each price will be provided upon the request of the United States Securities and Exchange Commission staff, the issuer, or a security holder of the issuer. The power of attorney under which this form was signed is on file with the Commission.
FAQ
What insider transaction did EPD report for A.J. Teague on this Form 4?
A.J. Teague reported an open-market purchase of 2,665 Enterprise Products Partners common units representing limited partnership interests. The transaction was executed at a weighted average price of $37.5494 per unit, with individual trade prices ranging from $37.545 to $37.5495.
How many Enterprise Products Partners (EPD) units did A.J. Teague buy and at what price?
Teague bought 2,665 common units of Enterprise Products Partners in the open market. The filing shows a weighted average purchase price of $37.5494 per unit, with specific trades occurring between $37.545 and $37.5495, as detailed in the accompanying footnote.
What are A.J. Teague’s indirect trust holdings in EPD after the reported transaction?
Following the reported purchase, a trust associated with A.J. Teague held 77,576 Enterprise Products Partners common units indirectly. This figure represents the total common units held by the trust after acquiring the additional 2,665 units at the weighted average price disclosed in the Form 4 filing.
How many Enterprise Products Partners units does A.J. Teague hold directly and indirectly?
The filing shows Teague holding 3,083,226 Enterprise Products Partners common units directly. Indirectly, he has 77,576 units through a trust, 41,155 units held by his spouse, and 6,060 units held by minor children, all as of the transaction date.
Was the A.J. Teague EPD purchase part of a derivative or option exercise?
No, the reported transaction is a non-derivative open-market purchase of Enterprise Products Partners common units. The Form 4 shows transaction code P for the 2,665 units and an empty derivative section, indicating there were no option exercises or other derivative conversions reported.
What does the Form 4 footnote say about the pricing of A.J. Teague’s EPD purchase?
The footnote explains the $37.5494 figure is a weighted average purchase price. It notes the common units were bought in multiple trades at prices from $37.545 to $37.5495, and detailed trade information is available to regulators, the issuer, or security holders on request.