Form 4: Energy Transfer LP Director Perry Richard James Reports Acquisition of Common Units

Director Perry James Richard reports acquisition of Energy Transfer LP common units through grants, increasing his beneficial ownership.

Summary

• On December 23, 2024, Director Perry James Richard acquired 10 common units of Energy Transfer LP at $0.
• On January 2, 2025, he acquired an additional 7,760 common units at $0.
• These transactions increased his direct ownership to 188,254 common units.
• The 7,760 units were awarded as restricted units under the Energy Transfer LP Long-Term Incentive Plan, vesting 60% on January 2, 2028, and 40% on January 2, 2030, contingent on continued service on the Board.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a routine transaction by a company director. The acquisition of shares can be seen as a positive sign, but it's not a major event.

Positives

• The director's increased stake in the company could be seen as a positive signal.

Future Outlook

The vesting of the restricted units is contingent upon the reporting person's continued service on the Board of the general partner of the Partnership.

Industry Context

Form 4 filings are routine disclosures that provide transparency into the transactions of company insiders, which can be informative for investors.

Stakeholder Impact

• The increased ownership by a director could be viewed positively by shareholders.

Key Dates