Form 4: Energy Transfer LP Executive Bramhall Reports Series E Preferred Units Redemption
SEC Form 4 Filing
Dylan Bramhall, EVP & Group CFO of Energy Transfer LP, reports the redemption of Series E Preferred Units on May 15, 2024.
Summary
- Dylan Bramhall, EVP & Group CFO of Energy Transfer LP, filed a Form 4 on May 16, 2024.
- The filing reports a transaction that occurred on May 15, 2024, involving Series E Preferred Units.
- The Issuer redeemed all of its outstanding Series E Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units on May 15, 2024, at a redemption price of $25.00 per Unit.
- Bramhall directly owns 618,781 common units after the reported transaction.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to a previously announced redemption. It doesn't contain information that would significantly shift investor sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- Shareholders may be impacted by the redemption of the Series E Preferred Units.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Redemption of Series E Preferred Units |
| 05/16/2024 | Date of Form 4 filing |
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