other material
confidence high
sentiment neutral
materiality 0.55
Energy Transfer LP increases LTIP unit authorization by 46M common units
Energy Transfer LP
- Board approved Third Amendment to Long-Term Incentive Plan on Oct 25, 2023.
- Common units available for awards increased by 46,000,000 to a total of 93,000,000.
- Prior amendment in Dec 2020 had increased pool by 35,000,000 units.
- Plan allows grants of restricted units, phantom units, unit options, and unit appreciation rights.
- Amendment effective immediately; other plan provisions unchanged.