BRANNON RICHARD D purchased 33.4% of their position (100K shares) of ENERGY TRANSFER LP on the open market

Open‑market purchase worth $494.7K — a major conviction buy. The strongest form of insider conviction signal.

P · 13 purchases

BRANNON RICHARD D

Filed: 3/18/2020ACC: 0001209191-20-020037

InsiderBRANNON RICHARD DCIK 1619519

→

IssuerENERGY TRANSFER LPCIK 1276187

Director

Since Sep 2018

+100K

Net shares

Net buyer

$494.7K

Total acquired

Open market trades

13B · 0S

Total transactions

100K acquired

Non-Derivative Transactions13

Common Units

Direct

P · Purchase

+2.39K

Price / share

$5.67

Trade value

$13.57K

% of position

0.8%

3/16/2020

299.60K→301.99K

Common Units

Direct

P · Purchase

+7.61K

Price / share

$5.67

Trade value

$43.09K

% of position

2.5%

3/16/2020

301.99K→309.60K

Common Units

Direct

P · Purchase

+10K

Price / share

$5.65

Trade value

$56.50K

% of position

3.2%

3/16/2020

309.60K→319.60K

Common Units

Direct

P · Purchase

+5K

Price / share

$5.51

Trade value

$27.55K

% of position

1.6%

3/17/2020

319.60K→324.60K

Common Units

Direct

P · Purchase

+5K

Price / share

$5.52

Trade value

$27.58K

% of position

1.5%

3/17/2020

324.60K→329.60K

Common Units

Direct

P · Purchase

+10K

Price / share

$5.50

Trade value

$55K

% of position

3.0%

3/17/2020

329.60K→339.60K

Common Units

Direct

P · Purchase

+5K

Price / share

$5.48

Trade value

$27.40K

% of position

1.5%

3/17/2020

339.60K→344.60K

Common Units

Direct

P · Purchase

+15K

Price / share

$5.27

Trade value

$79.05K

% of position

4.4%

3/17/2020

344.60K→359.60K

Common Units

Direct

P · Purchase

+5K

Price / share

$5.23

Trade value

$26.15K

% of position

1.4%

3/17/2020

359.60K→364.60K

Common Units

Direct

P · Purchase

+15K

Price / share

$4.05

Trade value

$60.75K

% of position

4.1%

3/18/2020

364.60K→379.60K

Common Units

Direct

P · Purchase

+5K

Price / share

$4.00

Trade value

$20K

% of position

1.3%

3/18/2020

379.60K→384.60K

Common Units

Direct

P · Purchase

+10K

Price / share

$3.89

Trade value

$38.90K

% of position

2.6%

3/18/2020

384.60K→394.60K

Common Units

Direct

P · Purchase

+5K

Price / share

$3.83

Trade value

$19.15K

% of position

1.3%

3/18/2020

394.60K→399.60K

Total

Net shares

+100K

Net value

$494.69K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Units Direct	3/16/2020	P · Purchase	+2.39K	$5.67	$13.57K	0.8%	299.60K	301.99K
Common Units Direct	3/16/2020	P · Purchase	+7.61K	$5.67	$43.09K	2.5%	301.99K	309.60K
Common Units Direct	3/16/2020	P · Purchase	+10K	$5.65	$56.50K	3.2%	309.60K	319.60K
Common Units Direct	3/17/2020	P · Purchase	+5K	$5.51	$27.55K	1.6%	319.60K	324.60K
Common Units Direct	3/17/2020	P · Purchase	+5K	$5.52	$27.58K	1.5%	324.60K	329.60K
Common Units Direct	3/17/2020	P · Purchase	+10K	$5.50	$55K	3.0%	329.60K	339.60K
Common Units Direct	3/17/2020	P · Purchase	+5K	$5.48	$27.40K	1.5%	339.60K	344.60K
Common Units Direct	3/17/2020	P · Purchase	+15K	$5.27	$79.05K	4.4%	344.60K	359.60K
Common Units Direct	3/17/2020	P · Purchase	+5K	$5.23	$26.15K	1.4%	359.60K	364.60K
Common Units Direct	3/18/2020	P · Purchase	+15K	$4.05	$60.75K	4.1%	364.60K	379.60K
Common Units Direct	3/18/2020	P · Purchase	+5K	$4.00	$20K	1.3%	379.60K	384.60K
Common Units Direct	3/18/2020	P · Purchase	+10K	$3.89	$38.90K	2.6%	384.60K	394.60K
Common Units Direct	3/18/2020	P · Purchase	+5K	$3.83	$19.15K	1.3%	394.60K	399.60K
Total			+100K		$494.69K

Derivative Transactions0

No derivative transactions reported

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)1

Phantom Units

Direct

Underlying security

Common Units

Underlying shares

16.27K

Shares owned

16.27K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

16.27K

Owned

16.27K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Phantom Units Direct	Common Units		—	—	16.27K	16.27K
Total					16.27K	16.27K