STIVALA MICHAEL A 4
4 · SUBURBAN PROPANE PARTNERS LP · Filed Nov 18, 2025
Insider Transaction Report
Form 4
STIVALA MICHAEL A
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Units (representing limited partnership interests)
2025-11-14$18.83/sh+13,791$259,685→ 302,548 total - Award
Common Units (representing limited partnership interests)
2025-11-15+48,224→ 336,981 total - Exercise/Conversion
Phantom Units
2025-11-14−13,791→ 15,215 total→ Common Units (13,791 underlying) - Disposition to Issuer
Common Units (representing limited partnership interests)
2025-11-14$18.83/sh−13,791$259,685→ 288,757 total - Tax Payment
Common Units (representing limited partnership interests)
2025-11-14$18.83/sh−22,442$422,583→ 288,757 total - Award
Phantom Units
2025-11-15+16,075→ 31,290 total→ Common Units (16,075 underlying)
Footnotes (2)
- [F1]Represents filer's payment of tax liability in connection with the vesting of previously granted restricted units by means of Issuer's withholding of Common Units in accordance with the provisions of Issuer's restricted unit plan and SEC Rule 16b-3.
- [F2]One third of the phantom units vest on each of the first three anniversaries of the grant date, subject to continuous employment or service of the reporting person from the grant date through the applicable payment date. Upon vesting, phantom units are automatically converted into cash equal to the average of the highest and lowest trading prices of the Issuer's Common Units on the vesting date.