HAILER JOHN T 4
4 · GLOBAL PARTNERS LP · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
GLOBAL PARTNERS (GLP) Director John T. Hailer Receives Award
What Happened
John T. Hailer, a director of GLOBAL PARTNERS LP (GLP), received a grant of 3,618 phantom units on February 26, 2026. The grant price is $0.00 (derivative award); the units are phantom units that convert one-for-one into common units upon vesting. No cash was exchanged at grant.
Key Details
- Transaction date: February 26, 2026; Form 4 filed March 2, 2026 (within standard two-business-day window).
- Award: 3,618 Phantom Units; grant price reported as $0.00 (derivative award).
- Vesting: 100% of the Phantom Units vest on January 6, 2027 per the Grant Agreement.
- Conversion: Each Phantom Unit converts into one common unit (one-for-one) upon vesting (per footnote).
- Shares owned after transaction: not specified in the filing.
Context
This is an equity award (derivative grant) rather than a market purchase or sale; it does not indicate an immediate buy or sell of stock. The economic interest will only materialize if and when the phantom units vest and convert to common units on the stated vesting date.
Insider Transaction Report
Form 4
HAILER JOHN T
Director
Transactions
- Award
Phantom Units
[F1][F2]2026-02-26+3,618→ 3,618 totalExercise: $0.00→ Common units representing limited partner interests (3,618 underlying)
Holdings
- 13,314
Common units representing limited partner interests
Footnotes (2)
- [F1]Each phantom unit representing the right to receive one Common Unit upon vesting ("Phantom Unit") converts into a common unit representing a limited partner interest in the Issuer ("Common Unit") on a one-for-one basis.
- [F2]Pursuant to a Grant Agreement dated February 26, 2026, the Reporting Person was granted 3,618 Phantom Units. Upon satisfying the vesting conditions set forth in the Grant Agreement, 100% of the Phantom Units granted will vest on January 6, 2027.
Signature
Erin Powers Brennan, Attorney-in-Fact for John T. Hailer|2026-03-02