Pereira Jaime 4

What Happened

• Jaime Pereira, a director of Global Partners LP (GLP), received an award of 3,618 phantom units on Feb 26, 2026. The grant was reported as a derivative award at $0.00 per unit (no cash purchase). Each phantom unit converts one-for-one into a common unit upon vesting.

Key Details

• Transaction date: February 26, 2026; Filing date: March 2, 2026 (timely).
• Transaction type/code: Grant/Award (derivative phantom unit grant), reported amount 3,618 units at $0.00.
• Vesting: 100% of the phantom units vest on January 6, 2027 (per Grant Agreement).
• Conversion: Each phantom unit converts into one common unit upon vesting (footnote detail).
• Shares owned after transaction: Not specified in the provided filing.
• Filing status: No late filing indicated.

Context

• Phantom units are a form of equity-based compensation that convert into actual partnership units if vesting conditions are met; this is a compensation grant rather than an open-market purchase or sale. The economic value to the insider will depend on GLP’s unit price at vesting and any applicable withholding or plan terms. Such grants are common for directors and do not by themselves indicate buy/sell intentions.