Romaine Mark 4
4 · GLOBAL PARTNERS LP · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
Global Partners (GLP) COO Romaine Mark Sells 15,611 Shares
What Happened
- Romaine Mark, Chief Operating Officer of Global Partners LP (GLP), sold a total of 15,611 common units in open-market transactions across March 16–18, 2026. The trades generated aggregate proceeds of approximately $740,241.
- Breakdown by date: 3,376 units on 2026-03-16 ($47.00 each, $158,672), 7,500 units on 2026-03-17 ($47.39 each, $355,425), and 4,735 units on 2026-03-18 (~$47.76 each, $226,144). These were dispositions (sales), which are generally routine transfers of shares rather than an explicit bullish signal.
Key Details
- Transaction dates & prices:
- 2026-03-16: 3,376 shares at ~$47.00 (footnote F1: sales in that day ranged $47.00–$47.03)
- 2026-03-17: 7,500 shares at ~$47.39 (footnote F2: sales that day ranged $47.25–$47.58)
- 2026-03-18: 4,735 shares at ~$47.76 (footnote F3: sales that day ranged $47.75–$47.88)
- Total sold: 15,611 common units for total proceeds of about $740,241.
- Shares owned after transaction: Not specified in the provided filing data.
- Filing date: Form 4 filed 2026-03-18. (No late-filing flag indicated in the provided information.)
- Footnotes: Each sale was executed in multiple transactions at price ranges shown (F1–F3). The reporting person offers to provide a full breakdown of the number of units sold at each price within those ranges upon request.
Context
- Sales by insiders are common and may reflect personal liquidity needs, portfolio rebalancing, or other non‑company-related reasons; they are not, on their own, conclusive evidence of the company’s outlook.
- Purchases tend to be more informative about insider sentiment; this filing documents only open-market sales.
Insider Transaction Report
Form 4
Romaine Mark
Chief Operating Officer
Transactions
- Sale
Common Units representing limited partner interests
[F1]2026-03-16$47.00/sh−3,376$158,672→ 159,109 total - Sale
Common Units representing limited partner interests
[F2]2026-03-17$47.39/sh−7,500$355,425→ 151,609 total - Sale
Common Units representing limited partner interests
[F3]2026-03-18$47.76/sh−4,735$226,144→ 146,874 total
Footnotes (3)
- [F1]Common Units representing limited partner interests in the Issuer ("Common Units") were sold at a weighted average price. These common units were sold in multiple transactions at prices from $47.00 to $47.03, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Common Units sold at each separate price within the range set forth in this footnote (1) to this Form 4.
- [F2]Common Units representing limited partner interests in the Issuer ("Common Units") were sold at a weighted average price. These common units were sold in multiple transactions at prices from $47.25 to $47.58, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Common Units sold at each separate price within the range set forth in this footnote (2) to this Form 4.
- [F3]Common Units representing limited partner interests in the Issuer ("Common Units") were sold at a weighted average price. These common units were sold in multiple transactions at prices from $47.75 to $47.88, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Common Units sold at each separate price within the range set forth in this footnote (3) to this Form 4.
Signature
Erin Powers Brennan, Attorney-in-Fact for Mark Romaine|2026-03-18