Romaine Mark 4

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.