Romaine Mark 4

What Happened

• Romaine Mark, Chief Operating Officer of Global Partners LP (GLP), reported three sales of Common Units: 3,245 units on 2026-03-19 at $48.10 ($156,085), 2,020 units on 2026-03-20 at $48.19 ($97,344), and 435 units on 2026-03-23 at $47.31 ($20,580). Total disposed: 5,700 Common Units for approximately $274,009. These transactions are reported as sales (S), typically routine insider selling rather than a purchase signal.

Key Details

• Transaction dates and amounts:
  • 2026-03-19: 3,245 units @ $48.10 = $156,085
  • 2026-03-20: 2,020 units @ $48.19 = $97,344
  • 2026-03-23: 435 units @ $47.31 = $20,580
• Total: 5,700 Common Units sold for ~$274,009.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: sales were executed in multiple transactions at varying prices; ranges reported:
  • F1: prices ranged $47.75–$48.50
  • F2: prices ranged $48.15–$48.50
  • F3: prices ranged $47.28–$47.50 The reporting person offers to provide a full breakdown of the number of units sold at each price on request.
• Filing timeliness: Form 4 filed 2026-03-23 covering trades 2026-03-19 to 2026-03-23; filing appears timely based on the reported dates.

Context

• These were outright sales (reported as open-market or private sales); sales by executives are common and do not, by themselves, indicate company performance. No option exercises, awards, or gifts were reported in this filing.