Romaine Mark 4
4 · GLOBAL PARTNERS LP · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
Global Partners (GLP) COO Mark Romaine Sells 2,065 Shares
What Happened
Mark Romaine, Chief Operating Officer of Global Partners LP (GLP), sold 2,065 Common Units (limited partner interests) in open-market transactions on March 25, 2026. The weighted average sale price was $44.80, yielding total proceeds of approximately $92,512. This was a sale (disposition), not a purchase.
Key Details
- Transaction date: 2026-03-25 (reported on Form 4 filed 2026-03-26)
- Transaction type/code: Open-market sale (S)
- Shares sold: 2,065 Common Units
- Price: weighted average $44.80; sales occurred at prices ranging from $44.56 to $45.16 (see footnote F1)
- Proceeds: ~$92,512
- Shares owned after transaction: Not disclosed in the provided excerpt of the filing
- Footnote F1: Units were sold in multiple transactions at prices within the stated range; the reporting person will provide a breakdown of quantities at each price on request to the issuer, holders, or SEC staff
- Filing timeliness: Reported the next day (period of report 2026-03-25; filed 2026-03-26) — appears timely
Context
Sales by insiders can be routine (e.g., diversification, tax planning) and do not by themselves indicate company performance. The filing does not state a 10b5-1 plan or other reason for the sales; the footnote only documents the trade price range and offers to supply a price-by-price breakdown on request.
Insider Transaction Report
- Sale
Common Units representing limited partner interests
[F1]2026-03-25$44.80/sh−2,065$92,512→ 139,109 total
Footnotes (1)
- [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 $44.56 to $45.16, 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.