GLOBAL PARTNERS LP·4

Apr 27, 5:03 PM ET

Global GP LLC 4

Research Summary

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Global Partners LP (GLP) General Partner Delivers 3,393 Units, Withholds 1,640

What Happened
Global GP LLC (the General Partner of Global Partners LP, ticker GLP) delivered 3,393 common units to satisfy LTIP grant obligations and withheld 1,640 common units to cover tax withholding. The transactions are reported as an Other disposition (3,393 units) and an Other acquisition/withholding (1,640 units) at $45.86 per unit — totals shown as $155,603 and $75,210, respectively. These are internal compensation actions (delivery and withholding), not open-market buys or sells.

Key Details

  • Transaction date: April 14, 2026; reported price per unit: $45.86 (per filing). Footnote states price equals issuer's closing price on April 13, 2026.
  • Disposed (delivered) 3,393 Common Units for $155,603; Withheld 1,640 Common Units for $75,210.
  • Shares owned after the transactions: 22,400 Common Units (after delivering 3,393 and withholding 1,640).
  • Footnotes: transactions were to satisfy obligations under the Global Partners LP Long-Term Incentive Plan (LTIP); the Reporting Person disclaims pecuniary/beneficial ownership for Section 16 purposes; withholding was used to satisfy tax obligations.
  • Filing timing: transaction occurred April 14, 2026; Form 4 was filed April 27, 2026 — later than the typical 2-business-day filing window for Form 4s (the filing appears delayed).

Context
These entries reflect compensation-plan mechanics (delivery of units to satisfy grant obligations and withholding of units for taxes) rather than an open-market endorsement or divestiture by an individual insider. The reporting entity also disclaims beneficial ownership in the units, per the filing.