Global GP LLC 4
4 · GLOBAL PARTNERS LP · Filed May 15, 2026
Research Summary
AI-generated summary of this filing
Global Partners (GLP) General Partner Acquires 15,000 Shares
What Happened
Global GP LLC, the general partner of Global Partners LP (GLP), purchased a total of 15,000 common units in three open-market/private transactions: 5,000 units on 2026-05-13 at a weighted average ~$48.75 ($243,750); 5,000 units on 2026-05-14 at ~$49.35 ($246,750); and 5,000 units on 2026-05-15 at ~$49.17 ($245,850). Total consideration for the three purchases was approximately $736,350. These were purchases (acquisitions), which investors often view as a more informative insider action than routine sales.
Key Details
- Transaction dates and weighted-average prices:
- 2026-05-13: 5,000 units @ ~$48.75 (total ~$243,750)
- 2026-05-14: 5,000 units @ ~$49.35 (total ~$246,750)
- 2026-05-15: 5,000 units @ ~$49.17 (total ~$245,850)
- Total acquired: 15,000 common units for ~ $736,350.
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnotes: F1 states purchases were made to satisfy obligations under the Global Partners LP Long-Term Incentive Plan (LTIP) for awards previously granted to directors and officers; the reporting person disclaims pecuniary interest. Additional footnotes note that reported prices are weighted averages and purchases occurred in multiple trades at prices ranging roughly between $48.67 and $50.22; the filer can provide a full price breakdown on request.
- Filing: Form 4 filed 2026-05-15 reporting transactions through 2026-05-15—appears to be timely.
Context
Because the purchases were made to satisfy LTIP obligations (per footnote F1), these transactions may reflect routine plan-related acquisitions rather than discretionary open-market buying by an individual insider. The weighted-average price notes mean each reported price represents multiple executions; the filer offers to disclose exact per-trade pricing on request.
Insider Transaction Report
- Purchase
Common units representing limited partner interests
[F1][F2]2026-05-13$48.75/sh+5,000$243,750→ 27,400 total - Purchase
Common units representing limited partner interests
[F1][F3]2026-05-14$49.35/sh+5,000$246,750→ 32,400 total - Purchase
Common units representing limited partner interests
[F1][F4]2026-05-15$49.17/sh+5,000$245,850→ 37,400 total
Footnotes (4)
- [F1]Global GP LLC is purchasing common units for the purpose of satisfying obligations pursuant to awards previously granted to directors and officers under the Global Partners LP Long-Term Incentive Plan ("LTIP"). The reporting person disclaims any pecuniary interest in these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for the purpose of Section 16.
- [F2]The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $48.67 to $48.99, inclusive. The reporting person undertakes to provide to Global Partners LP, any security holder of Global Partners LP, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units purchased at each separate price within the ranges set forth in this footnote (2) to this Form 4.
- [F3]The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $48.76 to $50.22, inclusive. The reporting person undertakes to provide to Global Partners LP, any security holder of Global Partners LP, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units purchased at each separate price within the ranges set forth in this footnote (3) to this Form 4.
- [F4]The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $48.82 to $49.51, inclusive. The reporting person undertakes to provide to Global Partners LP, any security holder of Global Partners LP, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units purchased at each separate price within the ranges set forth in this footnote (4) to this Form 4.