Global GP LLC 4
4 · GLOBAL PARTNERS LP · Filed May 26, 2026
Research Summary
AI-generated summary of this filing
Global Partners (GLP) General Partner Global GP LLC Buys 14,184 Shares
What Happened
Global GP LLC, the general partner of Global Partners LP (GLP), acquired a total of 14,184 common units across three open‑market purchases between May 21 and May 26, 2026. The purchases were: 5,000 units @ $51.28 on 2026-05-21 ($256,400), 4,184 units @ $50.05 on 2026-05-22 ($209,409), and 5,000 units @ $48.92 on 2026-05-26 ($244,600), for a combined cash outlay of approximately $710,409. These are purchases (acquisitions), which investors often view as more informative than sales.
Key Details
- Transaction dates and reported weighted-average prices:
- 2026-05-21: 5,000 units, $51.28 (weighted avg; purchases ranged $50.60–$51.81) — $256,400 (see footnote F2)
- 2026-05-22: 4,184 units, $50.05 (weighted avg; purchases ranged $49.76–$50.44) — $209,409 (see footnote F3)
- 2026-05-26: 5,000 units, $48.92 (weighted avg; purchases ranged $48.51–$49.49) — $244,600 (see footnote F4)
- Total purchased: 14,184 common units for ~ $710,409.
- Shares owned after the transactions: not specified in the filing.
- Notable footnote (F1): Purchases were made to satisfy obligations under the Global Partners LP Long‑Term Incentive Plan (LTIP). The reporting person disclaims any pecuniary interest and asserts this report is not an admission of beneficial ownership under Section 16.
- Filing: Report filed May 26, 2026, disclosing transactions from May 21–26, 2026 (filing timeliness not specified in the report).
Context
- These were open‑market purchases by the general partner to satisfy LTIP award obligations rather than an individual officer buying for personal investment; the F1 disclaimer limits interpretation of beneficial ownership.
- Footnotes F2–F4 indicate each reported price is a weighted average across multiple executions; the filer can provide per‑trade price breakdowns on request.
- For retail investors: purchases are factual data points; because these buys are tied to LTIP obligations and the reporting person disclaims beneficial ownership, they should be interpreted with that context in mind rather than as a straightforward insider investment signal.
Insider Transaction Report
Form 4
Global GP LLC
Other
Transactions
- Purchase
Common units representing limited partner interests
[F1][F2]2026-05-21$51.28/sh+5,000$256,400→ 67,400 total - Purchase
Common units representing limited partner interests
[F1][F3]2026-05-22$50.05/sh+4,184$209,409→ 71,584 total - Purchase
Common units representing limited partner interests
[F1][F4]2026-05-26$48.92/sh+5,000$244,600→ 76,584 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 $50.60 to $51.81, 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 $49.76 to $50.44, 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 $48.51 to $49.49, 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.
Signature
Erin Powers Brennan, Attorney-in-Fact for Global GP LLC|2026-05-26