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GLOBAL PARTNERS LP·4

May 26, 4:54 PM ET

Global GP LLC 4

Research Summary

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Updated

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.