Global GP LLC 4
4 · GLOBAL PARTNERS LP · Filed May 29, 2026
Research Summary
AI-generated summary of this filing
Global Partners (GLP) General Partner Buys 15,000 Units
What Happened
- Global GP LLC (the General Partner of Global Partners LP) acquired a total of 15,000 common units in three open‑market purchases (P) between 2026-05-27 and 2026-05-29. The transactions were: 5,000 units on 2026-05-27 at $48.94 each ($244,700); 5,000 units on 2026-05-28 at $48.35 each ($241,750); and 5,000 units on 2026-05-29 at $47.22 each ($236,100). Total consideration was approximately $722,550. These were purchases (buying activity), not sales.
Key Details
- Transaction dates/prices/values:
- 2026-05-27 — 5,000 units @ $48.94 = $244,700 (footnote F2: reported price is a weighted average; purchases in range $48.63–$49.25)
- 2026-05-28 — 5,000 units @ $48.35 = $241,750 (footnote F3: weighted average; range $47.98–$48.65)
- 2026-05-29 — 5,000 units @ $47.22 = $236,100 (footnote F4: weighted average; range $46.95–$48.03)
- Shares/units owned after transaction: Not specified in the filing.
- Purpose/footnote: Footnote F1 states the purchases were made to satisfy obligations under the Global Partners LP Long‑Term Incentive Plan (LTIP). The reporting person disclaims pecuniary interest and does not admit beneficial ownership for Section 16 purposes.
- Timeliness: Report filed 2026-05-29 for transactions 2026-05-27 to 2026-05-29 — appears timely based on the filing date.
Context
- These purchases were executed by the General Partner to fulfill LTIP award obligations, which is a routine corporate action and not necessarily a personal investment signal by an individual insider. The filing includes weighted‑average price ranges (F2–F4); the reporting person has offered to provide full per‑trade price details on request.
Insider Transaction Report
Form 4
Global GP LLC
Other
Transactions
- Purchase
Common units representing limited partner interests
[F1][F2]2026-05-27$48.94/sh+5,000$244,700→ 81,584 total - Purchase
Common units representing limited partner interests
[F1][F3]2026-05-28$48.35/sh+5,000$241,750→ 86,584 total - Purchase
Common units representing limited partner interests
[F1][F4]2026-05-29$47.22/sh+5,000$236,100→ 91,584 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 $48.63 to $49.25, 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 $47.98 to $48.65, 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 $46.95 to $48.03, 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|2026-05-29