Global GP LLC 4

What Happened
Global GP LLC, the general partner of Global Partners LP (GLP), acquired a total of 10,000 common units in two open-market purchases: 5,000 units on June 9, 2026 at a weighted-average price of $49.44 (≈ $247,200) and 5,000 units on June 10, 2026 at a weighted-average price of $50.17 (≈ $250,850). Total consideration for the purchases was about $498,050. These were purchases (a bullish-type transaction in that they increase holdings rather than decrease them), but the filing notes the purchases were made to satisfy obligations under the partnership’s Long-Term Incentive Plan (LTIP).

Key Details

• Transaction dates and prices:
  • 2026-06-09: 5,000 units @ weighted-average $49.44 (prices in range $49.09–$49.87 per footnote)
  • 2026-06-10: 5,000 units @ weighted-average $50.17 (prices in range $49.87–$50.50 per footnote)
• Total purchased: 10,000 common units for ≈ $498,050.
• Shares owned after transaction: Not specified in the filing.
• Notable footnotes:
  • F1: Purchases were made by Global GP LLC to satisfy LTIP award obligations for directors/officers; the reporting person disclaims pecuniary interest and does not claim beneficial ownership for Section 16 purposes.
  • F2/F3: Reported prices are weighted averages across multiple trades; the filer can provide per-trade breakdowns on request.
• Timeliness: Filed on 2026-06-11 for transactions on 2026-06-09 and 2026-06-10 — the filing appears timely (no late-filing flag).

Context

• These buys were executed by the partnership’s general partner to fulfill LTIP obligations (i.e., to satisfy awards previously granted to directors and officers), which may reflect plan administration rather than a personal investment decision by an individual insider.
• Purchases increase position size on the partnership level; because the filer disclaims beneficial ownership, this filing should be read as reporting plan-related activity rather than a direct insider endorsement.