4Accepted Sep 16, 5:27 PM ET
Global Partners (GLP) General Partner Buys 15,000 Units
Accepted (ET)
5:27 PM
Sep 16, 2026
Filed
Sep 16, 2026
Documents
1
Size
10.2 KB
Summary
Global Partners (GLP) General Partner Buys 15,000 Units
What Happened
Global GP LLC (the general partner of Global Partners LP) acquired 15,000 common units in three open-market purchases between Sept 14 and Sept 16, 2026. The purchases were: 5,000 units on 2026-09-14 at a weighted avg $52.20 ($261,000); 5,000 units on 2026-09-15 at a weighted avg $50.89 ($254,450); and 5,000 units on 2026-09-16 at a weighted avg $50.55 (~$252,750). Total consideration for the three transactions was approximately $768,200. These were purchases (acquisitions) rather than sales.
Key Details
- Transaction dates and reported weighted-average prices:
- 2026-09-14: 5,000 units @ $52.20 (range reported: $51.94–$52.28).
- 2026-09-15: 5,000 units @ $50.89 (range reported: $50.59–$51.17).
- 2026-09-16: 5,000 units @ $50.55 (range reported: $50.15–$50.98).
- Total acquired: 15,000 common units; total value ≈ $768,200.
- Shares owned after transaction: not specified in the provided filing.
- Footnote: Purchases were made to satisfy obligations under the Global Partners LP Long-Term Incentive Plan (LTIP) for awards previously granted to directors and officers (Footnote F1). The reporting person disclaims any pecuniary interest and notes the report should not be deemed an admission of beneficial ownership under Section 16.
- Filing timeliness: Form 4 was filed 2026-09-16 covering trades on 2026-09-14–09-16; this appears to be within the typical two-business-day SEC reporting window.
Context
- These purchases were executed by the general partner to satisfy LTIP award obligations (not explicitly personal purchases by an individual insider), so they may reflect plan-related administrative buying rather than a direct personal investment decision.
- Footnotes F2–F4 indicate the reported prices are weighted averages and the units were bought in multiple transactions within the stated price ranges; the filer offers to provide breakdowns by price on request.