4Accepted Sep 21, 5:55 PM ET
Global Partners (GLP) General Partner Buys 10,000 Shares
Accepted (ET)
5:55 PM
Sep 21, 2026
Filed
Sep 21, 2026
Documents
1
Size
8.1 KB
Summary
Global Partners (GLP) General Partner Buys 10,000 Shares
What Happened Global GP LLC, the general partner of Global Partners LP (GLP), purchased a total of 10,000 common units in two open-market/private transactions: 5,000 units on 2026-09-17 at a weighted-average price of $51.08 (≈ $255,400) and 5,000 units on 2026-09-21 at a weighted-average price of $49.63 (≈ $248,150), for a combined value of about $503,550. These transactions are coded "P" (purchase), i.e., acquisitions rather than sales.
Key Details
- Transaction dates & prices:
- 2026-09-17: 5,000 units @ weighted avg $51.08 (range $50.84–$51.25) — $255,400 (Footnote F2).
- 2026-09-21: 5,000 units @ weighted avg $49.63 (range $49.07–$49.93) — $248,150 (Footnote F3).
- Total: 10,000 units for ≈ $503,550.
- Purpose (Footnote F1): Purchases were made to satisfy obligations under the Global Partners LP Long-Term Incentive Plan (LTIP) for awards previously granted to directors and officers.
- Reporting note: The reporting person disclaims pecuniary interest and states this report should not be taken as admission of beneficial ownership for Section 16 purposes.
- Shares owned after the transactions: Not disclosed in the provided filing excerpt.
- Filing: Form 4 filed on 2026-09-21; the reporting dates and filing date appear to meet the standard Section 16 reporting window.
Context Per the filing footnotes, these buys were made to satisfy LTIP award obligations, a common administrative transaction when units are acquired to cover compensation awards. That factual disclosure helps explain the purpose of the purchases; it does not by itself indicate the personal trading intent of an individual insider.