Kim Mickey 4

What Happened
Kim Mickey, a director of CrossAmerica Partners LP (CAPL), acquired 3,154 common units on July 23, 2026 through the vesting and conversion of previously granted phantom units. The filing shows the transaction as an exercise/conversion of a derivative (transaction code M); no cash price or dollar value is reported.

Key Details

• Transaction date: July 23, 2026 (reported on Form 4 filed July 24, 2026). Filing appears timely.
• Transaction type/code: Exercise/conversion of derivative (M).
• Shares acquired: 3,154 Common Units. No sale/dispense reported (one line shows 0 disposed).
• Price per share / total value: Not reported (N/A) in the filing.
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnotes:
  • F1 — Each phantom unit equaled one Common Unit; the reporting person acquired Common Units upon vesting.
  • F2 — Phantom units vested on July 23, 2026 and were converted into Common Units at the issuer’s discretion.

Context
This was not an open-market purchase or sale but a conversion of compensation-related phantom units into actual Common Units. Such conversions are typically routine compensation vesting events and do not by themselves indicate the insider is buying or selling shares in the market.