Sankara Nandini 4
4 · SUBURBAN PROPANE PARTNERS LP · Filed Nov 18, 2025
Insider Transaction Report
Form 4
Sankara Nandini
VP Marketing & Brand Strategy
Transactions
- Tax Payment
Common Units (representing limited partnership interests)
2025-11-14$18.83/sh−4,807$90,516→ 55,375 total - Award
Phantom Units
2025-11-15+10,717→ 21,316 total→ Common Units (10,717 underlying) - Exercise/Conversion
Common Units (representing limited partnership interests)
2025-11-14$18.83/sh+9,460$178,132→ 64,835 total - Disposition to Issuer
Common Units (representing limited partnership interests)
2025-11-14$18.83/sh−9,460$178,132→ 55,375 total - Exercise/Conversion
Phantom Units
2025-11-14−9,460→ 10,599 total→ Common Units (9,460 underlying) - Award
Common Units (representing limited partnership interests)
2025-11-15+10,717→ 66,092 total
Footnotes (2)
- [F1]Represents filer's payment of tax liability in connection with the vesting of previously granted restricted units by means of Issuer's withholding of Common Units in accordance with the provisions of Issuer's restricted unit plan and SEC Rule 16b-3.
- [F2]One third of the phantom units vest on each of the first three anniversaries of the grant date, subject to continuous employment or service of the reporting person from the grant date through the applicable payment date. Upon vesting, phantom units are automatically converted into cash equal to the average of the highest and lowest trading prices of the Issuer's Common Units on the vesting date.