STOCK TITAN

CrossAmerica (CAPL) director reports 1,801-unit purchase, 1.86M held

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

CrossAmerica Partners LP (CAPL): Director and 10% owner Joseph V. Topper, Jr. reported buying 1,801 common units on 10/10/2025 at a weighted average price of $19.7369 under a Rule 10b5-1 trading plan. The purchases were executed in multiple trades between $19.72 and $19.75.

Following the transaction, 1,859,450 common units were beneficially owned indirectly through Energy Realty Partners, LLC. The reporting person disclaims beneficial ownership beyond his pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider Topper Joseph V. Jr.
Role Director, 10% Owner
Bought 1,801 shs ($36K)
Type Security Shares Price Value
Purchase Common Units 1,801 $19.7369 $36K
Holdings After Transaction: Common Units — 1,859,450 shares (Indirect, By Energy Realty Partners, LLC)
Footnotes (1)
  1. These Common Units were purchased under a Rule 10b5-1 trading plan. The Reporting Person disclaims beneficial ownership of these Common Units except to the extent of his pecuniary interest therein, and the inclusion of these Common Units in this report shall not be deemed an admission of beneficial ownership of all of the reported Common Units for purposes of Section 16 or any other purpose. The price reported in Column 4 is a weighted average price. These units were purchased in multiple transactions on October 10, 2025 at prices ranging from $19.72 to $19.75 inclusive. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of units and price at which the transaction was effected.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Topper Joseph V. Jr.

(Last) (First) (Middle)
645 HAMILTON ST., SUITE 400

(Street)
ALLENTOWN PA 18101

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CrossAmerica Partners LP [ CAPL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
10/10/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Units 10/10/2025 P(1) 1,801 A $19.7369 1,859,450(2)(3) I(2) By Energy Realty Partners, LLC
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. These Common Units were purchased under a Rule 10b5-1 trading plan.
2. The Reporting Person disclaims beneficial ownership of these Common Units except to the extent of his pecuniary interest therein, and the inclusion of these Common Units in this report shall not be deemed an admission of beneficial ownership of all of the reported Common Units for purposes of Section 16 or any other purpose.
3. The price reported in Column 4 is a weighted average price. These units were purchased in multiple transactions on October 10, 2025 at prices ranging from $19.72 to $19.75 inclusive. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of units and price at which the transaction was effected.
Remarks:
/s/ Christina Casey-Best as Attorney in Fact for Joseph V. Topper, Jr. 10/14/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did CAPL insider Joseph V. Topper, Jr. report on Form 4?

He purchased 1,801 common units on 10/10/2025 at a weighted average price of $19.7369 under a Rule 10b5-1 plan.

What is the insider’s ownership in CAPL after the transaction?

Beneficial ownership stands at 1,859,450 common units, held indirectly through Energy Realty Partners, LLC.

What price range were the CAPL units purchased at?

The trades were executed between $19.72 and $19.75 on 10/10/2025.

What roles does the reporting person hold at CAPL?

He is a Director and a 10% Owner.

Was the CAPL purchase made under a trading plan?

Yes, the purchases were made under a Rule 10b5-1 trading plan.

Is all beneficial ownership admitted by the reporter?

No. He disclaims beneficial ownership beyond his pecuniary interest in the reported units.