CrossAmerica Partners (NYSE: CAPL) director gains 3,154 common units
Rhea-AI Filing Summary
CrossAmerica Partners LP director Kenneth G. Valosky exercised vested phantom units on July 23, 2026, converting 3,154 phantom units, each economically equivalent to one common unit, into 3,154 common units. Following this conversion, he directly holds 26,958 common units representing limited partner interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,154 shares
Net Buy
2 txns
Insider
Valosky Kenneth G
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Phantom Units F2, F1 | 0 | -- | -- |
| Exercise | Common Units F1 | 3,154 | -- | -- |
Holdings After Transaction:
Phantom Units — 0 shares (Direct);
Common Units — 26,958 shares (Direct)
Footnotes (2)
- F1. Each phantom unit was the economic equivalent of one common unit ("Common Unit") representing a limited partner interest in CrossAmerica Partners LP (the "Issuer"). The reporting person acquired Common Units upon vesting of the phantom units.
- F2. Phantom units vested on July 23, 2026 and were converted into Common Units at the discretion of the Issuer.
Key Figures
Common units acquired via conversion: 3,154 units
Total common units held after transaction: 26,958 units
Phantom units converted: 3,154 units
3 metrics
Common units acquired via conversion
3,154 units
Vesting and conversion of phantom units on July 23, 2026
Total common units held after transaction
26,958 units
Direct holdings for Kenneth G. Valosky after July 23, 2026 conversion
Phantom units converted
3,154 units
Phantom units economically equivalent to common units converted into common units
Key Terms
Phantom Units, Common Units, limited partner interest
3 terms
Phantom Units financial
"Each phantom unit was the economic equivalent of one common unit"
Phantom units are a form of employee compensation that mimics ownership in a company without issuing real shares: recipients receive cash or stock value tied to the company’s share price or performance when the units vest. They matter to investors because phantom units align employee incentives with shareholder value while avoiding share dilution; however, they create future cash obligations and can affect a company’s financial statements and cash flow.
Common Units financial
"economic equivalent of one common unit ("Common Unit") representing a limited partner interest"
Common units are the basic ownership stakes in a company, limited partnership, or trust that function like common stock: they give holders a claim on profits and often voting rights. Think of them as the ordinary seats at a table—the most directly affected by the business’s success or failure, so they typically offer higher upside but carry greater risk than preferred claims or creditors, which matters to investors evaluating potential return and safety.
limited partner interest financial
"one common unit ("Common Unit") representing a limited partner interest in CrossAmerica Partners LP"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did CrossAmerica Partners LP (CAPL) disclose for Kenneth G. Valosky?
Kenneth G. Valosky exercised vested phantom units on July 23, 2026, converting 3,154 phantom units into 3,154 common units. The phantom units were compensation instruments economically equivalent to common units.
How many CrossAmerica Partners LP (CAPL) common units does Kenneth G. Valosky own after this Form 4 transaction?
After the reported transaction, Kenneth G. Valosky directly owns 26,958 common units of CrossAmerica Partners LP. These units were partly obtained through the vesting and conversion of 3,154 phantom units on July 23, 2026.
What are phantom units in the CrossAmerica Partners LP (CAPL) filing?
The filing states each phantom unit was the economic equivalent of one common unit. Upon vesting on July 23, 2026, these phantom units were converted into common units representing limited partner interests in CrossAmerica Partners LP.
Did Kenneth G. Valosky sell any CrossAmerica Partners LP (CAPL) common units in this Form 4?
No sales of common units are reported. The Form 4 shows a derivative exercise: 3,154 phantom units vested and were converted into 3,154 common units, increasing his directly held common units to 26,958.
When did the phantom units vest and convert in the CrossAmerica Partners LP (CAPL) Form 4?
The phantom units vested on July 23, 2026 and were converted into common units at the discretion of the issuer. On that date, 3,154 phantom units were exchanged for an equal number of common units.