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CAPL (CAPL) CFO Maura Topper reports equity awards and tax withholding units

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

Rhea-AI Filing Summary

CrossAmerica Partners LP director and CFO Maura Topper reported equity-based compensation activity involving Common Units. On February 24, 2026, Topper received 1,944 fully vested Common Units under the 2025 Performance-Based Bonus Compensation Policy and 2,301 fully vested Common Units from a 2022 Performance Unit Award, both recorded at $0.00 per unit.

On the same date, Topper disposed of 663 Common Units and 784 Common Units at a price of $20.78 per unit to cover tax withholding obligations, with units withheld rather than sold in an open-market transaction, as described in the footnotes.

Positive

  • None.

Negative

  • None.
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).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Topper Maura

(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 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026
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 02/24/2026 A 1,944 A (1) 24,169 D
Common Units 02/24/2026 F 663(2) D $20.78(3) 23,506 D
Common Units 02/24/2026 A 2,301 A (4) 25,807 D
Common Units 02/24/2026 F 784(2) D $20.78(3) 25,023 D
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. Fully vested common units acquired through the 2025 Performance-Based Bonus Compensation Policy.
2. Common units withheld in payment of the reporting person's tax withholding.
3. The closing price of Issuer's common units on the trading day prior to the applicable date.
4. Fully vested common units acquired through the 2022 Performance Unit Award.
Remarks:
/s/ Christina Casey-Best as Attorney in Fact for Maura Topper 02/25/2026
** 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 insider transactions did CAPL CFO Maura Topper report on February 24, 2026?

Maura Topper reported equity compensation transactions on February 24, 2026. She acquired fully vested Common Units through a performance-based bonus and a prior performance unit award, and had additional units withheld to satisfy tax obligations tied to those awards.

How many CrossAmerica Partners (CAPL) units did Maura Topper acquire as awards?

Maura Topper acquired 1,944 fully vested Common Units under the 2025 Performance-Based Bonus Compensation Policy and 2,301 fully vested Common Units from a 2022 Performance Unit Award, both recorded at a price of $0.00 per unit as equity compensation.

Why were some CAPL units disposed of in Maura Topper’s Form 4 filing?

The Form 4 shows dispositions labeled as tax-withholding transactions. A total of 663 and 784 Common Units were withheld at $20.78 per unit to cover Maura Topper’s tax withholding obligations related to her equity awards, rather than open-market sales.

Were Maura Topper’s CAPL unit acquisitions open-market purchases?

The reported acquisitions were not open-market purchases. They were fully vested Common Units granted as compensation under the 2025 Performance-Based Bonus Compensation Policy and a 2022 Performance Unit Award, both recorded at $0.00 per unit on the transaction date.

How is the $20.78 price per CAPL unit used in Maura Topper’s tax transactions?

The $20.78 per-unit price reflects the closing price of CrossAmerica Partners’ Common Units on the trading day before the relevant date. This price was used to value units withheld to satisfy Maura Topper’s tax withholding obligations on her equity compensation awards.
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754.02M
18.12M
Oil & Gas Refining & Marketing
Wholesale-petroleum & Petroleum Products (no Bulk Stations)
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United States
ALLENTOWN