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Global Partners (NYSE: GLP) sets Series B preferred cash payout

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Global Partners LP announced that the Board of Directors of its general partner has declared a quarterly cash distribution on its 9.50% fixed-rate Series B preferred units. The distribution is $0.59375 per unit, which equals $2.375 per unit on an annualized basis, for the period from November 15, 2025 through February 14, 2026. The Partnership will pay this cash distribution on February 17, 2026 to Series B preferred unitholders of record as of the opening of business on February 2, 2026.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of report (Date of earliest event reported): January 12, 2026

 

GLOBAL PARTNERS LP

(Exact name of registrant as specified in its charter)

 

Delaware 001-32593 74-3140887

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

 

P.O. Box 9161

800 South Street

Waltham, Massachusetts 02454-9161

(Address of Principal Executive Offices)

 

(781) 894-8800

(Registrant’s telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Units representing limited partner interests   GLP   New York Stock Exchange
         
9.50% Series B Fixed Rate Cumulative Redeemable Perpetual Preferred Units representing limited partner interests   GLP pr B   New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company  ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

  

 

 

Item 7.01.Regulation FD Disclosure

 

On January 12, 2026, Global Partners LP (the “Partnership”) issued a press release announcing that the Board of Directors of its general partner, Global GP LLC, declared a quarterly cash distribution of $0.59375 per unit ($2.375 per unit on an annualized basis) on the Partnership’s 9.50% fixed-rate Series B preferred units for the period from November 15, 2025 through February 14, 2026. On February 17, 2026, the Partnership will pay such cash distribution to its Series B preferred unitholders of record as of the opening of business on February 2, 2026.

 

A copy of the Partnership’s press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

 

In accordance with General Instruction B.2 of Form 8-K, the information set forth in this Item 7.01 and in Exhibit 99.1 shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, unless the Partnership specifically states that the information is to be considered “filed” under the Exchange Act or incorporates it by reference into a filing under the Exchange Act or the Securities Act of 1933, as amended.

 

Item 9.01.Financial Statements and Exhibits

 

   (d) Exhibit
99.1 Global Partners LP Press Release dated January 12, 2026
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

  GLOBAL PARTNERS LP
     
  By: Global GP LLC
    its general partner
     
     
Dated:  January 12, 2026 By: /s/ Kristin K. Seabrook
    Kristin K. Seabrook
    Chief Legal Officer and Secretary

 

 

 

FAQ

What did Global Partners LP (GLP) announce regarding its Series B preferred units?

Global Partners LP announced that the Board of Directors of its general partner declared a quarterly cash distribution on its 9.50% fixed-rate Series B preferred units.

How much is the quarterly cash distribution on GLPs Series B preferred units?

The quarterly cash distribution is $0.59375 per Series B preferred unit, equal to $2.375 per unit on an annualized basis.

What period does the declared Series B preferred distribution for GLP cover?

The declared distribution covers the period from November 15, 2025 through February 14, 2026.

When will Global Partners LP pay the Series B preferred cash distribution?

Global Partners LP will pay the cash distribution on February 17, 2026.

Who is eligible to receive the Global Partners LP Series B preferred distribution?

Series B preferred unitholders of record as of the opening of business on February 2, 2026 are eligible to receive the distribution.

Which Global Partners LP securities are listed on the New York Stock Exchange?

Global Partners LP has its Common Units representing limited partner interests and its 9.50% Series B Fixed Rate Cumulative Redeemable Perpetual Preferred Units representing limited partner interests listed on the New York Stock Exchange.

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