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Global Partners (NYSE: GLP) declares $0.7650 Q1 2026 cash distribution

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

Rhea-AI Filing Summary

Global Partners LP declared a quarterly cash distribution of $0.7650 per common unit for the period from January 1, 2026 through March 31, 2026, equal to $3.06 per unit on an annualized basis.

The distribution will be paid on May 15, 2026 to unitholders of record as of the close of business on May 11, 2026. For non-U.S. investors, brokers are instructed to treat 100% of distributions as effectively connected income and also 100% as in excess of cumulative net income, making them subject to U.S. federal income tax withholding at the highest applicable effective tax rate plus 10%, with nominees serving as withholding agents.

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Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Quarterly distribution per unit $0.7650 per common unit For period January 1, 2026 through March 31, 2026
Annualized distribution $3.06 per common unit Annualized based on declared Q1 2026 distribution
Record date May 11, 2026 Unitholders of record on this date receive Q1 2026 distribution
Payment date May 15, 2026 Scheduled payment date for Q1 2026 cash distribution
ECI attribution for non-U.S. investors 100% of distributions Treated as effectively connected with a U.S. trade or business
Excess over cumulative net income 100% of distributions Used for determining withholding for non-U.S. investors
Additional withholding margin 10% Distributions subject to highest effective tax rate plus 10% for non-U.S. investors
cash distribution financial
"declared a cash distribution of $0.7650 per unit"
A cash distribution is a direct payment of money from a company, fund, or investment vehicle to its shareholders or investors, similar to receiving a portion of the profits or proceeds like a periodic paycheck. It matters to investors because it provides tangible return on their ownership, affects the value left in the business, and can signal financial health or a change in strategy—like a homeowner taking money out of a property rather than reinvesting in it.
qualified notice regulatory
"providing qualified notice to brokers and nominees that hold Global Partners LP units"
A qualified notice is a formal communication that meets the specific wording, timing and delivery rules set out in a contract, corporate policy or law so it is legally effective. Think of it like a certified letter that ticks every checkbox required by an agreement. Investors care because only a qualified notice can trigger rights or changes — such as deadlines, payments, defaults or board actions — and thus can materially affect a company’s obligations and share value.
effectively connected regulatory
"treat one hundred percent (100%) of Global Partners LP’s distributions to non-U.S. investors as being attributable to income that is effectively connected"
Income or gains that are treated for U.S. tax purposes as arising from a taxpayer’s regular business activities in the United States; think of it as money that is 'tied to' active operations in the U.S. rather than passive holdings. Investors care because income deemed effectively connected often faces different tax rates, withholding rules and reporting requirements, which can change after-tax returns and the paperwork or withholding applied to payouts.
withholding agents regulatory
"Nominees, and not Global Partners LP, are treated as the withholding agents responsible for withholding"
A withholding agent is an entity (often an employer, broker, or payer) that is legally required to hold back and remit taxes or other required amounts from payments made to a recipient, such as wages, dividends, interest, or contractor fees. For investors, this matters because withheld amounts affect the cash they receive, determine tax reporting and potential refunds, and influence net returns in cross-border or taxable transactions — like a cashier keeping part of a payment to cover a bill.
forward-looking statements regulatory
"Certain statements and information in this press release may constitute “forward-looking statements.”"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
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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): April 30, 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 April 30, 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 $0.7650 per unit ($3.06 per unit on an annualized basis) on all of its outstanding common units for the period from January 1, 2026 through March 31, 2026. The distribution will be paid on May 15, 2026 to unitholders of record as of the close of business on May 11, 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) Exhibits
99.1 Global Partners LP Press Release dated April 30, 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:  April 30, 2026 By: /s/ Kristin K. Seabrook
    Kristin K. Seabrook
    Chief Legal Officer and Secretary

 

 

 

 

Exhibit 99.1

 

 

FOR IMMEDIATE RELEASE

 

Contacts:  
Gregory B. Hanson Kristin K. Seabrook
Chief Financial Officer Chief Legal Officer and Secretary
Global Partners LP Global Partners LP
(781) 894-8800 (781) 894-8800

 

Global Partners Declares First-Quarter 2026 Cash Distribution of $0.7650 on Common Units

 

Waltham, Mass., April 30, 2026 – Global Partners LP (NYSE: GLP) (“Global Partners” or the “Partnership”) today announced that the Board of Directors of its general partner, Global GP LLC, has declared a cash distribution of $0.7650 per unit ($3.06 per unit on an annualized basis) on all of its outstanding common units for the period from January 1, 2026 through March 31, 2026. The distribution will be paid on May 15, 2026 to unitholders of record as of the close of business on May 11, 2026.

 

Non-U.S. Withholding Information

 

Concurrent with this announcement we are providing qualified notice to brokers and nominees that hold Global Partners LP units on behalf of non-U.S. investors under Treasury Regulation Section 1.1446-4(b) and (d) and Treasury Regulation Section 1.1446(f)-4(c)(2)(iii). Brokers and nominees should treat one hundred percent (100%) of Global Partners LP’s distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. In addition, brokers and nominees should treat one hundred percent (100%) of the distributions as being in excess of cumulative net income for purposes of determining the amount to withhold. Accordingly, Global Partners LP’s distributions to non-U.S. investors are subject to federal income tax withholding at a rate equal to the highest applicable effective tax rate plus ten percent (10%). Nominees, and not Global Partners LP, are treated as the withholding agents responsible for withholding on the distributions received by them on behalf of non-U.S. investors.

 

About Global Partners LP

 

Building on a legacy that began more than 90 years ago, Global Partners has evolved into a Fortune 500 company and industry-leading integrated owner, supplier, and operator of liquid energy terminals, fueling locations, and guest-focused retail experiences. Global Partners operates or maintains dedicated storage at 54 liquid energy terminals—with connectivity to strategic rail, pipeline, and marine assets—spanning from Maine to Florida and into the U.S. Gulf States. Through this extensive network, the company distributes gasoline, distillates, residual oil, and renewable fuels to wholesalers, retailers, and commercial customers. In addition, Global Partners has a large portfolio of owned, leased and/or supplied retail locations across the Northeast states, the Mid-Atlantic, and Texas, providing the fuels people need to keep them on the go at their unique guest-focused convenience destinations. Recognized as one of Fortune’s Most Admired Companies, Global Partners is embracing progress and diversifying to meet the needs of the energy transition.

 

 

 

 

Global Partners, a master limited partnership, trades on the New York Stock Exchange under the ticker symbol “GLP.” For additional information, visit www.globalp.com.

 

Forward-looking Statements

 

Certain statements and information in this press release may constitute “forward-looking statements.” The words “believe,” “expect,” “anticipate,” “plan,” “intend,” “foresee,” “should,” “would,” “could” or other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on Global’s current expectations and beliefs concerning future developments and their potential effect on the Partnership. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting the Partnership will be those that it anticipates. Forward-looking statements involve significant risks and uncertainties (some of which are beyond the Partnership’s control) including, without limitation, uncertainty around the timing of an economic recovery in the United States which will impact the demand for the products we sell and the services that we provide, and assumptions that could cause actual results to differ materially from the Partnership’s historical experience and present expectations or projections. We believe these assumptions are reasonable given currently available information. Our assumptions and future performance are subject to a wide range of business risks, uncertainties and factors, which are described in our filings with the Securities and Exchange Commission (SEC).

 

For additional information regarding known material factors that could cause actual results to differ from the Partnership’s projected results, please see Global’s filings with the SEC, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.

 

Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. Global undertakes no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise.

 

 

###

 

 

 

FAQ

What cash distribution did Global Partners (GLP) declare for Q1 2026?

Global Partners declared a quarterly cash distribution of $0.7650 per common unit for Q1 2026. This covers the period from January 1, 2026 through March 31, 2026 and equals $3.06 per unit on an annualized basis for common unitholders.

When will Global Partners (GLP) pay the Q1 2026 cash distribution?

The Q1 2026 cash distribution will be paid on May 15, 2026. Unitholders must be on record as of the close of business on May 11, 2026 to receive the payment, according to the company’s announcement.

Who is eligible to receive Global Partners’ Q1 2026 distribution?

Holders of Global Partners common units of record as of May 11, 2026 are eligible for the Q1 2026 distribution. Those unitholders will receive a cash payment of $0.7650 per unit on the scheduled payment date of May 15, 2026.

How are Global Partners (GLP) distributions treated for non-U.S. investors?

For non-U.S. investors, brokers must treat 100% of Global Partners’ distributions as income effectively connected with a U.S. trade or business and also 100% as exceeding cumulative net income, guiding the withholding treatment described.

What U.S. tax withholding applies to non-U.S. holders of GLP units?

Distributions to non-U.S. investors are subject to U.S. federal income tax withholding at the highest applicable effective tax rate plus 10%. Brokers and other nominees, not Global Partners itself, are treated as the withholding agents responsible for applying this rate.

Who acts as withholding agent for non-U.S. Global Partners investors?

Nominees and brokers holding Global Partners units for non-U.S. investors are treated as the withholding agents. They are responsible for applying U.S. federal income tax withholding at the required rate on distributions they receive on behalf of these investors.

Filing Exhibits & Attachments

5 documents