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[8-K] Global Partners LP Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Global Partners LP (NYSE: GLP) filed a Form 8-K (Item 7.01) to disclose a routine preferred-unit distribution. The Board of its general partner declared a quarterly cash distribution of $0.59375 per Series B preferred unit, equivalent to $2.375 annually, covering the period 15 May 2025 – 14 Aug 2025. The distribution will be paid on 15 Aug 2025 to Series B preferred unitholders of record at the opening of business on 1 Aug 2025. No other operational, financial or strategic developments were reported. The information is furnished, not filed, under Regulation FD and is accompanied by the press release (Exhibit 99.1).

Global Partners LP (NYSE: GLP) ha presentato un modulo Form 8-K (Voce 7.01) per comunicare una distribuzione ordinaria di unità privilegiate. Il Consiglio del suo socio accomandatario ha dichiarato una distribuzione trimestrale in contanti di 0,59375 $ per unità privilegiata Serie B, equivalente a 2,375 $ all'anno, relativa al periodo dal 15 maggio 2025 al 14 agosto 2025. La distribuzione sarà corrisposta il 15 agosto 2025 agli azionisti delle unità privilegiate Serie B registrati all'apertura delle contrattazioni del 1 agosto 2025. Non sono stati segnalati altri sviluppi operativi, finanziari o strategici. L'informazione è fornita, non presentata, ai sensi del Regolamento FD ed è accompagnata dal comunicato stampa (Allegato 99.1).

Global Partners LP (NYSE: GLP) presentó un Formulario 8-K (Ítem 7.01) para revelar una distribución rutinaria de unidades preferentes. La Junta de su socio general declaró una distribución trimestral en efectivo de $0.59375 por unidad preferente Serie B, equivalente a $2.375 anuales, correspondiente al período del 15 de mayo de 2025 al 14 de agosto de 2025. La distribución se pagará el 15 de agosto de 2025 a los titulares de unidades preferentes Serie B registrados al inicio de operaciones el 1 de agosto de 2025. No se reportaron otros desarrollos operativos, financieros o estratégicos. La información se proporciona, no se presenta, bajo el Reglamento FD y va acompañada por el comunicado de prensa (Exhibición 99.1).

Global Partners LP (NYSE: GLP)는 정기 우선주 배당을 공개하기 위해 Form 8-K (항목 7.01)를 제출했습니다. 일반 파트너 이사회는 시리즈 B 우선주 단위당 0.59375달러의 분기별 현금 배당을 선언했으며, 이는 연간 2.375달러에 해당하며, 2025년 5월 15일부터 2025년 8월 14일까지의 기간을 포함합니다. 배당금은 2025년 8월 15일에, 2025년 8월 1일 영업 시작 시점에 기록된 시리즈 B 우선주 단위 보유자에게 지급됩니다. 다른 운영, 재무 또는 전략적 개발 사항은 보고되지 않았습니다. 이 정보는 Regulation FD에 따라 제출된 것이 아니라 제공된 것이며 보도자료(첨부 99.1)와 함께 제공됩니다.

Global Partners LP (NYSE : GLP) a déposé un formulaire 8-K (point 7.01) pour divulguer une distribution régulière d’unités privilégiées. Le conseil d’administration de sa société générale a déclaré une distribution trimestrielle en espèces de 0,59375 $ par unité privilégiée de la Série B, équivalente à 2,375 $ annuellement, couvrant la période du 15 mai 2025 au 14 août 2025. La distribution sera versée le 15 août 2025 aux détenteurs d’unités privilégiées de la Série B inscrits à l’ouverture des marchés le 1er août 2025. Aucun autre développement opérationnel, financier ou stratégique n’a été signalé. L’information est fournie, non déposée, conformément au Règlement FD et est accompagnée du communiqué de presse (Exhibit 99.1).

Global Partners LP (NYSE: GLP) hat ein Formular 8-K (Punkt 7.01) eingereicht, um eine routinemäßige Ausschüttung von Vorzugseinheiten bekannt zu geben. Der Vorstand seines Generalpartners hat eine vierteljährliche Bardividende von 0,59375 $ pro Series B Vorzugseinheit beschlossen, was 2,375 $ jährlich entspricht, für den Zeitraum vom 15. Mai 2025 bis zum 14. August 2025. Die Ausschüttung wird am 15. August 2025 an die zum Geschäftsbeginn am 1. August 2025 eingetragenen Inhaber der Series B Vorzugseinheiten ausgezahlt. Es wurden keine weiteren operativen, finanziellen oder strategischen Entwicklungen gemeldet. Die Information wird gemäß Regulation FD bereitgestellt, nicht eingereicht, und ist von der Pressemitteilung (Anlage 99.1) begleitet.

Positive
  • Continuation of preferred cash distributions signals adequate liquidity and no deferral risk for Series B holders.
Negative
  • None.

Insights

TL;DR: Routine preferred distribution; neutral impact on common units

The 9.50% Series B preferred units continue to receive their scheduled dividend, indicating GLP’s stable cash flow and adherence to preferred obligations. Because preferred distributions are cumulative and senior to common payouts, the announcement mainly reassures preferred holders rather than common unitholders. Payment timing and amount are consistent with prior quarters; there is no change to corporate guidance or capital allocation strategy. Therefore, the filing is informational with limited market impact.

Global Partners LP (NYSE: GLP) ha presentato un modulo Form 8-K (Voce 7.01) per comunicare una distribuzione ordinaria di unità privilegiate. Il Consiglio del suo socio accomandatario ha dichiarato una distribuzione trimestrale in contanti di 0,59375 $ per unità privilegiata Serie B, equivalente a 2,375 $ all'anno, relativa al periodo dal 15 maggio 2025 al 14 agosto 2025. La distribuzione sarà corrisposta il 15 agosto 2025 agli azionisti delle unità privilegiate Serie B registrati all'apertura delle contrattazioni del 1 agosto 2025. Non sono stati segnalati altri sviluppi operativi, finanziari o strategici. L'informazione è fornita, non presentata, ai sensi del Regolamento FD ed è accompagnata dal comunicato stampa (Allegato 99.1).

Global Partners LP (NYSE: GLP) presentó un Formulario 8-K (Ítem 7.01) para revelar una distribución rutinaria de unidades preferentes. La Junta de su socio general declaró una distribución trimestral en efectivo de $0.59375 por unidad preferente Serie B, equivalente a $2.375 anuales, correspondiente al período del 15 de mayo de 2025 al 14 de agosto de 2025. La distribución se pagará el 15 de agosto de 2025 a los titulares de unidades preferentes Serie B registrados al inicio de operaciones el 1 de agosto de 2025. No se reportaron otros desarrollos operativos, financieros o estratégicos. La información se proporciona, no se presenta, bajo el Reglamento FD y va acompañada por el comunicado de prensa (Exhibición 99.1).

Global Partners LP (NYSE: GLP)는 정기 우선주 배당을 공개하기 위해 Form 8-K (항목 7.01)를 제출했습니다. 일반 파트너 이사회는 시리즈 B 우선주 단위당 0.59375달러의 분기별 현금 배당을 선언했으며, 이는 연간 2.375달러에 해당하며, 2025년 5월 15일부터 2025년 8월 14일까지의 기간을 포함합니다. 배당금은 2025년 8월 15일에, 2025년 8월 1일 영업 시작 시점에 기록된 시리즈 B 우선주 단위 보유자에게 지급됩니다. 다른 운영, 재무 또는 전략적 개발 사항은 보고되지 않았습니다. 이 정보는 Regulation FD에 따라 제출된 것이 아니라 제공된 것이며 보도자료(첨부 99.1)와 함께 제공됩니다.

Global Partners LP (NYSE : GLP) a déposé un formulaire 8-K (point 7.01) pour divulguer une distribution régulière d’unités privilégiées. Le conseil d’administration de sa société générale a déclaré une distribution trimestrielle en espèces de 0,59375 $ par unité privilégiée de la Série B, équivalente à 2,375 $ annuellement, couvrant la période du 15 mai 2025 au 14 août 2025. La distribution sera versée le 15 août 2025 aux détenteurs d’unités privilégiées de la Série B inscrits à l’ouverture des marchés le 1er août 2025. Aucun autre développement opérationnel, financier ou stratégique n’a été signalé. L’information est fournie, non déposée, conformément au Règlement FD et est accompagnée du communiqué de presse (Exhibit 99.1).

Global Partners LP (NYSE: GLP) hat ein Formular 8-K (Punkt 7.01) eingereicht, um eine routinemäßige Ausschüttung von Vorzugseinheiten bekannt zu geben. Der Vorstand seines Generalpartners hat eine vierteljährliche Bardividende von 0,59375 $ pro Series B Vorzugseinheit beschlossen, was 2,375 $ jährlich entspricht, für den Zeitraum vom 15. Mai 2025 bis zum 14. August 2025. Die Ausschüttung wird am 15. August 2025 an die zum Geschäftsbeginn am 1. August 2025 eingetragenen Inhaber der Series B Vorzugseinheiten ausgezahlt. Es wurden keine weiteren operativen, finanziellen oder strategischen Entwicklungen gemeldet. Die Information wird gemäß Regulation FD bereitgestellt, nicht eingereicht, und ist von der Pressemitteilung (Anlage 99.1) begleitet.

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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): July 14, 2025

 

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 July 14, 2025, 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 May 15, 2025 through August 14, 2025. On August 15, 2025, the Partnership will pay such cash distribution to its Series B preferred unitholders of record as of the opening of business on August 1, 2025.

 

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 July 14, 2025
   
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:  July 14, 2025 By: /s/ Sean T. Geary
    Sean T. Geary
    Chief Legal Officer and Secretary

 

 

 

FAQ

What distribution did Global Partners LP (GLP) declare for its Series B preferred units?

GLP declared a $0.59375 quarterly cash distribution per Series B preferred unit.

When is the Series B preferred distribution payable?

The payment date is August 15, 2025.

What is the record date for GLP’s Series B preferred distribution?

Holders must be on record at the opening of business on August 1, 2025.

What is the annualized rate of the Series B preferred distribution?

The annualized rate is $2.375 per unit, consistent with the 9.50% fixed rate.

Does this 8-K contain new information for common unitholders?

No material updates for common units were provided; the filing pertains solely to the Series B preferred distribution.
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