Every 8-K that Global Partners LP (GLP) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow GLP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GLP filings page.
Global Partners LP reported substantially higher second-quarter 2026 results, with net income of $71.0 million and diluted earnings of $1.86 per common limited partner unit, compared with $25.2 million and $0.55 a year earlier. Total sales were $6.8 billion versus $4.6 billion, while gross profit increased to $328.9 million from $272.4 million.
EBITDA was $146.0 million and adjusted EBITDA $148.2 million, up from $95.7 million and $98.2 million. Distributable cash flow was $92.6 million and adjusted distributable cash flow $92.5 million, compared with $52.0 million and $52.3 million. Combined product margin grew to $362.2 million from $305.7 million, driven by higher product margins across Gasoline Distribution and Station Operations, Wholesale and Commercial segments. Management highlighted “strong contributions in all of our segments” and said the asset base and balance sheet support disciplined capital deployment and long-term growth.
Global Partners LP redeemed all of its 3,000,000 Series B Fixed Rate Cumulative Redeemable Perpetual Preferred Units on July 30, 2026. Each unit was redeemed at a $25.00 per unit redemption price plus a cash distribution for the period from May 15, 2026 through July 29, 2026, less applicable tax withholding. The redemption price and cash distribution were paid in full on July 30, 2026, and the Series B Preferred Units are no longer outstanding.
Global Partners LP declared a quarterly cash distribution of $0.7800 per common unit for the period from April 1, 2026 through June 30, 2026, equivalent to $3.12 per unit on an annualized basis. The distribution will be paid on August 14, 2026 to unitholders of record as of the close of business on August 10, 2026.
For non-U.S. investors, brokers and nominees are instructed to treat 100% of distributions as income effectively connected with a United States trade or business and as exceeding cumulative net income. As a result, these distributions are subject to federal income tax withholding at a rate equal to the highest applicable effective tax rate plus 10%, with nominees acting as the withholding agents.
Global Partners LP plans to fully redeem its Series B Fixed Rate Cumulative Redeemable Perpetual Preferred Units on July 30, 2026. Holders will receive a cash redemption price of $25.00 per Series B Preferred Unit plus all unpaid and accrued distributions up to, but excluding, the redemption date.
After the redemption, no Series B Preferred Units will remain outstanding, and all holder rights will end other than the right to receive the redemption payment. Trading of the Series B Preferred Units on the New York Stock Exchange will cease before the market opens on the redemption date.
Global Partners LP reported sharply improved first-quarter 2026 results. Net income rose to $70.1 million, or $1.85 per diluted common unit, up from $18.7 million, or $0.36, a year earlier. Sales increased to $5.32 billion from $4.59 billion, while gross profit grew to $332.2 million from $255.2 million.
Profitability and cash generation strengthened across segments. EBITDA increased to $142.1 million and adjusted EBITDA to $140.4 million, compared with $91.9 million and $91.3 million in 2025. Distributable cash flow nearly doubled to $96.4 million, and adjusted distributable cash flow reached $96.8 million. Combined product margin rose to $365.1 million, supported by stronger Wholesale, GDSO and Commercial margins.
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.
Global Partners LP declared a quarterly cash distribution of $0.59375 per unit, or $2.375 per unit on an annualized basis, on its 9.50% fixed-rate Series B preferred units for the period from February 15, 2026 through May 14, 2026.
The distribution will be paid on May 15, 2026 to Series B preferred unitholders of record as of the opening of business on May 1, 2026. The partnership also provided tax guidance stating that brokers should treat 100% of distributions to non-U.S. investors as effectively connected income and in excess of cumulative net income, subject to federal withholding at the highest applicable effective tax rate plus 10%.
Global Partners LP increased the borrowing capacity under its existing credit agreement by exercising an accordion feature to add $300 million of Aggregate Interim Commitments. This increase is effective from March 13, 2026 for up to 364 days, after which the Aggregate WC Interim Commitment will automatically drop to zero.
The partnership also received lender approval to reallocate up to $200 million of Aggregate Revolver Commitment to Aggregate WC Commitments at its option. All other material terms of the credit agreement remain unchanged from those described in its annual report for the year ended December 31, 2025.
Global Partners LP reported modestly higher fourth-quarter 2025 profitability but softer full-year earnings versus 2024. Q4 2025 net income was $25.1 million, or $0.54 per diluted common unit, up slightly from $23.9 million, or $0.52, a year earlier. Full-year 2025 net income was $98.0 million, or $2.11 per diluted unit, down from $110.3 million, or $2.41, in 2024.
Q4 sales rose to $4.6 billion from $4.2 billion, driven mainly by higher Wholesale volume, with total quarterly volume increasing to 2.1 billion gallons from 1.8 billion. Segment performance was mixed: Gasoline Distribution and Station Operations product margin increased to $231.3 million, while Wholesale product margin fell to $58.3 million and Commercial product margin declined to $6.0 million, reflecting less favorable conditions in several markets.
Full-year EBITDA was $378.8 million compared with $389.4 million in 2024, and adjusted EBITDA was $383.0 million versus $389.1 million. Full-year distributable cash flow was $189.1 million, with adjusted DCF of $190.9 million, both below 2024 levels, indicating slightly lower cash generation even as gross profit and combined product margin held around $1.1–$1.2 billion.
Global Partners LP declared a quarterly cash distribution of $0.7600 per common unit, or $3.04 per unit on an annualized basis, for the period from October 1, 2025 through December 31, 2025. The distribution will be paid on February 13, 2026 to unitholders of record as of the close of business on February 9, 2026.
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.
Global Partners LP detailed a new employment agreement with longtime legal executive Sean T. Geary as he transitions from Chief Legal Officer to Senior Legal Advisor effective January 1, 2026. The agreement runs through December 31, 2026 and automatically renews for one-year terms unless either side gives at least 90 days’ notice.
Geary will receive an annual base salary of $325,000 and remains eligible for discretionary cash bonuses, participation in the 2025 short-term incentive plan, long-term incentive plans, and standard employee benefit programs. If his employment ends due to death, disability, termination without Cause, or Constructive Termination, he is entitled to accrued compensation, a lump-sum payment equal to 100% of base salary, a pro-rated discretionary bonus, and up to 18 months of continued insurance premiums.
If the General Partner chooses not to renew the agreement, Geary would receive accrued obligations, a lump sum equal to 50% of base salary, and a bonus for that year. The agreement also includes confidentiality, non-competition, and non-solicitation covenants, with a separate payment equal to 50% of his highest recent base salary in consideration for complying with the non-compete.
Global Partners LP furnished a press release announcing its third quarter 2025 financial results. The press release includes non-GAAP financial measures with reconciliations to the most comparable GAAP metrics. The materials were provided under Item 2.02 and incorporated into Item 7.01.
The information in these items, including Exhibit 99.1, is furnished and not deemed filed under the Exchange Act. Listed securities include common units (GLP) and 9.50% Series B preferred units (GLP pr B).
Global Partners LP announced a quarterly cash distribution of $0.7550 per common unit (equivalent to $3.02 per unit on an annualized basis) for the period from July 1, 2025 through September 30, 2025.
The distribution is payable on November 14, 2025 to unitholders of record as of the close of business on November 10, 2025. The declaration was made by the Board of Directors of its general partner, Global GP LLC, and was communicated via press release attached as Exhibit 99.1.
Global Partners LP (GLP) announced a quarterly cash distribution of $0.59375 per unit on its 9.50% fixed-rate Series B preferred units. The distribution covers the period from August 15, 2025 through November 14, 2025 and is payable on November 17, 2025 to Series B preferred unitholders of record as of the opening of business on November 3, 2025. On an annualized basis, this equates to $2.375 per unit.
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 (GLP) filed an 8-K to disclose completion of a $450 million private placement of 7.125% senior notes due 2033. The notes, issued by GLP and wholly-owned subsidiary GLP Finance Corp., were executed under an Indenture dated 23 June 2025 with Regions Bank as trustee and are joint-and-several senior unsecured obligations of the issuers and designated guarantor subsidiaries.
Key terms: the notes mature 1 July 2033; interest accrues at 7.125% and is payable semi-annually beginning 1 January 2026. Prior to 1 July 2028 the issuers may redeem up to 35% with equity-offering proceeds at 107.125% of par, or redeem all notes at a make-whole price. Thereafter, optional redemption prices step down to 103.563% (2028-29), 101.781% (2029-30) and 100% from 1 July 2030 forward.
The Indenture contains restrictive covenants limiting additional indebtedness, preferred unit issuance, restricted payments, subsidiary distributions, liens, asset sales and mergers. Events of default include non-payment, covenant breaches, certain bankruptcy events and cross-acceleration/payment defaults over $50 million, as well as judgment defaults exceeding $50 million.
Use of proceeds: GLP applied the net proceeds to (i) fund a cash tender offer purchasing a portion of its outstanding 7.00% senior notes due 2027 and (ii) repay borrowings under its credit agreement. Any 2027 notes not tendered will be fully redeemed at 100% of principal plus accrued interest on or about 1 August 2025, following delivery of a redemption notice to the trustee.
Strategic impact: the transaction extends GLP’s debt maturity profile by six years, reduces near-term refinancing risk and partially de-leverages the revolving credit facility, though it locks in a coupon 12.5 basis points higher than the retired 2027 notes and increases unsecured debt until the redemption and credit-facility pay-down are completed.