Global Partners LP (GLP) director Jaime Pereira logs 2,149-unit equity vesting

Rhea-AI Filing Summary

Global Partners LP director Jaime Pereira reported the vesting of an equity award and corresponding issuance of common units. On January 6, 2026, 2,149 Phantom Units converted on a one-for-one basis into 2,149 common units representing limited partner interests, at a price of $0 per unit under a grant agreement dated February 26, 2025.

After this transaction, Pereira beneficially owned 13,814 common units directly. In addition, 2,000 common units were held indirectly through the Cynthia A. Pereira Revocable Trust dated April 30, 2014. Each phantom unit is described as economically equivalent to one common unit.

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

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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^*

Pereira Jaime

(Last) (First) (Middle)

C/O GLOBAL PARTNERS LP

800 SOUTH STREET, SUITE 500

(Street)

WALTHAM MA 02453

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GLOBAL PARTNERS LP [ GLP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/06/2026

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 representing limited partner interests(1)	01/06/2026		M		2,149(2)	A	$0	13,814	D
Common units representing limited partner interests								2,000	I	By the Cynthia A. Pereira Revocable Trust dated April 30, 2014.

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
Phantom Units(3)	$0	01/06/2026		M			2,149	(2)	(2)	Common units representing limited partner interests	2,149	$0	0	D

Explanation of Responses:

1. Each phantom unit representing the right to receive one Common Unit upon vesting ("Phantom Unit") converts into a common unit representing a limited partner interest in the Issuer ("Common Unit") on a one-for-one basis.

2. Pursuant to a Grant Agreement dated February 26, 2025, the Reporting Person was granted 2,149 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units vested 100% on January 6, 2026.

3. Each phantom unit is the economic equivalent of one Common Unit.

Remarks:

Exhibit Index: 24.1 Power of Attorney

	Erin Powers Brennan, Attorney-in-Fact for Jaime Pereira	01/07/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did GLP director Jaime Pereira report?

Jaime Pereira reported the vesting and conversion of 2,149 Phantom Units into 2,149 common units of Global Partners LP on January 6, 2026, at a price of $0 per unit.

How many Global Partners LP (GLP) units does Jaime Pereira own after this transaction?

Following the reported transaction, Jaime Pereira beneficially owned 13,814 common units directly and 2,000 common units indirectly through the Cynthia A. Pereira Revocable Trust dated April 30, 2014.

What are Phantom Units in the context of GLP and how do they convert?

For Global Partners LP, each Phantom Unit represents the right to receive one common unit upon vesting, converting on a one-for-one basis into common units representing limited partner interests.

When did Jaime Pereira’s GLP Phantom Units vest?

Under a grant agreement dated February 26, 2025, the 2,149 Phantom Units granted to Jaime Pereira vested 100% on January 6, 2026, triggering conversion into common units.

What is the economic effect of GLP Phantom Units mentioned in this filing?

The filing states that each Phantom Unit is the economic equivalent of one common unit, meaning its value tracks the value of a common unit of Global Partners LP.

Is there an indirect ownership component in Jaime Pereira’s GLP holdings?

Yes. The filing reports 2,000 common units held indirectly by the Cynthia A. Pereira Revocable Trust dated April 30, 2014, in addition to Pereira’s direct holdings.