Global Partners (NYSE: GLP) GP LLC buys 10,000 units for LTIP

Rhea-AI Filing Summary

Global GP LLC, the general partner of Global Partners LP, purchased a total of 10,000 common units representing limited partner interests in open-market transactions on two consecutive days. The units were bought at weighted average prices of $49.44 and $50.17 per unit across price ranges from $49.09 to $50.50.

According to the disclosure, Global GP LLC is purchasing these common units to satisfy obligations under previously granted awards in the Global Partners LP Long-Term Incentive Plan, and it disclaims any pecuniary interest in the securities. Following these transactions, it is reported as holding 126,584 common units.

Insider Trade Summary

Net Buyer: 10,000 shares ($498,050)

Net Buy 2 txns

Insider Global GP LLC

Role null

Bought 10,000 shs ($498K)

Type	Security	Shares	Price	Value
Purchase	Common units representing limited partner interests	5,000	$50.17	$251K
Purchase	Common units representing limited partner interests	5,000	$49.44	$247K

Holdings After Transaction: Common units representing limited partner interests — 126,584 shares (Direct, null)

Footnotes (1)

1. Global GP LLC is purchasing common units for the purpose of satisfying obligations pursuant to awards previously granted to directors and officers under the Global Partners LP Long-Term Incentive Plan ("LTIP"). The reporting person disclaims any pecuniary interest in these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for the purpose of Section 16. The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $49.09 to $49.87, inclusive. The reporting person undertakes to provide to Global Partners LP, any security holder of Global Partners LP, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units purchased at each separate price within the ranges set forth in this footnote (2) to this Form 4. The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $49.87 to $50.50, inclusive. The reporting person undertakes to provide to Global Partners LP, any security holder of Global Partners LP, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units purchased at each separate price within the ranges set forth in this footnote (3) to this Form 4.

Key Figures

First purchase size: 5,000 units First purchase price: $49.44 per unit Second purchase size: 5,000 units +5 more

8 metrics

First purchase size 5,000 units Common units bought on June 9 in open market

First purchase price $49.44 per unit Weighted average price for June 9 trades

Second purchase size 5,000 units Common units bought on June 10 in open market

Second purchase price $50.17 per unit Weighted average price for June 10 trades

Holdings after transactions 126,584 units Common units representing limited partner interests

Lower price range $49.09–$49.87 Range for the June 9 weighted average purchase

Higher price range $49.87–$50.50 Range for the June 10 weighted average purchase

Total net shares bought 10,000 units Net buy across two open-market transactions

Key Terms

Long-Term Incentive Plan, weighted average price, pecuniary interest, beneficial owner, +1 more

5 terms

Long-Term Incentive Plan financial

"awards previously granted to directors and officers under the Global Partners LP Long-Term Incentive Plan"

A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

pecuniary interest financial

"The reporting person disclaims any pecuniary interest in these securities"

beneficial owner financial

"shall not be deemed an admission that the reporting person is the beneficial owner of the securities"

A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.

open-market purchase financial

"transaction_action: open-market purchase"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

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Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Global GP LLC

(Last) (First) (Middle)

C/O GLOBAL PARTNERS LP

800 SOUTH STREET, SUITE 500

(Street)

WALTHAM MASSACHUSETTS 02453

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/09/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	06/09/2026		P(1)		5,000	A	$49.44(2)	121,584(1)	D
Common units representing limited partner interests	06/10/2026		P(1)		5,000	A	$50.17(3)	126,584(1)	D

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

Explanation of Responses:

1. Global GP LLC is purchasing common units for the purpose of satisfying obligations pursuant to awards previously granted to directors and officers under the Global Partners LP Long-Term Incentive Plan ("LTIP"). The reporting person disclaims any pecuniary interest in these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for the purpose of Section 16.

2. The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $49.09 to $49.87, inclusive. The reporting person undertakes to provide to Global Partners LP, any security holder of Global Partners LP, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units purchased at each separate price within the ranges set forth in this footnote (2) to this Form 4.

3. The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $49.87 to $50.50, inclusive. The reporting person undertakes to provide to Global Partners LP, any security holder of Global Partners LP, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units purchased at each separate price within the ranges set forth in this footnote (3) to this Form 4.

	Erin Powers Brennan, Attorney-in-Fact for Global GP LLC	06/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Global GP LLC report for Global Partners LP (GLP)?

Global GP LLC reported buying 10,000 Global Partners LP common units in two open-market purchases. The trades occurred on June 9 and June 10 at weighted average prices around $49–$50 per unit, increasing its reported holdings to 126,584 units.

At what prices did Global GP LLC purchase GLP common units?

Global GP LLC bought 5,000 GLP units at a weighted average price of $49.44 and another 5,000 at $50.17. The filing notes price ranges of $49.09–$49.87 and $49.87–$50.50 across multiple individual trades.

How many Global Partners LP (GLP) units does Global GP LLC hold after these trades?

After the reported purchases, Global GP LLC is shown holding 126,584 Global Partners LP common units. This total reflects the addition of 10,000 units acquired in the two June transactions disclosed in the Form 4 filing.

Why did Global GP LLC buy GLP units according to the Form 4 footnotes?

The filing states Global GP LLC is purchasing GLP common units to satisfy obligations under awards previously granted to directors and officers through the Long-Term Incentive Plan. It also disclaims any pecuniary interest or beneficial ownership for Section 16 purposes.

Does Global GP LLC treat these GLP purchases as beneficial ownership?

No. The footnote explains that Global GP LLC disclaims any pecuniary interest in the purchased GLP units. The report states it should not be deemed an admission that Global GP LLC is the beneficial owner of these securities for Section 16 purposes.