GLOBAL PARTNERS LP (GLP) director receives grant of 3,618 Phantom Units

Rhea-AI Filing Summary

HAILER JOHN T reported acquisition or exercise transactions in this Form 4 filing.

GLOBAL PARTNERS LP director John T. Hailer received an equity-based compensation grant in the form of 3,618 Phantom Units on February 26, 2026. Each Phantom Unit represents the right to receive one common unit of the partnership on a one-for-one basis after vesting.

According to the grant terms, 100% of the 3,618 Phantom Units will vest on January 6, 2027, if the vesting conditions in the grant agreement are satisfied. After this filing, Hailer directly held 13,314 common units representing limited partner interests, separate from the Phantom Units.

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^*

HAILER JOHN T

(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)
02/26/2026

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								13,314	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
Phantom Units(1)	$0	02/26/2026		A		3,618		(2)	(2)	Common units representing limited partner interests	3,618	$0	3,618	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, 2026, the Reporting Person was granted 3,618 Phantom Units. Upon satisfying the vesting conditions set forth in the Grant Agreement, 100% of the Phantom Units granted will vest on January 6, 2027.

	Erin Powers Brennan, Attorney-in-Fact for John T. Hailer	03/02/2026
	** 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 John T. Hailer report?

John T. Hailer reported receiving a grant of 3,618 Phantom Units on February 26, 2026 as equity-based compensation. These Phantom Units are a right to receive common units in the future, subject to vesting conditions detailed in the grant agreement.

How do the Phantom Units granted to GLP’s John T. Hailer work?

Each Phantom Unit granted to John T. Hailer represents the right to receive one common unit of GLOBAL PARTNERS LP after vesting. The units convert to common units on a one-for-one basis, provided the vesting conditions set in the February 26, 2026 grant agreement are met.

When will John T. Hailer’s 3,618 GLP Phantom Units vest?

All 3,618 Phantom Units granted to John T. Hailer are scheduled to vest on January 6, 2027. Vesting occurs only if the conditions in the February 26, 2026 grant agreement are satisfied, at which point the Phantom Units convert into common units.

How many GLP common units does John T. Hailer hold after this Form 4?

After this Form 4 filing, John T. Hailer directly held 13,314 common units of GLOBAL PARTNERS LP. These holdings are in addition to the 3,618 Phantom Units, which are a separate equity-based award that may convert into common units upon vesting.

Is the GLP Form 4 for John T. Hailer a purchase or a grant?

The GLP Form 4 for John T. Hailer reports a grant, not an open-market purchase. It shows a grant of 3,618 Phantom Units at a stated price of 0.0000 per unit, reflecting an equity award rather than a cash transaction in the partnership’s common units.