Global Partners (NYSE: GLP) COO sells 2,752 common units in March
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GLOBAL PARTNERS LP Chief Operating Officer Romaine Mark reported open-market sales of 2,752 common units representing limited partner interests. He sold 2,500 units on March 9, 2026 at $48.00 per unit and 252 units on March 10, 2026 at $48.50 per unit. After these transactions, he directly holds 166,357 common units. A footnote states that some units were sold in multiple trades at prices ranging from $48.00 to $48.10, with full breakdowns available on request.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,752 shares ($132,222)
Net Sell
2 txns
Insider
Romaine Mark
Role
Chief Operating Officer
Sold
2,752 shs ($132K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Units representing limited partner interests | 252 | $48.50 | $12K |
| Sale | Common Units representing limited partner interests | 2,500 | $48.00 | $120K |
Holdings After Transaction:
Common Units representing limited partner interests — 166,357 shares (Direct)
Footnotes (1)
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FAQ
What did GLP executive Romaine Mark report in this Form 4?
Romaine Mark, Chief Operating Officer of GLOBAL PARTNERS LP, reported selling 2,752 common units in open-market transactions. These sales occurred over two days in March 2026 and were followed by a reported direct holding of 166,357 common units.
How many GLP units did the COO sell and at what prices?
He sold 2,500 common units at $48.00 per unit on March 9, 2026, and 252 units at $48.50 per unit on March 10, 2026. A footnote notes multiple trades between $48.00 and $48.10 for part of the activity.
How many GLOBAL PARTNERS LP units does the COO hold after these sales?
Following the reported transactions, Romaine Mark directly holds 166,357 common units of GLOBAL PARTNERS LP. This figure reflects his position after completing the two open-market sales disclosed in the Form 4 filing.
What type of transactions were disclosed in this GLP Form 4?
The filing reports open-market sales of non-derivative securities, specifically common units representing limited partner interests. Both transactions are coded "S," indicating sales in the open market or in private transactions under standard SEC Form 4 coding.
Did the GLP COO use options or derivatives in these transactions?
No, the reported transactions involve only non-derivative common units. The derivative section of the filing is empty, indicating there were no option exercises, conversions, or other derivative-related transactions disclosed for these March 2026 trades.
What does the pricing footnote in the GLP Form 4 explain?
The footnote explains that certain common units were sold at a weighted average price, with individual trades occurring between $48.00 and $48.10. It also notes that detailed trade-by-trade prices are available from the reporting person upon request.