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Global Partners (NYSE: GLP) COO sells 2,752 common units in March

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
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.
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*
Romaine Mark

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026
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 03/09/2026 S 2,500 D $48(1) 166,609 D
Common Units representing limited partner interests 03/10/2026 S 252 D $48.5 166,357 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. Common Units representing limited partner interests in the Issuer ("Common Units") were sold at a weighted average price. These common units were sold in multiple transactions at prices from $48.00 to $48.10, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Common Units sold at each separate price within the range set forth in this footnote (1) to this Form 4
Erin Powers Brennan, Attorney-in-Fact for Mark Romaine 03/11/2026
** 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.

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.
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