Global Partners LP (GLP) general partner reports 3,495-unit insider purchases

Rhea-AI Filing Summary

Global Partners LP’s general partner reports open-market unit purchases. A Form 4 filing shows that Global GP LLC, identified as a general partner and 10% owner of Global Partners LP (GLP), bought common units representing limited partner interests in two transactions.

On 11/26/2025, Global GP LLC purchased 1,701 common units at a weighted average price of $44.10, and on 12/01/2025 it purchased an additional 1,794 common units at a weighted average price of $43.97. After these purchases, the reporting person beneficially owned 198,315 common units in total.

The filing explains that Global GP LLC is purchasing these units to satisfy obligations under the Global Partners LP Long-Term Incentive Plan for directors and officers, and states that the reporting person disclaims any pecuniary interest in these securities.

Insider Trade Summary

Net Buyer: 3,495 shares ($153,896)

Net Buy 2 txns

Insider Global GP LLC

Role Insider

Bought 3,495 shs ($154K)

Type	Security	Shares	Price	Value
Purchase	Common units representing limited partner interests	1,794	$43.97	$79K
Purchase	Common units representing limited partner interests	1,701	$44.10	$75K

Holdings After Transaction: Common units representing limited partner interests — 198,315 shares (Direct)

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 $43.79 to $44.19, 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 $43.47 to $44.18, 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.

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
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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 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
	Officer (give title below)	X	Other (specify below)
			General Partner

3. Date of Earliest Transaction (Month/Day/Year)
11/26/2025

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	11/26/2025		P(1)		1,701	A	$44.1(2)	196,521(1)	D
Common units representing limited partner interests	12/01/2025		P(1)		1,794	A	$43.97(3)	198,315(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 $43.79 to $44.19, 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 $43.47 to $44.18, 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	12/01/2025
	** 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.
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FAQ

What insider transaction did GLP report in this Form 4?

The filing reports that Global GP LLC, a general partner and 10% owner of Global Partners LP (GLP), purchased common units representing limited partner interests in two open-market transactions.

How many GLP units did Global GP LLC purchase and at what prices?

Global GP LLC bought 1,701 common units on 11/26/2025 at a weighted average price of $44.10, and 1,794 common units on 12/01/2025 at a weighted average price of $43.97.

How many GLP units does the reporting person beneficially own after these trades?

Following the reported transactions, the filing shows that Global GP LLC beneficially owned 198,315 common units representing limited partner interests of Global Partners LP.

Why is Global GP LLC purchasing GLP common units according to the filing?

The explanation states that Global GP LLC is purchasing common units to satisfy obligations under awards previously granted to directors and officers under the Global Partners LP Long-Term Incentive Plan (LTIP).

Does the reporting person claim economic ownership of these GLP units?

The filing states that the reporting person disclaims any pecuniary interest in the securities and that the report should not be deemed an admission of beneficial ownership for Section 16 purposes.

Were the GLP unit purchases made in multiple trades within price ranges?

Yes. For the 11/26/2025 transaction, the weighted average price of $44.10 reflects purchases between $43.79 and $44.19. For the 12/01/2025 transaction, the weighted average price of $43.97 reflects purchases between $43.47 and $44.18.