Global Partners GP buys 10,000 GLP units
GLOBAL PARTNERS LP (GLP) reported that its general partner, Global GP LLC, purchased a total of 10,000 common units representing limited partner interests in open‑market transactions on September 17 and 21, 2026.
Rhea-AI Filing Summary
GLOBAL PARTNERS LP (GLP) reported that its general partner, Global GP LLC, purchased a total of 10,000 common units representing limited partner interests in open‑market transactions on September 17 and 21, 2026. The units are being acquired to satisfy obligations under Global Partners LP’s Long-Term Incentive Plan.
The September 17 purchase covered 5,000 units at a weighted average price of $51.08, with trade prices ranging from $50.84 to $51.25. The September 21 purchase covered 5,000 units at a weighted average price of $49.63, with trade prices ranging from $49.07 to $49.93. Global GP LLC disclaims any pecuniary interest and beneficial ownership in these securities for Section 16 purposes.
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Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common units representing limited partner interests F1, F3 | 5,000 | $49.63 | $248K |
| Purchase | Common units representing limited partner interests F1, F2 | 5,000 | $51.08 | $255K |
Footnotes (3)
- F1. 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.
- F2. The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $50.84 to $51.25, 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.
- F3. The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $49.07 to $49.93, 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
Key Terms
weighted average price financial
Long-Term Incentive Plan financial
pecuniary interest financial
beneficial owner regulatory
FAQ
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What insider transactions did GLP disclose in this Form 4?
At what prices were the GLP units purchased in this Form 4?
How many GLP common units did Global GP LLC buy in total?
Why is Global GP LLC purchasing GLP units according to the Form 4?
Does Global GP LLC claim beneficial ownership of the GLP units bought?
Were the GLP insider purchases made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.