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GLOBAL PARTNERS LP (GLP) COO sells 15,611 units in March insider trades

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

GLOBAL PARTNERS LP Chief Operating Officer Mark Romaine reported selling a total of 15,611 common units representing limited partner interests in open-market transactions. The sales occurred over three days at weighted average prices in the high-$47 range.

After these transactions, Romaine directly holds 146,874 common units. The sales represent a relatively small portion of his overall reported holdings and do not involve any derivative exercises or gifts, according to the filing data.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4UNITED 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 MASSACHUSETTS 02453

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
GLOBAL PARTNERS LP [ GLP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Units representing limited partner interests03/16/2026S3,376D$47(1)159,109D
Common Units representing limited partner interests03/17/2026S7,500D$47.39(2)151,609D
Common Units representing limited partner interests03/18/2026S4,735D$47.76(3)146,874D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 $47.00 to $47.03, 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.
2. 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 $47.25 to $47.58, 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 (2) to this Form 4.
3. 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 $47.75 to $47.88, 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 (3) to this Form 4.
Erin Powers Brennan, Attorney-in-Fact for Mark Romaine03/18/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

How many GLOBAL PARTNERS LP (GLP) units did the COO sell?

Mark Romaine sold 15,611 common units of GLOBAL PARTNERS LP in three open-market transactions. These trades took place over consecutive days and used weighted average prices in the high-$47 range, according to the reported Form 4 data.

On what dates did GLP’s COO sell common units?

The reported sales by GLP’s Chief Operating Officer occurred on March 16, March 17, and March 18, 2026. Each date reflects a separate open-market transaction in common units representing limited partner interests at prices around $47 per unit.

What prices were GLP units sold for in the COO’s transactions?

The common units were sold at weighted average prices around the high-$47 range. Footnotes state trades were executed in multiple transactions within ranges of $47.00–$47.03, $47.25–$47.58, and $47.75–$47.88 per unit across the three reported days.

How many GLP units does the COO own after these sales?

Following the reported open-market sales, Mark Romaine directly owns 146,874 common units of GLOBAL PARTNERS LP. This post-transaction holding figure comes from the latest line of the Form 4 and reflects his remaining direct ownership position.

Were the GLP insider transactions option exercises or straight sales?

The reported GLP insider transactions are straight open-market sales of common units, coded as “S.” There are no derivative exercises listed, and the derivative holdings summary is empty, indicating the filing reflects only non-derivative unit sales.

Does the Form 4 indicate if GLP’s COO used a trading plan?

The provided Form 4 data and footnotes describe weighted average sale prices and price ranges but do not mention any Rule 10b5-1 or similar trading plan. The excerpt focuses on pricing details and the number of common units sold.
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