GLOBAL PARTNERS LP (GLP) COO sells 15,611 units in March insider trades
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
Net Seller: 15,611 shares ($740,241)
Net Sell
3 txns
Insider
Romaine Mark
Role
Chief Operating Officer
Sold
15,611 shs ($740K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Units representing limited partner interests | 4,735 | $47.76 | $226K |
| Sale | Common Units representing limited partner interests | 7,500 | $47.39 | $355K |
| Sale | Common Units representing limited partner interests | 3,376 | $47.00 | $159K |
Holdings After Transaction:
Common Units representing limited partner interests — 146,874 shares (Direct)
Footnotes (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. 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. 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.
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.