GLP COO sells 15,611 common units in open market
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.
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
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Insider Trade Summary
| 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 |
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. 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
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How many GLOBAL PARTNERS LP (GLP) units did the COO sell?
On what dates did GLP’s COO sell common units?
What prices were GLP units sold for in the COO’s transactions?
How many GLP units does the COO own after these sales?
Were the GLP insider transactions option exercises or straight sales?
Does the Form 4 indicate if GLP’s COO used a trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.