Global Partners GP buys 15,000 GLP units

Global GP LLC, the general partner of GLP, bought 15,000 common units in open-market trades to meet Long-Term Incentive Plan obligations while disclaiming beneficial ownership.

Rhea-AI Filing Summary

GLOBAL PARTNERS LP (GLP) reports that its general partner, Global GP LLC, purchased a total of 15,000 common units representing limited partner interests in three open-market transactions on September 14–16, 2026. The units were bought to satisfy obligations under the Global Partners LP Long-Term Incentive Plan, and Global GP LLC disclaims pecuniary interest and beneficial ownership of these securities.

Insider Trade Summary

Net Buyer: 15,000 shares

Net Buy 3 txns

Insider Global GP LLC

Role Insider

Bought 15,000 shs ($768K)

Type	Security	Shares	Price	Value
Purchase	Common units representing limited partner interests F1, F4	5,000	$50.55	$253K
Purchase	Common units representing limited partner interests F1, F3	5,000	$50.89	$254K
Purchase	Common units representing limited partner interests F1, F2	5,000	$52.20	$261K

Holdings After Transaction: Common units representing limited partner interests — 161,584 shares (Direct)

Footnotes (4)

1. 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.
2. F2. The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $51.94 to $52.28, 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. F3. The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $50.59 to $51.17, 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.
4. F4. The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $50.15 to $50.98, 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 (4) to this Form 4.

Key Figures

Units purchased September 14, 2026: 5,000 common units Weighted average price September 14, 2026: $52.20 per unit Weighted average price September 15, 2026: $50.89 per unit +3 more

6 metrics

Units purchased September 14, 2026 5,000 common units Non-derivative open-market purchase of GLP common units

Weighted average price September 14, 2026 $52.20 per unit Common units bought in multiple trades at $51.94–$52.28

Weighted average price September 15, 2026 $50.89 per unit Common units bought in multiple trades at $50.59–$51.17

Weighted average price September 16, 2026 $50.55 per unit Common units bought in multiple trades at $50.15–$50.98

Total units purchased 15,000 common units Sum of three 5,000-unit purchases on September 14–16, 2026

Rule 10b5-1 plan status No Rule 10b5-1 plan reported Document-level 10b5-1 checkbox is not affirmed

Key Terms

Long-Term Incentive Plan, weighted average price, pecuniary interest, beneficial owner

4 terms

Long-Term Incentive Plan financial

"obligations pursuant to awards previously granted to directors and officers under the Global Partners LP Long-Term Incentive Plan"

A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

pecuniary interest financial

"The reporting person disclaims any pecuniary interest in these securities"

beneficial owner regulatory

"shall not be deemed an admission that the reporting person is the beneficial owner"

A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did GLP report in this Form 4?

GLOBAL PARTNERS LP reported that its general partner, Global GP LLC, purchased 15,000 common units representing limited partner interests in three open-market transactions on September 14, 15, and 16, 2026. These are non-derivative acquisitions of common units.

How many GLP units did Global GP LLC buy and on which dates?

Global GP LLC bought 5,000 GLP common units on each of September 14, 15, and 16, 2026, for a total of 15,000 units. All transactions involved common units representing limited partner interests.

At what prices were the GLP units purchased in this Form 4?

Reported weighted average prices per unit were $52.20 on September 14, $50.89 on September 15, and $50.55 on September 16, 2026. Footnotes state these are weighted averages over ranges of $51.94–$52.28, $50.59–$51.17, and $50.15–$50.98, respectively.

Why did Global GP LLC purchase GLP common units?

The filing states that 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 units are thus intended to fulfill existing LTIP award obligations.

Does Global GP LLC claim beneficial ownership of the GLP units purchased?

No. A footnote states that Global GP LLC disclaims any pecuniary interest in these securities and that the report shall not be deemed an admission that it is the beneficial owner of the securities for purposes of Section 16.

Were the GLP insider purchases made under a Rule 10b5-1 trading plan?

The filing indicates that the Rule 10b5-1 checkbox is not affirmed, and no footnote describes a Rule 10b5-1 or pre-arranged trading plan. Based on this, no Rule 10b5-1 plan is reported for these transactions.

Does the Form 4 disclose Global GP LLC’s total GLP holdings after these purchases?

No post-transaction holdings figure is reported in the transaction rows; the total units following the transactions fields are left blank. The Form 4 only discloses the 15,000 units acquired and related pricing and purpose information.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 09/16/2026 - 05:28 PM Accepted by SEC EDGAR 09/16/2026 - 05:27 PM Learn about SEC filing dates

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
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^*

Global GP LLC

(Last) (First) (Middle)

C/O GLOBAL PARTNERS LP

275 GROVE STREET, SUITE 3-400

(Street)

NEWTON MASSACHUSETTS 02466

(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)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			General Partner

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common units representing limited partner interests	09/14/2026		P(1)		5,000	A	$52.2(2)	151,584(1)	D
Common units representing limited partner interests	09/15/2026		P(1)		5,000	A	$50.89(3)	156,584(1)	D
Common units representing limited partner interests	09/16/2026		P(1)		5,000	A	$50.55(4)	161,584(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 $51.94 to $52.28, 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 $50.59 to $51.17, 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.

4. The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $50.15 to $50.98, 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 (4) to this Form 4.

	Erin Powers Brennan, Attorney-in-Fact for Global GP LLC	09/16/2026
	** 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.
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)