Global Partners (NYSE: GLP) COO sells 3,697 units, keeps 162,660 holding

Q: What did GLP Chief Operating Officer Romaine Mark report in this Form 4?

Romaine Mark reported selling 3,697 GLOBAL PARTNERS LP (GLP) common units in open-market transactions. The sales were executed over three days at prices around $47.50–$48.03 per unit, and he continues to hold 162,660 common units directly after the transactions.

Q: Were the GLP COO’s sales in this Form 4 option exercises or regular unit sales?

The filing describes the transactions as sales of Common Units representing limited partner interests , categorized as non-derivative with transaction code “S.” This means they are regular open-market unit sales rather than exercises or conversions of options, warrants, or other derivative securities.

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

GLOBAL PARTNERS LP Chief Operating Officer Romaine Mark reported open-market sales of 3,697 common units representing limited partner interests. The sales occurred over three days at prices around $47.50–$48.03 per unit. After these transactions, he directly holds 162,660 common units, indicating he retains the vast majority of his position.

Insights

COO executes modest open-market sales while retaining a large remaining stake.

Romaine Mark, Chief Operating Officer of GLOBAL PARTNERS LP, executed three open-market sales totaling 3,697 common units. The trades were reported at prices near $47.50–$48.03 per unit and are classified as non-derivative, straightforward disposals.

Following these sales, he directly owns 162,660 common units, so the transactions represent only a small fraction of his visible holdings. Footnotes state that some units were sold at weighted average prices within specified intraday ranges, reflecting multiple individual trades aggregated for reporting.

Insider Trade Summary

Net Seller: 3,697 shares ($176,550)

Net Sell 3 txns

Insider Romaine Mark

Role Chief Operating Officer

Sold 3,697 shs ($177K)

Type	Security	Shares	Price	Value
Sale	Common Units representing limited partner interests	900	$47.50	$43K
Sale	Common Units representing limited partner interests	1,148	$47.56	$55K
Sale	Common Units representing limited partner interests	1,649	$48.03	$79K

Holdings After Transaction: Common Units representing limited partner interests — 162,660 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 $48.00 to $48.04, 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 $47.50 to $47.63, 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.

Form 4 Insider Transactions: What Each Field Means →

03/13/2026 - 04:47 PM

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^*

Romaine Mark

(Last)

(First)

(Middle)

C/O GLOBAL PARTNERS LP

800 SOUTH STREET, SUITE 500

(Street)

WALTHAM

02453

(City)

(State)

(Zip)

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
X	Officer (give title below)	Other (specify below)
	Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Units representing limited partner interests	03/11/2026		S		1,649	D	$48.03⁽¹⁾	164,708	D
Common Units representing limited partner interests	03/12/2026		S		1,148	D	$47.56⁽²⁾	163,560	D
Common Units representing limited partner interests	03/13/2026		S		900	D	$47.5	162,660	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 $48.00 to $48.04, 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 $47.50 to $47.63, 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.

	Erin Powers Brennan, Attorney-in-Fact for Mark Romaine	03/13/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did GLP Chief Operating Officer Romaine Mark report in this Form 4?

Romaine Mark reported selling 3,697 GLOBAL PARTNERS LP (GLP) common units in open-market transactions. The sales were executed over three days at prices around $47.50–$48.03 per unit, and he continues to hold 162,660 common units directly after the transactions.

Over what dates did the GLP COO sell common units in this filing?

The GLP Chief Operating Officer sold common units on March 11, 12, and 13, 2026. Each day’s activity is reported separately, with open-market sale code “S,” showing a sequence of disposals across three consecutive trading days at prices close to $48 per unit.

How many GLOBAL PARTNERS LP units does the COO hold after these sales?

After the reported open-market sales, the Chief Operating Officer directly holds 162,660 common units of GLOBAL PARTNERS LP. This remaining balance, reported in the filing, indicates that the 3,697 units sold represent a relatively small portion of his overall direct ownership position.

What prices were received for the GLP common units sold by the COO?

The reported transactions show sale prices around $47.50, $47.56, and $48.03 per unit. Footnotes add that some units were sold at weighted average prices within ranges of $47.50–$47.63 and $48.00–$48.04, reflecting multiple trades aggregated for disclosure.

Were the GLP COO’s sales in this Form 4 option exercises or regular unit sales?

The filing describes the transactions as sales of Common Units representing limited partner interests, categorized as non-derivative with transaction code “S.” This means they are regular open-market unit sales rather than exercises or conversions of options, warrants, or other derivative securities.

Do the GLP Form 4 footnotes mention weighted average sale prices?

Yes. Footnotes explain that certain common units were sold at weighted average prices within specified ranges: $48.00–$48.04 and $47.50–$47.63. They also note the reporting person will provide detailed price breakdowns for each separate trade upon request to relevant parties.