Global Partners LP GP buys 10,000 units
Global GP LLC, the general partner of Global Partners LP, reported two open-market purchases of common units representing limited partner interests.
Rhea-AI Filing Summary
Global GP LLC, the general partner of Global Partners LP, reported two open-market purchases of common units representing limited partner interests. It bought 5,000 units on June 4, 2026 at a weighted average price of $49.50 per unit and another 5,000 units on June 8, 2026 at a weighted average price of $49.29 per unit, for a total of 10,000 units. After these transactions, Global GP LLC directly holds 116,584 common units. According to the disclosure, these units are being purchased to satisfy obligations under the Global Partners LP Long-Term Incentive Plan, and the reporting person disclaims pecuniary interest and beneficial ownership for Section 16 purposes.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common units representing limited partner interests | 5,000 | $49.29 | $246K |
| Purchase | Common units representing limited partner interests | 5,000 | $49.50 | $248K |
Footnotes (3)
- 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.
- F2. The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $49.03 to $49.83, 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.
- F3. The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $48.87 to $50.00, 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.
Key Figures
Key Terms
Global Partners LP Long-Term Incentive Plan financial
pecuniary interest financial
beneficial owner financial
Section 16 regulatory
weighted average price financial
FAQ
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What insider transactions did Global GP LLC report for GLP?
At what prices did Global GP LLC buy Global Partners LP (GLP) units?
How many Global Partners LP (GLP) units does Global GP LLC hold after these trades?
Why is Global GP LLC purchasing GLP units according to the Form 4?
Does Global GP LLC claim beneficial ownership of the GLP units purchased?
Were the GLP unit purchases by Global GP LLC single trades or price-weighted?
AI-generated analysis. How Rhea-AI works. Not financial advice.