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GLP (NYSE: GLP) COO Romaine Mark sells 5,700 units, retains 141,174

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

GLOBAL PARTNERS LP Chief Operating Officer Romaine Mark reported open‑market sales of a total of 5,700 Common Units representing limited partner interests across three days in March 2026. Units were sold at prices around $47–$48, and Mark now directly holds 141,174 Common Units.

The sales included 3,245 units on March 19 at $48.10, 2,020 units on March 20 at $48.19, and 435 units on March 23 at $47.31. Footnotes state that each day’s transactions occurred in multiple trades within specified price ranges around those weighted average prices.

Positive

  • None.

Negative

  • None.

Insights

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

Chief Operating Officer Romaine Mark executed three open‑market sales totaling 5,700 Common Units of GLOBAL PARTNERS LP at weighted average prices near $48. These are straightforward open‑market dispositions with no derivative exercises or gifts reported in this filing.

After the transactions, Mark still directly owns 141,174 Common Units, indicating that only a small portion of his reported holdings was sold. Footnotes clarify that each day’s activity comprised multiple trades within stated price ranges, a common pattern for broker‑executed sales. The filing does not reference any trading plan, so the timing context is limited to the disclosed transaction dates.

SEC Form 4
FORM 4UNITED 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 MASSACHUSETTS 02453

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Units representing limited partner interests03/19/2026S3,245D$48.1(1)143,629D
Common Units representing limited partner interests03/20/2026S2,020D$48.19(2)141,609D
Common Units representing limited partner interests03/23/2026S435D$47.31(3)141,174D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
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 $47.75 to $48.50, 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 were sold at a weighted average price. These Common Units were sold in multiple transactions at prices from $48.15 to $48.50, 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.
3. Common Units representing limited partner interests in the Issuer were sold at a weighted average price. These Common Units were sold in multiple transactions at prices from $47.28 to $47.50, 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.
Erin Powers Brennan, Attorney-in-Fact for Mark Romaine03/23/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transactions did GLP COO Romaine Mark report on this Form 4?

Romaine Mark reported three open‑market sales totaling 5,700 Common Units of GLOBAL PARTNERS LP in March 2026. The units were sold on March 19, 20, and 23 at weighted average prices around $47–$48 per unit, according to the Form 4 data.

At what prices did GLP COO Romaine Mark sell Common Units?

The reported weighted average sale prices were about $48.10 on March 19, $48.19 on March 20, and $47.31 on March 23. Footnotes explain that each day’s sales occurred through multiple transactions within stated price ranges around these averages.

How many GLOBAL PARTNERS LP units does Romaine Mark hold after these sales?

After the reported transactions, Romaine Mark directly holds 141,174 Common Units of GLOBAL PARTNERS LP. This post‑transaction balance, shown in the Form 4, indicates that the 5,700 units sold represent only a fraction of his disclosed direct holdings.

Were derivatives or options involved in Romaine Mark’s recent GLP transactions?

No derivative or option activity is reported in this Form 4. All three transactions involve non‑derivative Common Units representing limited partner interests, coded as open‑market sales. The derivative summary section in the provided data is empty for this filing.

Do the GLP insider sales by Romaine Mark occur in single trades or multiple trades?

Footnotes state that each day’s reported sales occurred at a weighted average price across multiple trades. For each date, Common Units were sold in several transactions within specified price ranges, and detailed trade‑level information is available upon request from the reporting person.

What is the net effect of the reported GLP insider transactions on Romaine Mark’s position?

The Form 4 shows a net sale of 5,700 Common Units and no acquisitions. Romaine Mark’s direct holdings stand at 141,174 units after these sales, so his disclosed ownership remains substantial despite the relatively small reduction.
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