Global Partners LP (GLP) general partner reports unit purchases for LTIP

Rhea-AI Filing Summary

Global GP LLC, the general partner of Global Partners LP, reported three purchases of common units representing limited partner interests on December 16–18, 2025.

The transactions were purchases of 1,836 common units at a weighted average price of $42.35 on December 16, 2,156 units at $42.02 on December 17, and 2,500 units at $42.64 on December 18. Following the latest transaction, the reporting person was shown as beneficially owning 225,943 common units in direct form.

The units are being purchased to satisfy obligations under the Global Partners LP Long-Term Incentive Plan for awards previously granted to directors and officers. The reporting person states it disclaims any pecuniary interest in these securities and that the filing should not be considered an admission of beneficial ownership for Section 16 purposes.

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

800 SOUTH STREET, SUITE 500

(Street)

WALTHAM MA 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
	Officer (give title below)	X	Other (specify below)
			General Partner

3. Date of Earliest Transaction (Month/Day/Year)
12/16/2025

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)
			Code	V	Amount	(A) or (D)	Price
Common units representing limited partner interests	12/16/2025		P(1)		1,836	A	$42.35(2)	221,287(1)	D
Common units representing limited partner interests	12/17/2025		P(1)		2,156	A	$42.02(3)	223,443(1)	D
Common units representing limited partner interests	12/18/2025		P(1)		2,500	A	$42.64(4)	225,943(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 $42.13 to $42.65, 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 $41.75 to $42.19, 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 $42.12 to $42.74, 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	12/18/2025
	** 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.

FAQ

What insider transaction did Global Partners LP (GLP) report in this Form 4?

The filing reports that Global GP LLC, the general partner of Global Partners LP, purchased common units representing limited partner interests in three separate transactions on December 16, 17, and 18, 2025.

How many Global Partners LP (GLP) common units were purchased and at what prices?

The transactions included purchases of 1,836 common units at a weighted average price of $42.35, 2,156 units at $42.02, and 2,500 units at $42.64, with each price reported as a weighted average across multiple trades.

What was Global GP LLC’s beneficial ownership in GLP units after these transactions?

After the December 18, 2025 transaction, the form shows that 225,943 Global Partners LP common units were beneficially owned following the reported transactions, held in direct form.

Why did Global GP LLC purchase these Global Partners LP (GLP) common units?

The explanation states that Global GP LLC is purchasing the common units to satisfy obligations pursuant to awards previously granted to directors and officers under the Global Partners LP Long-Term Incentive Plan.

Does the reporting person claim economic (pecuniary) interest in the GLP units purchased?

No. The filing states that the reporting person disclaims any pecuniary interest in these securities and that the report should not be deemed an admission of beneficial ownership for Section 16 purposes.

Is the Form 4 for a single reporting person or a group for Global Partners LP (GLP)?

The form indicates it is filed by one reporting person, identified as Global GP LLC, which is described as the general partner of Global Partners LP.