Global GP LLC adds GLP (NYSE: GLP) units for LTIP obligations in May buys

Q: How many GLOBAL PARTNERS LP (GLP) units does Global GP LLC hold after these trades?

Following the reported purchases, Global GP LLC holds 76,584 common units representing limited partner interests in Global Partners LP. This figure reflects direct ownership after the May 2026 transactions disclosed in the Form 4 filing.

Q: Were the GLP unit purchases by Global GP LLC discretionary investments or compensation-related?

The purchases are compensation-related . Global GP LLC states it is buying the common units to satisfy obligations under the Global Partners LP Long-Term Incentive Plan (LTIP) , rather than as a traditional investment trade in its own economic interest.

Q: Does Global GP LLC claim economic (pecuniary) interest in the GLP units purchased?

No. The filing states that Global GP LLC disclaims any pecuniary interest in the purchased securities and that the report should not be deemed an admission that Global GP LLC is the beneficial owner of the units for Section 16 purposes.

Q: At what prices did Global GP LLC buy GLOBAL PARTNERS LP (GLP) units in May 2026?

The reported Form 4 lists weighted average prices of $51.28 per unit on May 21, $50.05 on May 22, and $48.92 on May 26. Footnotes note each day’s units were bought in multiple trades within specified price ranges.

Q: What type of security did Global GP LLC purchase for GLOBAL PARTNERS LP (GLP)?

Global GP LLC purchased common units representing limited partner interests in Global Partners LP. These units reflect equity interests in the partnership and are the standard publicly traded security class referenced in the Form 4 transactions.

Filing Impact

(High)

Filing Sentiment

(Positive)

Form Type

Rhea-AI Filing Summary

Global Partners LP general partner Global GP LLC reported open-market purchases of a total of 14,184 common units representing limited partner interests in three transactions on May 21, 22, and 26, 2026, at weighted average prices around $48.92–$51.28 per unit.

After these transactions, Global GP LLC directly holds 76,584 common units. According to the filing, the units are being purchased to satisfy obligations under the Global Partners LP Long-Term Incentive Plan, and Global GP LLC disclaims any pecuniary interest and beneficial ownership for Section 16 purposes.

Insider Trade Summary

Net Buyer: 14,184 shares ($710,409)

Net Buy 3 txns

Insider Global GP LLC

Role null

Bought 14,184 shs ($710K)

Type	Security	Shares	Price	Value
Purchase	Common units representing limited partner interests	5,000	$48.92	$245K
Purchase	Common units representing limited partner interests	4,184	$50.05	$209K
Purchase	Common units representing limited partner interests	5,000	$51.28	$256K

Holdings After Transaction: Common units representing limited partner interests — 76,584 shares (Direct, null)

Footnotes (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. The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $50.60 to $51.81, 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. The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $49.76 to $50.44, 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. The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $48.51 to $49.49, 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

Total units purchased: 14,184 units Units bought May 21, 2026: 5,000 units at $51.28 Units bought May 22, 2026: 4,184 units at $50.05 +3 more

6 metrics

Total units purchased 14,184 units Open-market buys in May 2026

Units bought May 21, 2026 5,000 units at $51.28 Open-market purchase

Units bought May 22, 2026 4,184 units at $50.05 Open-market purchase

Units bought May 26, 2026 5,000 units at $48.92 Open-market purchase

Holdings after transactions 76,584 units Direct ownership after May 26, 2026

Net buy direction 14,184 net-buy shares transactionSummary netBuySellShares

Key Terms

Global Partners LP Long-Term Incentive Plan, pecuniary interest, beneficial owner, weighted average price, +1 more

5 terms

Global Partners LP Long-Term Incentive Plan financial

"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"

pecuniary interest financial

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

beneficial owner financial

"this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities"

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.

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.

Section 16 regulatory

"for the purpose of Section 16"

Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.

Form 4 Insider Transactions: What Each Field Means →

05/26/2026 - 04:54 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^*

Global GP LLC

(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)

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)
05/21/2026

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)
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	05/21/2026		P⁽¹⁾		5,000	A	$51.28⁽²⁾	67,400⁽¹⁾	D
Common units representing limited partner interests	05/22/2026		P⁽¹⁾		4,184	A	$50.05⁽³⁾	71,584⁽¹⁾	D
Common units representing limited partner interests	05/26/2026		P⁽¹⁾		5,000	A	$48.92⁽⁴⁾	76,584⁽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)
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. 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 $50.60 to $51.81, 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 $49.76 to $50.44, 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 $48.51 to $49.49, 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	05/26/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Global GP LLC report for GLOBAL PARTNERS LP (GLP)?

Global GP LLC reported three open-market purchases totaling 14,184 common units of Global Partners LP in May 2026. The transactions occurred on May 21, 22, and 26 at weighted average prices between about $48.92 and $51.28 per unit.

How many GLOBAL PARTNERS LP (GLP) units does Global GP LLC hold after these trades?

Following the reported purchases, Global GP LLC holds 76,584 common units representing limited partner interests in Global Partners LP. This figure reflects direct ownership after the May 2026 transactions disclosed in the Form 4 filing.

Does Global GP LLC claim economic (pecuniary) interest in the GLP units purchased?

No. The filing states that Global GP LLC disclaims any pecuniary interest in the purchased securities and that the report should not be deemed an admission that Global GP LLC is the beneficial owner of the units for Section 16 purposes.

At what prices did Global GP LLC buy GLOBAL PARTNERS LP (GLP) units in May 2026?

The reported Form 4 lists weighted average prices of $51.28 per unit on May 21, $50.05 on May 22, and $48.92 on May 26. Footnotes note each day’s units were bought in multiple trades within specified price ranges.

What type of security did Global GP LLC purchase for GLOBAL PARTNERS LP (GLP)?

Global GP LLC purchased common units representing limited partner interests in Global Partners LP. These units reflect equity interests in the partnership and are the standard publicly traded security class referenced in the Form 4 transactions.