Welcome to our dedicated page for Global Partners Lp SEC filings (Ticker: GLP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Global Partners LP filings document regulatory disclosures for a publicly traded master limited partnership with common units and 9.50% Series B Fixed Rate Cumulative Redeemable Perpetual Preferred Units listed on the New York Stock Exchange. Recent Form 8-K reports cover operating results, non-GAAP financial measures and reconciliations, quarterly cash distributions, and Regulation FD disclosures tied to unitholder communications.
The filing record also documents capital structure and governance matters, including credit agreement obligations, securities registered under Section 12(b), actions by the board of the general partner, and executive officer transition and compensation arrangements. These disclosures frame the Partnership’s reporting around energy logistics, fuel distribution, retail station operations, distributions, financing capacity, and limited-partnership governance.
Global Partners LP’s Chairman, President and CEO Eric Slifka reported the vesting and settlement of phantom units into common units on January 5 and 6, 2026. On those dates, 21,459, 19,290 and 15,042 phantom units converted into an equal number of common units at an exercise price of $0 per unit, reflecting equity awards tied to prior grant agreements.
To cover tax withholding obligations, the company withheld 7,945, 9,326 and 7,272 common units at prices of $42.26 and $42.97 per unit. After these transactions, Slifka directly held 31,248 common units and also had indirect beneficial ownership of additional common units through family trusts, Larea Holdings LLC, and the Alfred A. Slifka 1990 Trust.
Global Partners LP Chief Accounting Officer Matthew Spencer reported equity compensation activity involving phantom units that convert into common units of the partnership. On January 5 and 6, 2026, a total of 2,624, 2,205 and 1,719 phantom units vested and were converted on a one-for-one basis into common units under prior grant agreements dated March 3, 2023, March 25, 2024 and February 26, 2025. In connection with these vestings, the company withheld 919 and 653 common units at a price of $42.26 per unit and 504 common units at $42.97 per unit to cover Spencer’s tax withholding obligations at his request. Following the reported transactions, Spencer directly held 47,308 common units of Global Partners LP, along with remaining phantom units that are economically equivalent to common units.
Global Partners LP’s Chief Financial Officer Gregory B. Hanson reported multiple equity compensation transactions involving the partnership’s common units in early January 2026. On January 5, 2026, phantom units granted under prior awards vested and were converted into 5,437 and 6,614 common units in separate transactions at an exercise price of $0, increasing his directly held units after each conversion.
On the same day, 1,656 and 1,940 common units were withheld at prices of $42.26 per unit to satisfy tax withholding obligations. On January 6, 2026, an additional 5,158 phantom units vested and converted into common units at an exercise price of $0, followed by 1,513 common units withheld at $42.97 per unit for taxes. The filing notes that each phantom unit is economically equivalent to, and converts on a one-for-one basis into, a common unit.
Global Partners LP's Chief Operating Officer, Mark Romaine, reported equity compensation activity involving common units and phantom units tied to prior grant agreements. On January 5, 2026, 7,869 and 6,981 phantom units converted into an equal number of common units at an exercise price of $0 per unit, with 2,322 and 2,048 common units withheld at prices of $42.26 per unit to cover tax obligations. On January 6, 2026, 5,444 phantom units similarly converted at $0, with 1,730 common units withheld at $42.97 for taxes.
Following these transactions, Romaine directly held 144,725 common units and 10,887 phantom units. The vesting and conversions stem from grant agreements dated March 3, 2023, March 25, 2024, and February 26, 2025, which provide for one-third vesting installments on specified January dates from 2024 through 2028.
Global GP LLC, the general partner of Global Partners LP, reported several internal unit transfers tied to the partnership’s long-term incentive plan. On January 5, 2026, it delivered 80,216 common units and separately 29,189 common units representing limited partner interests under prior grant agreements, using the issuer’s closing price of $42.26 from January 2, 2026 as the reference value.
The filing explains that some common units were withheld from grant recipients who elected cashless exercises to cover their tax withholding obligations. On January 6, 2026, Global GP LLC delivered an additional 38,925 common units under a 2025 grant agreement and withheld 11,889 units for taxes, using the issuer’s $42.97 closing price on January 5, 2026 as the reference. After these transactions, Global GP LLC reports direct beneficial ownership of 152,210 common units and disclaims any pecuniary interest in these units for Section 16 purposes.
Global Partners LP received an updated ownership disclosure from institutional investors ALPS Advisors, Inc. and Alerian MLP ETF. As of December 31, 2025, they report beneficial ownership of 5,999,844 common units representing limited partner interests, equal to 17.65% of the class.
ALPS Advisors and Alerian MLP ETF report shared voting and dispositive power over all of these units, with no sole voting or dispositive power. The units are owned by funds to which ALPS Advisors provides investment advice, and ALPS Advisors disclaims beneficial ownership beyond what is required for this disclosure. The investors state the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Global Partners.
Global Partners LP filed an initial insider ownership report for its Chief Legal Officer and Secretary, Kristin K. Seabrook, as of the event date in early 2026. The filing shows she directly holds no Common Units representing limited partner interests. Instead, she has a grant of 10,178 Phantom Units, each representing the right to receive one Common Unit upon vesting at no cash exercise price.
These Phantom Units were granted under an agreement dated April 14, 2025 and vest in three equal installments: one-third on April 14, 2026, one-third on April 14, 2027, and one-third on April 14, 2028. As the units vest, they convert on a one-for-one basis into Common Units of Global Partners LP.
Global Partners LP detailed a new employment agreement with longtime legal executive Sean T. Geary as he transitions from Chief Legal Officer to Senior Legal Advisor effective January 1, 2026. The agreement runs through December 31, 2026 and automatically renews for one-year terms unless either side gives at least 90 days’ notice.
Geary will receive an annual base salary of $325,000 and remains eligible for discretionary cash bonuses, participation in the 2025 short-term incentive plan, long-term incentive plans, and standard employee benefit programs. If his employment ends due to death, disability, termination without Cause, or Constructive Termination, he is entitled to accrued compensation, a lump-sum payment equal to 100% of base salary, a pro-rated discretionary bonus, and up to 18 months of continued insurance premiums.
If the General Partner chooses not to renew the agreement, Geary would receive accrued obligations, a lump sum equal to 50% of base salary, and a bonus for that year. The agreement also includes confidentiality, non-competition, and non-solicitation covenants, with a separate payment equal to 50% of his highest recent base salary in consideration for complying with the non-compete.
Global Partners LP’s general partner, Global GP LLC, reported a series of open-market purchases of the partnership’s common units. On 12/19/2025, it acquired 2,000 common units at a weighted average price of $42.66. On 12/22/2025, it purchased 1,250 units at a weighted average price of $42.98, and on 12/23/2025 it bought 1,080 units at a weighted average price of $43.02. After these transactions, the reporting person showed beneficial ownership of 230,273 common units, held directly. The filing explains that Global GP LLC is purchasing units to satisfy obligations under the Global Partners LP Long-Term Incentive Plan for directors and officers, and it disclaims any pecuniary interest or beneficial ownership in these securities for Section 16 purposes.
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.