Suburban Propane Partners (NYSE: SPH) insider plans sale of 10,000 units under Rule 144
Rhea-AI Filing Summary
Suburban Propane Partners LP insider plans to sell common units under Rule 144. A holder has filed a notice to sell 10,000 common units through Merrill at the NYSE, with an aggregate market value of $193,100 based on recent prices. The filing notes that 66,157,310 common units are outstanding. The units to be sold were previously acquired as stock bonus awards from the company on several dates between 2020 and 2023, meaning the seller is monetizing equity compensation rather than making a new purchase. This notice indicates an intention to sell but does not by itself complete the transaction.
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