SPH Form 4: Director Sells 7,500 Units at $18.66

Logan Harold R. Jr., a director of Suburban Propane Partners L.P.

Rhea-AI Filing Summary

Logan Harold R. Jr., a director of Suburban Propane Partners L.P. (SPH), sold 7,500 common units on 08/13/2025 at $18.66 per unit, reducing his beneficial ownership to 31,727 units. The Form 4 was signed by Bryon Koepke by power of attorney on 08/15/2025. The filing documents a single non-derivative sale; no derivative transactions or additional details are reported.

Positive

• None.

Negative

• Reported insider sale: Director sold 7,500 common units at $18.66, reducing beneficial ownership to 31,727 units.

Insights

Securities Analyst

Insider sale recorded: limited direct impact absent broader pattern.

The Form 4 shows a one-off sale of 7,500 common units at $18.66, leaving the director with 31,727 units. This is a straightforward Section 16 disclosure of a non-derivative disposition and does not include derivative activity or other material events. On its own, the transaction is a routine insider sale and does not provide evidence of company-wide financial stress or change in control.

Corporate Governance Expert

Disclosure complies with Section 16; POA signature included.

The report names the reporting person as a director and notes the Form 4 was executed by an attorney-in-fact, Bryon Koepke. The filing is concise and includes transaction date, price, and post-transaction holdings. There are no amendments or additional explanatory remarks in the form.

Insider Trade Summary

Net Seller: 7,500 shares

Net Sell 1 txn

Insider LOGAN HAROLD R JR

Role Director

Sold 7,500 shs ($140K)

Type	Security	Shares	Price	Value
Sale	Common Units (representing limited partnership interests)	7,500	$18.66	$140K

Holdings After Transaction: Common Units (representing limited partnership interests) — 31,727 shares (Direct)

FAQ

What did the Form 4 for SPH report?

The Form 4 reports that director Logan Harold R. Jr. sold 7,500 common units on 08/13/2025 at $18.66, leaving 31,727 units beneficially owned.

Who signed the Form 4 for SPH?

The Form 4 was signed by Bryon Koepke by power of attorney on 08/15/2025 for the reporting person.

Did the filing report any derivative transactions for SPH?

No. The filing shows only a non-derivative sale; Table II lists no derivative securities.

How many SPH units does the reporting person own after the sale?

After the reported sale, the reporting person beneficially owns 31,727 common units.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/15/2025 - 04:17 PM Learn about SEC filing dates

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^*

LOGAN HAROLD R JR

(Last) (First) (Middle)

C/O SUBURBAN PROPANE PARTNERS, L.P.

240 ROUTE 10 WEST

(Street)

WHIPPANY NJ 07981

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SUBURBAN PROPANE PARTNERS LP [ SPH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/13/2025

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 partnership interests)	08/13/2025		S		7,500	D	$18.66	31,727	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:

	Bryon Koepke, by power of attorney	08/15/2025
	** 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.