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GLOBAL PARTNERS LP — Director's Dealing 2025
May 6, 2025
31828_dirs_2025-05-06_f6ce722c-b880-4672-bd04-094484aa93cc.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GLOBAL PARTNERS LP (GLP)
CIK: 0001323468
Period of Report: 2025-05-03
Reporting Person: Global GP LLC (General Partner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-05-03 | Common units representing limited partner interests | J | 105989 | $51.32 | Disposed | 0 | Direct |
| 2025-05-03 | Common units representing limited partner interests | J | 51244 | $51.32 | Acquired | 36181 | Direct |
Footnotes
F1: The Reporting Person is delivering common units representing limited partner interests in the Issuer ("Common Units") under the Global Partners LP Long-Term Incentive Plan ("LTIP") to satisfy its obligations pursuant to grant agreements dated May 3, 2023.
F2: The Issuer's closing price on May 2, 2025 (the last business day immediately prior to certification).
F3: The Reporting Person disclaims any pecuniary interest in the Common Units and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the Common Units for purposes of Section 16.
F4: The Reporting Person withheld Common Units from certain grant award recipients who elected a cashless exercise to satisfy their respective tax withholding obligations. As a result, the Reporting Person held 36,181 Common Units after giving effect to the delivery of 105,989 Common Units to satisfy its obligations under the grant agreements less 51,244 Common Units that were withheld by the Reporting Person for tax purposes prior to such delivery.