GLOBAL PARTNERS LP — Director's Dealing 2026

Jan 7, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLOBAL PARTNERS LP (GLP)
CIK: 0001323468
Period of Report: 2026-01-05

Reporting Person: Hanson Gregory B. (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-01-05	Common units representing limited partner interests	M	5437	—	Acquired	63574	Direct
2026-01-05	Common units representing limited partner interests	F	1656	$42.26	Disposed	61918	Direct
2026-01-05	Common units representing limited partner interests	M	6614	—	Acquired	68532	Direct
2026-01-05	Common units representing limited partner interests	F	1940	$42.26	Disposed	66592	Direct
2026-01-06	Common units representing limited partner interests	M	5158	—	Acquired	71750	Direct
2026-01-06	Common units representing limited partner interests	F	1513	$42.97	Disposed	70237	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2026-01-05	Phantom Units	$0	M	5437	Disposed		Common units representing limited partner interests (5437)	Direct
2026-01-05	Phantom Units	$0	M	6614	Disposed		Common units representing limited partner interests (6614)	Direct
2026-01-06	Phantom Units	$0	M	5158	Disposed		Common units representing limited partner interests (5158)	Direct

Footnotes

F1: Each phantom unit representing the right to receive one Common Unit upon vesting ("Phantom Unit") converts into a common unit representing a limited partner interest in the Issuer ("Common Unit") on a one-for-one basis.

F2: Pursuant to a Grant Agreement dated March 3, 2023, the Reporting Person was granted 16,309 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units cumulatively vested as follows: one-third on January 5, 2024, one-third on January 5, 2025 and one-third on January 5, 2026.

F3: Each Common Unit was withheld at the request of the Reporting Person to satisfy the tax withholding obligations of the Reporting Person.

F4: Pursuant to a Grant Agreement dated March 25, 2024, the Reporting Person was granted 19,841 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units cumulatively vested or will vest as follows: one-third on January 6, 2025, one-third on January 5, 2026 and one-third on January 5, 2027.

F5: Pursuant to a Grant Agreement dated February 26, 2025, the Reporting Person was granted 15,472 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units cumulatively vested or will vest as follows: one-third on January 6, 2026, one-third on January 6, 2027 and one-third on January 6, 2028.

F6: Each Phantom Unit is the economic equivalent of one Common Unit.