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GLOBAL PARTNERS LP Director's Dealing 2026

Feb 27, 2026

31828_dirs_2026-02-27_68eb6c9f-acc7-45d7-9ee8-c69f9e803080.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: 2026-02-25

Reporting Person: Spencer Matthew (Chief Accounting Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2026-02-25 Common units representing limited partner interests A 15738 Acquired 63046 Direct
2026-02-25 Common units representing limited partner interests F 7609 $48.19 Disposed 55437 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2026-02-26 Phantom Units $0 A 6874 Acquired Common units representing limited partner interests (6874) 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: Represents Common Units representing a limited partner interest in the Issuer that were earned under an award of performance phantom units ("Performance Units"), granted to the Reporting Person on August 22, 2023. Each Performance Unit represents a contingent right to receive one Common Unit, subject to the Issuer's level of achievement with respect to the certain distributable cash flow performance goal for the applicable performance period. Pursuant to the terms of the award agreement, the Reporting Person earned 200% of the target number of Performance Units, all of which settled in Common Units.

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 February 26, 2026, the Reporting Person was granted 6,874 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units granted will vest as follows: One-third on January 5, 2027, one-third on January 5, 2028 and one-third on January 5, 2029.