Global GP LLC Purchases 15,000 Common Units for Global Partners LP LTIP Awards
Global GP LLC, the general partner of Global Partners LP, filed a Form 4 reporting three purchases of common units representing limited partner interests in May 2026. The company acquired 5,000 units on May 27 at a weighted average price of $48.94, another 5,000 units on May 28 at $48.35, and a final 5,000 units on May 29 at $47.22, for a total of 15,000 units. These purchases were made to satisfy obligations under awards previously granted to directors and officers under the Global Partners LP Long-Term Incentive Plan. Following these transactions, Global GP LLC's ownership increased from 76,584 to 91,584 common units. The filing includes detailed footnotes disclosing the price ranges for each transaction and clarifies that Global GP LLC disclaims any pecuniary interest in these securities, stating the purchases are for LTIP obligations.