Sean T. Geary - 03 May 2025 Form 4 Insider Report for GLOBAL PARTNERS LP (GLP)

Role
Chief Legal Officer & Sec.
Signature
Erin Powers Brennan, Attorney-in-Fact for Sean T. Geary
Issuer symbol
GLP
Transactions as of
03 May 2025
Net transactions value
-$208,718
Form type
4
Filing time
06 May 2025, 16:33:30 UTC
Previous filing
25 Mar 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Geary Sean T. Chief Legal Officer & Sec. C/O GLOBAL PARTNERS LP, 800 SOUTH STREET, SUITE 500, WALTHAM Erin Powers Brennan, Attorney-in-Fact for Sean T. Geary 06 May 2025 0001915804

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLP Common units representing limited partner interests Options Exercise $0 +8,412 +19% $0.000000 52,400 03 May 2025 Direct F1, F2
transaction GLP Common units representing limited partner interests Tax liability $208,718 -4,067 -7.8% $51.32 48,333 03 May 2025 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GLP Phantom Units Options Exercise $0 -8,412 -100% $0.000000 0 03 May 2025 Common units representing limited partner interests 8,412 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 May 3, 2023 the Reporting Person was granted 8,412 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units vested 100% on May 3, 2025.
F3 Each Common Unit was withheld at the request of the Reporting Person to satisfy the tax withholding obligations of the Reporting Person.

Remarks:

Exhibit Index: 24.1 Power of Attorney