Form 4: CrossAmerica Partner Director Boosts Stake

Joseph V. Topper Jr., a Director and 10% owner of CrossAmerica Partners LP, purchased 2,706 common units through a Rule 10b5-1 plan.

Summary

• Joseph V. Topper Jr., a Director and 10% owner of CrossAmerica Partners LP (CAPL), acquired 2,706 common units.
• The transaction occurred on August 12, 2025, at a weighted average price of $20.0084 per unit.
• The units were purchased through a Rule 10b5-1 trading plan.
• Following this transaction, the beneficial ownership of common units stands at 1,857,649, held indirectly by Energy Realty Partners, LLC.
• The purchase price for these units ranged from $19.82 to $20.35 per unit.

Sentiment

Score: 7

Explanation: The purchase of additional common units by a Director and 10% owner indicates strong insider confidence in the company's value and future performance.

Positives

• A Director and 10% owner, Joseph V. Topper Jr., increased his stake in CrossAmerica Partners LP, signaling confidence in the company's future.
• The purchase was executed under a Rule 10b5-1 trading plan, indicating a pre-planned investment strategy.

Future Outlook

NA

Management Comments

• The Reporting Person disclaims beneficial ownership of these Common Units except to the extent of his pecuniary interest therein.

Industry Context

NA

Stakeholder Impact

• Shareholders may view this insider purchase as a positive signal, potentially influencing investor sentiment and the company's stock price.

Key Dates

Recommendation

The purchase of common units by a Director and 10% owner, Joseph V. Topper Jr., signals strong insider confidence in CrossAmerica Partners LP's valuation and future prospects. This insider buying, especially under a Rule 10b5-1 plan, suggests a deliberate investment decision, which can be a positive indicator for potential investors.

Keywords

CrossAmerica Partners, CAPL, Joseph V. Topper Jr., insider trading, Form 4, common units, director purchase, 10b5-1 plan