Form 4: CrossAmerica Partners LP Director Kelso Reports Transaction
SEC Form 4 Filing
Director Thomas E. Kelso reports the acquisition and disposal of common units and phantom units in CrossAmerica Partners LP on July 25, 2024.
Summary
- On July 25, 2024, Thomas E. Kelso, a director of CrossAmerica Partners LP, reported a transaction involving common units and phantom units.
- Kelso acquired 3,249 common units upon the vesting of phantom units.
- Simultaneously, Kelso disposed of 5,725 common units.
- Following the reported transactions, Kelso beneficially owns 3,419 common units directly.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a transaction by a company director, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's securities.
Stakeholder Impact
- The transaction may provide shareholders with insight into the director's view of the company's value.
Key Dates
| Date | Description |
|---|---|
| 07/25/2024 | Date of transaction involving common units and phantom units. |
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