Form 4: CrossAmerica Partners LP Director Kenneth G. Valosky Reports Acquisition and Disposal of Common Units
SEC Form 4 Filing
Director Kenneth G. Valosky reports changes in beneficial ownership of CrossAmerica Partners LP common units, including acquisition through phantom unit vesting and subsequent disposal.
Summary
- On July 25, 2024, Kenneth G. Valosky, a director of CrossAmerica Partners LP, reported transactions involving common units of the company.
- Valosky acquired 3,249 common units through the vesting of phantom units.
- Simultaneously, Valosky disposed of 3,249 common units.
- Following these transactions, Valosky directly owns 3,419 common units.
Sentiment
Score: 5
Explanation: This is a routine filing reflecting insider transactions. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 07/21/2023 | Phantom units vested |
| 07/25/2024 | Date of transaction: acquisition and disposal of common units |
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