Form 4: CrossAmerica Partners LP Executive Stephen J. Lattig Reports Share Transactions

Senior Vice President Retail at CrossAmerica Partners LP, Stephen J. Lattig, reports the acquisition and disposal of common units due to vesting of phantom units and tax obligations.

Summary

• Stephen J. Lattig, Senior Vice President Retail at CrossAmerica Partners LP, reported transactions involving the company's common units on December 31, 2024.
• A total of 1,267 common units were acquired due to the vesting of phantom units.
• Additionally, 382 common units were disposed of to cover tax obligations related to the vesting.
• The price of the common units for the tax withholding was $21.65, based on the closing price of the day preceding the vest event.
• Following these transactions, Mr. Lattig beneficially owns 18,668 common units directly and 9,663 phantom units.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing related to executive compensation and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to executive compensation and does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies, and this filing is consistent with those requirements.
• The vesting of phantom units and subsequent tax withholding are common forms of executive compensation.

Stakeholder Impact

• The transactions have a minor impact on the total number of outstanding common units.

Key Dates

Keywords

CrossAmerica Partners LP, CAPL, insider trading, Form 4, common units, phantom units, vesting, tax withholding, Stephen J. Lattig