Form 4: Director Increases Stake in CrossAmerica Partners

John B. Reilly III, a Director and 10% owner of CrossAmerica Partners LP, purchased 1,871 common units for approximately $36,991.

Summary

• John B. Reilly III, a Director and 10% Owner of CrossAmerica Partners LP (CAPL), acquired 1,871 common units.
• The transaction occurred on October 10, 2025, at a weighted average price of $19.7397 per unit.
• The total value of the acquisition was approximately $36,990.97.
• These common units were purchased under a Rule 10b5-1 trading plan.
• Following this transaction, John B. Reilly III beneficially owns 4,969,188 common units indirectly through the 2008 Irrevocable Agreement of Trust of John B Reilly Jr.
• The reported price is a weighted average, with units purchased in multiple transactions ranging from $19.69 to $19.75.

Sentiment

Score: 7

Explanation: The purchase of common units by a Director and 10% owner, even if pre-scheduled, generally indicates a positive sentiment towards the company's valuation and future prospects. It's a direct investment by someone with intimate knowledge of the company.

Positives

• Increased insider ownership signals confidence in the company's future prospects by a Director and 10% owner.
• The purchase was executed under a Rule 10b5-1 trading plan, indicating a pre-planned investment strategy.

Future Outlook

This filing is a factual report of an insider transaction and does not contain forward-looking statements or guidance regarding the company's future performance.

Industry Context

This filing reports an individual insider transaction and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders may view this insider purchase as a positive signal, potentially increasing confidence in the company's stock.
• The transaction demonstrates continued alignment of interests between management (Director) and shareholders.

Key Dates

Recommendation

The purchase of common units by a Director and 10% owner, John B. Reilly III, signals a vote of confidence in CrossAmerica Partners LP's future. While the transaction amount is relatively small compared to his total holdings, any insider buying, especially from a significant stakeholder, is generally interpreted as a positive indicator of the company's value and prospects, suggesting the stock may be undervalued or poised for growth.

Keywords

CrossAmerica Partners, CAPL, Insider Trading, Form 4, Common Units, Director Purchase, Equity Acquisition, John B. Reilly III, 10b5-1 Plan