Form 4: Global Partners LP Director John T. Hailer Reports Acquisition of Phantom Units

Director John T. Hailer reports the acquisition of 2,149 phantom units in Global Partners LP, convertible to common units, as part of a grant agreement.

Summary

• On February 26, 2025, John T. Hailer, a director of Global Partners LP, acquired 2,149 phantom units.
• These phantom units convert into common units representing limited partner interests on a one-for-one basis.
• The acquisition was part of a grant agreement dated February 26, 2025.
• The phantom units will vest on January 6, 2026, contingent upon satisfying the vesting conditions outlined in the grant agreement.
• Following the reported transaction, Hailer directly owns 2,149 derivative securities.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard transaction of phantom units being granted to a director. It doesn't inherently indicate positive or negative performance, but rather a part of compensation.

Positives

• The acquisition of phantom units by a director could signal confidence in the company's future performance.

Future Outlook

The vesting of the phantom units on January 6, 2026, is contingent upon satisfying the conditions set forth in the grant agreement.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The acquisition of phantom units by a director may have a minor positive impact on shareholder sentiment, reflecting confidence in the company's future.

Next Steps

• The phantom units will vest on January 6, 2026, subject to the terms of the grant agreement.

Key Dates