GLP.NYSEGlobal Partners Lp
Form 4: Global Partners LP Director Reports Acquisition of Phantom Units
Sentiment:
SEC Form 4 Filing
Director Robert W. Owens reports the acquisition of phantom units in Global Partners LP.
Summary
- On February 26, 2025, Robert W. Owens, a director of Global Partners LP, reported a transaction.
- Owens acquired 2,149 phantom units, which convert into common units representing limited partner interests on a one-for-one basis.
- These phantom units were granted pursuant to a Grant Agreement dated February 26, 2025.
- 100% of the phantom units will vest on January 6, 2026, contingent upon satisfying the vesting conditions outlined in the Grant Agreement.
- Following the reported transaction, Owens beneficially owns 11,165 common units representing limited partner interests.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a transaction by a company director. It doesn't inherently convey positive or negative sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of transaction and Grant Agreement for phantom units |
| 01/06/2026 | Vesting date for 100% of the phantom units |
| 03/14/2025 | Date of signature for the report |
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