Form 4: Jaime Pereira Reports Changes in Beneficial Ownership of Global Partners LP
SEC Form 4 Filing
Director Jaime Pereira reports the vesting of phantom units and disposal of common units of Global Partners LP.
Summary
- Jaime Pereira, a director of Global Partners LP, filed a Form 4 detailing changes in beneficial ownership.
- On January 6, 2025, 2,756 phantom units vested and converted into common units.
- Pereira also disposed of 2,756 common units at a price of $0.
- Following these transactions, Pereira directly owns 11,665 common units and indirectly owns 2,000 common units through the Cynthia A. Pereira Revocable Trust dated April 30, 2014.
- The phantom units were granted on March 25, 2024, under a Grant Agreement and vested 100% on January 6, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing changes in ownership, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common occurrence for publicly traded companies.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership by a director.
Key Dates
| Date | Description |
|---|---|
| April 30, 2014 | Date of the Cynthia A. Pereira Revocable Trust |
| March 25, 2024 | Date of the Grant Agreement for phantom units |
| January 6, 2025 | Date of transaction: Vesting of phantom units and disposal of common units |
| January 7, 2025 | Date of signature on the Form 4 filing |
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