Form 4: Jaime Pereira Reports Changes in Beneficial Ownership of Global Partners LP
SEC Form 4 Filing
Director Jaime Pereira reports acquisition of phantom units and disposition 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 February 26, 2025, Pereira acquired 2,149 phantom units representing the right to receive common units upon vesting.
- These phantom units will vest on January 6, 2026.
- Pereira also disposed of 11,665 common units.
- Additionally, Pereira indirectly owns 2,000 common units through the Cynthia A. Pereira Revocable Trust dated April 30, 2014.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| April 30, 2014 | Date of the Cynthia A. Pereira Revocable Trust |
| February 26, 2025 | Date of transaction: acquisition of phantom units and disposition of common units |
| January 6, 2026 | Vesting date for the acquired phantom units |
| March 14, 2025 | Date of Form 4 filing |
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