Form 4: Suburban Propane Director Harold R. Logan Jr. Sells 6,900 Common Units
SEC Form 4 Filing
Director Harold R. Logan Jr. of Suburban Propane Partners L.P. sold 6,900 common units at a price of $19.135 on May 21, 2025.
Summary
- On May 21, 2025, Harold R. Logan Jr., a director of Suburban Propane Partners L.P., sold 6,900 common units of the company.
- The transaction was executed at a price of $19.135 per unit.
- Following the sale, Logan directly owns 39,227 common units.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a transaction. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of insider trading activity and are publicly disclosed to ensure transparency and compliance with securities regulations.
Stakeholder Impact
- The sale of shares by a director may be perceived differently by stakeholders; some may see it as a lack of confidence, while others may view it as a personal financial decision.
Key Dates
| Date | Description |
|---|---|
| 05/21/2025 | Date of transaction: Harold R. Logan Jr. sold 6,900 common units. |
Keywords
Suburban Propane Partners, Common Units, Director, Sale, Form 4, SPH, Harold R. Logan Jr.
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