Form 4: Suburban Propane Director Rommel Oates Acquires 20,172 Common Units

Director Rommel Oates of Suburban Propane Partners L.P. acquired 20,172 common units on November 15, 2024, while also disposing of 46,180 units.

Summary

• Rommel Oates, a director at Suburban Propane Partners L.P., engaged in transactions involving the company's common units.
• On November 15, 2024, Mr. Oates acquired 20,172 common units at a price of $0.00 per unit.
• On the same day, Mr. Oates disposed of 46,180 common units.
• Following these transactions, Mr. Oates's beneficial ownership of common units is not explicitly stated in the document.

Sentiment

Score: 5

Explanation: The document is a neutral report of insider transactions, with no inherent positive or negative sentiment. It is a routine filing.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders reporting changes in their beneficial ownership of company securities. These filings are a regular part of the financial markets and provide transparency into insider transactions.

Comparison to Industry Standards

• SEC Form 4 filings are a standard practice for all publicly traded companies in the United States.
• The transactions reported are typical for directors and officers of public companies.
• The reporting requirements are consistent across all companies listed on US exchanges.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the actions of company insiders.
• The transactions are unlikely to have a direct impact on employees, customers, or suppliers.

Key Dates

Keywords

Suburban Propane Partners, common units, director, Rommel Oates, insider trading, beneficial ownership, SEC Form 4