Form 4: Suburban Propane Director Sells 1,500 Common Units

Terence J. Connors, a director at Suburban Propane Partners LP, sold 1,500 common units at a price of $19.62 per unit on December 3, 2024.

Summary

• Terence J. Connors, a director of Suburban Propane Partners LP, sold 1,500 common units of the company.
• The transaction occurred on December 3, 2024.
• The sale price was $19.62 per unit.
• Following the transaction, Mr. Connors directly owns 62,195 common units.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of an insider transaction, with no positive or negative implications for the company's performance.

Industry Context

This is a routine disclosure of an insider transaction and does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Insider transactions are a normal part of the market and are regularly disclosed by companies.
• The sale of 1,500 units by a director is not unusual and does not indicate any specific trend compared to other companies in the sector.
• Similar transactions are common across the energy sector and are often related to personal financial planning of the directors.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders.

Key Dates

Keywords

Suburban Propane Partners LP, insider trading, common units, director, Terence J. Connors, SPH, SEC Form 4