Form 4: Suburban Propane Executive Sells 5,971 Common Units

A Suburban Propane executive, Douglas Brinkworth, sold 5,971 common units at a price of $19.50 per unit on December 5, 2024.

Summary

• Douglas Brinkworth, a Senior Vice President at Suburban Propane Partners L.P., sold 5,971 common units of the company.
• The transaction occurred on December 5, 2024.
• The sale price was $19.50 per unit.
• Following the transaction, Mr. Brinkworth directly owns 161,355 common units.

Sentiment

Score: 5

Explanation: The document is a neutral report of an insider transaction. It does not indicate any positive or negative sentiment about the company's performance.

Industry Context

This is a routine filing related to insider trading activity and is common for publicly traded companies. It does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The sale of common units by an executive is a common occurrence and does not indicate any specific trend compared to other companies.

Stakeholder Impact

• The sale of shares by an executive may have a minor impact on shareholder sentiment, but is unlikely to have a significant impact on other stakeholders.

Key Dates

Keywords

Suburban Propane, common units, insider trading, executive sale, Form 4, SPH