Form 4: Suburban Propane Partners LP: SVP Brinkworth Reports Sale of Common Units
SEC Form 4
Douglas Brinkworth, SVP of Production, Supply, Purchasing, and Logistics at Suburban Propane Partners L.P., reported the sale of 2,000 common units at $20.50 per unit on March 12, 2025.
Summary
- On March 12, 2025, Douglas Brinkworth, SVP at Suburban Propane Partners L.P., sold 2,000 common units of the company.
- The sale price was $20.50 per unit.
- Following the transaction, Brinkworth directly owns 159,355 common units.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of an insider transaction. The sale of shares by an executive could be interpreted in various ways, but without further context, it's difficult to assign a strong positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the buying and selling activities of company executives. It allows investors to monitor the actions of those with inside knowledge of the company.
Stakeholder Impact
- The sale of shares by a company executive may have a minor impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/12/2025 | Date of transaction: Douglas Brinkworth sold 2,000 common units. |
| 03/13/2025 | Date of signature on the report by Bryon Koepke, by power of attorney. |
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