Romaine Mark 4/A
4/A · GLOBAL PARTNERS LP · Filed Mar 19, 2026
Research Summary
AI-generated summary of this filing
GLOBAL PARTNERS (GLP) COO Mark Romaine Sells 2,223 Shares
What Happened
Mark Romaine, Chief Operating Officer of Global Partners LP (GLP), sold a total of 2,223 common units (limited partner interests) in open-market transactions. On March 12, 2026 he disposed of 1,323 units at a weighted-average price of $47.62 (total ≈ $63,001) and on March 13, 2026 he sold 900 units at $47.50 (total $42,750). Combined proceeds were roughly $105,751. These were sales (dispositions), not purchases.
Key Details
- Transaction dates and prices: March 12, 2026 — 1,323 units at a weighted-average $47.62 (amended); March 13, 2026 — 900 units at $47.50.
- Range of prices: Footnote indicates the March 12 sales occurred in multiple trades at prices between $47.50 and $48.11; the filer can provide a full breakdown on request.
- Filing status: This is an amended Form 4 filed March 19, 2026 to correct the March 12 sale details; the March 13 sale information was unchanged. The original Form 4 was filed March 13, 2026.
- Shares owned after transaction: The amendment updates the number of common units beneficially owned on March 12 and March 13; the amended Form 4 contains the post-transaction holdings.
Context
These were routine open-market sales by an officer. Sales do not necessarily indicate the insider’s view of the company’s prospects; purchases tend to be more informative about insider confidence. The filer’s offer to disclose the per-trade breakdown (prices and quantities) can be requested from the company or the SEC staff for more detail.
Insider Transaction Report
- Sale
Common Units representing limited partner interests
[F1][F2]2026-03-12$47.62/sh−1,323$63,001→ 163,385 total - Sale
Common Units representing limited partner interests
[F1]2026-03-13$47.50/sh−900$42,750→ 162,485 total
Footnotes (2)
- [F1]The Reporting Person is amending its Form 4 filed on March 13, 2026 to correct the number of units and weighted average price reported as sold on March 12, 2026 in column 4 of Table I, and to provide the updated number of common units representing limited partner interest in the Issuer ("Common Units") beneficially owned on both March 12, 2026 and March 13, 2026. There is no change to the number of units or the weighted average price of the units sold on March 13, 2026.
- [F2]These Common Units were sold in multiple transactions at prices from $47.50 to $48.11, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Common Units sold at each separate price within the range set forth in this footnote (2) to this Form 4.