Breuckmann Pamela A 4

What Happened

• Pamela A. Breuckmann, a director of Ferrellgas Partners L.P., converted derivative/Class B units into Class A units on March 16, 2026. The filing shows acquisitions of 1,885 and 2,655 Class A units (total 4,540) and dispositions of 377 and 531 derivative/Class B units (total 908). Prices are shown as N/A or $0.00 — no cash payment was made in the conversion.

Key Details

• Transaction date: March 16, 2026; Form 4 filed March 26, 2026 (appears to be filed after the typical 2-business-day window).
• Conversion entries: 4,540 Class A units acquired; 908 Class B units disposed (derivative conversion, code C).
• Price/consideration: N/A or $0.00 — this was an in-kind conversion, not an open-market buy or sale.
• Shares owned after transaction: not specified in the provided transaction summary (check the full Form 4 for post-transaction holdings).
• Footnote: All outstanding Class B units were converted into Class A units at a 5-for-1 rate on March 16, 2026; Class B units were convertible at the issuer's option, subject to a condition, and had no expiration.

Context

• This is a conversion of one class of partnership units into another (derivative conversion), not a market sale or purchase. No immediate sale of the newly issued Class A units is reported. Such corporate-class conversions are typically administrative and do not by themselves indicate the insider’s market view.