Global Partners LP COO Romaine Mark Sells 7119 Shares for $51.28 on 2025-07-15.

Global Partners LP, a prominent investment firm, has recently disclosed that Chief Operating Officer Romaine Mark has executed a pair of transactions involving the sale of company shares. Firstly, on July 15, 2025, Mr. Mark sold 7,119 shares at a price of $51.28 per share. Secondly, on July 16, 2025, he sold an additional 1,881 shares at a price of $51.68 per share. These transactions reflect the ongoing activities of the company's leadership team and demonstrate their commitment to transparency in their financial dealings.

Title: Global Partners LP: COO Romaine Mark Executes Share Sales

Global Partners LP (GLP), a leading independent owner, supplier, and operator of liquid energy terminals, fueling locations, and retail experiences, has recently disclosed significant share transactions executed by its Chief Operating Officer, Romaine Mark. These transactions, reported in a Form 4 filing with the U.S. Securities and Exchange Commission (SEC), provide insights into the ongoing activities of the company's leadership team and their commitment to transparency.

On July 15, 2025, Romaine Mark sold 7,119 shares of the company at a price of $51.28 per share. The following day, July 16, 2025, he sold an additional 1,881 shares at a price of $51.68 per share. These transactions reflect a strategic move by the company's leadership to align their interests with those of the company's investors, thereby fostering transparency and accountability.

The transactions were part of a broader series of changes within the company. Notably, the company announced the passing of Richard Slifka, Chairman of the Board of Directors of the Partnership’s general partner, Global GP LLC, on May 25, 2025. Following this change, Thomas P. Jalkut was appointed as the new Vice Chairman. These leadership changes were followed by a private placement of $450 million in senior notes due 2033, which the company used to fund a cash tender offer for outstanding 7% senior notes due 2027 and meet a portion of the debt under its credit agreement.

These transactions and the subsequent refinancing efforts underscore Global Partners LP's commitment to financial stability and investor confidence. The company's focus on transparency, as evidenced by the share sales by its COO, is a key aspect of its ongoing strategy to maintain a strong market position.

References
[1] https://www.streetinsider.com/SEC+Filings/Form+4+GLOBAL+PARTNERS+LP+For%3A+Jul+15+Filed+by%3A+Romaine+Mark/25061263.html
[2] https://finance.yahoo.com/news/global-partners-lp-finalizes-450-130917628.html