SEC Filing Summary: Global Partners LP (GLP)
Business Context and Reporting Period
This Form 8-K was filed by Global Partners LP on April 13, 2026. The filing serves as a Regulation FD disclosure regarding a quarterly cash distribution declaration for the Partnership's 9.50% Series B Fixed Rate Cumulative Redeemable Perpetual Preferred Units.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, or debt metrics. The only specific financial data disclosed relates to the preferred unit distribution:
- Quarterly Distribution: $0.59375 per Series B preferred unit.
- Annualized Distribution: $2.375 per Series B preferred unit.
- Distribution Period: February 15, 2026, through May 14, 2026.
- Payment Date: May 15, 2026.
- Record Date: May 1, 2026.
Material Changes
The filing does not report material changes to the company's operations, financial position, or results of operations compared to prior periods. It solely announces the scheduled declaration of a fixed-rate preferred distribution.
Guidance, Outlook, and Risks
The filing contains no management guidance, forward-looking outlook, or discussion of risks and contingencies beyond the standard disclosure that the press release information is not deemed "filed" under Section 18 of the Exchange Act unless specifically incorporated by reference.
Investor Verification Checklist
- Verify the record date of May 1, 2026, to ensure eligibility for the upcoming distribution.
- Confirm the payment date of May 15, 2026, for cash flow planning.
- Review the attached Exhibit 99.1 (Press Release) for any additional context regarding the Series B preferred units.
- Note that this filing does not contain updated financial performance data (revenue, EBITDA, etc.) for the period.