Business Context and Reporting Period
This Form 8-K filing by Global Partners LP (GLP) was submitted on January 12, 2026. The report serves as a Regulation FD disclosure regarding a corporate action taken by the Board of Directors of its general partner, Global GP LLC.
Key Financial Metrics
The filing discloses a specific distribution event for the Partnership's preferred securities:
- Security Class: 9.50% Series B Fixed Rate Cumulative Redeemable Perpetual Preferred Units.
- Quarterly Distribution: $0.59375 per unit.
- Annualized Distribution: $2.375 per unit.
- Distribution Period: November 15, 2025, through February 14, 2026.
- Record Date: February 2, 2026 (opening of business).
- Payment Date: February 17, 2026.
The filing text does not provide clear values for revenue, profit, cash flow, operating margins, debt levels, or general liquidity metrics.
Material Changes
This filing does not report material changes to financial performance, operations, or debt structure compared to prior periods. The sole material event is the declaration of the quarterly cash distribution for Series B preferred unitholders.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies beyond the standard disclosure that the information in Item 7.01 is not deemed "filed" under Section 18 of the Exchange Act unless specifically incorporated by reference.
Investor Verification Checklist
- Verify the record date of February 2, 2026, to confirm eligibility for the upcoming distribution.
- Confirm the payment date of February 17, 2026, for cash flow planning.
- Review the attached press release (Exhibit 99.1) for any additional context regarding the Series B preferred units.
- Note that this filing does not contain updated financial statements or operational results for the period.