8-K
Global Partners LP (GLP)
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT
REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): April 9, 2025
GLOBAL PARTNERS LP
(Exact name of registrant as specified in itscharter)
| Delaware | 001-32593 | 74-3140887 |
|---|---|---|
| (State or other jurisdiction<br><br> <br>of incorporation) | (Commission<br><br> <br>File Number) | (IRS Employer<br><br> <br>Identification No.) |
P.O. Box 9161
800 South Street
Waltham, Massachusetts 02454-9161
(Address of Principal Executive Offices)
(781) 894-8800
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|---|---|
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | TradingSymbol(s) | Nameof each exchange on which registered |
|---|---|---|
| Common Units representing limited partner interests | GLP | New York Stock Exchange |
| 9.50% Series B Fixed Rate Cumulative Redeemable Perpetual Preferred<br>Units representing limited partner interests | GLP pr B | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements ofCertain Officers. |
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On April 9, 2025, Sean T. Geary, Chief Legal Officer and Secretary of Global GP LLC (the “General Partner”), the general partner of Global Partners LP (the “Partnership”), notified the General Partner that Mr. Geary will resign as the General Partner’s Chief Legal Officer and Secretary effective January 1, 2026. He will continue to be employed as a Senior Legal Advisor to the General Partner and the Partnership following his resignation on terms to be negotiated.
Kristin Seabrook will join the General Partner as Senior Vice President of Legal Transformation on April 14, 2025 and will succeed Mr. Geary as Chief Legal Officer effective January 1, 2026. Previously, Ms. Seabrook was Executive Vice President, Chief Legal Counsel and Secretary at Pilot Travel Centers LLC, where she worked from 2007 to 2025**.** The terms of any plan, contract or arrangement with, or any grant or award to, Ms. Seabrook in connection with her appointment as Chief Legal Officer have not yet been determined.
| Item 7.01 | Regulation FD Disclosure. |
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The information set forth under Item 5.02 of this Current Report on Form 8-K is hereby incorporated in Item 7.01 by reference.
The information furnished pursuant to Item 7.01 in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be “filed” for the purposes of Section 18 of the Exchange Act, or otherwise subject to the liability of that section, unless the Partnership specifically states that the information is to be considered “filed” under the Exchange Act or incorporates it by reference into a filing under the Securities Act of 1933, as amended, or the Exchange Act.
A copy of the Partnership’s press release is attached hereto as Exhibit 99.1 and incorporated herein by reference
| Item 9.01 | Financial Statements and Exhibits. |
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(d) Exhibits
| ExhibitNumber | Description |
|---|---|
| 99.1 | Global Partners LP Press Release dated April 11, 2025 |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| GLOBAL PARTNERS LP | ||
|---|---|---|
| By: | Global GP LLC | |
| its general partner | ||
| Dated: April 11, 2025 | By: | /s/ Sean T. Geary |
| Sean T. Geary | ||
| Chief Legal Officer and Secretary |
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Exhibit 99.1
FOR IMMEDIATE RELEASE
GlobalPartners LP Announces Transition of Chief Legal Officer
Former CLO of Pilot Flying J to lead the legal team during a time of growth and transformation
Waltham,MA – April 11, 2025 – Global Partners LP (NYSE: GLP) today announced that Sean T. Geary will step down as Chief Legal Officer effective January 1, 2026, after an extraordinary tenure of guiding Global’s legal and compliance functions with expertise, dedication, and strategic foresight. Sean has been an integral part of Global’s growth story, providing invaluable leadership through complex legal and regulatory landscapes. Fortunately, his contributions will not end here—Sean will continue to serve as Senior Legal Advisor, offering counsel to the leadership team to ensure a smooth transition and ongoing continuity.
Kristin Seabrook will join Global Partners as Senior Vice President of Legal Transformation on April 14, 2025, and will assume the role of Chief Legal Officer on January 1, 2026. Kristin brings an extensive track record of leadership and expertise, having served as Chief Legal Counsel and Secretary at Pilot Flying J, where she led an 86-person legal team managing a wide array of business functions, including mergers and acquisitions and corporate, trade and regulatory compliance.
Kristin’s leadership and business-aligned approach will help drive Global’s continued growth and transformation while ensuring that the legal function remains a strategic enabler of the company’s objectives.
“We are excited to welcome Kristin to Global Partners,” said Eric Slifka, President and CEO of Global Partners. “Her industry knowledge, business acumen, and strategic approach to legal matters will be invaluable as we continue to grow and strengthen our business. Kristin’s expertise in M&A, compliance, and corporate governance will play a critical role in supporting Global’s strategy of acquiring, investing, and optimizing—helping us identify growth opportunities, enhance our operational capabilities, and optimize our portfolio to deliver long-term value.
“We are also deeply grateful to Sean for his unwavering leadership and continued commitment to Global,” Slifka continued. “Sean’s impact on Global has been profound, and we are fortunate that he will remain engaged as an advisor during this transition and beyond.”
About Global Partners LP
Building on a legacy that began more than 90 years ago, Global Partners has evolved into a Fortune 500 company and industry-leading integrated owner, supplier, and operator of liquid energy terminals, fueling locations, and guest-focused retail experiences. Global operates or maintains dedicated storage at 54 liquid energy terminals—with connectivity to strategic rail, pipeline, and marine assets—spanning from Maine to Florida and into the U.S. Gulf States. Through this extensive network, the company distributes gasoline, distillates, residual oil, and renewable fuels to wholesalers, retailers, and commercial customers. In addition, Global owns, operates and/or supplies approximately 1,700 retail locations across the Northeast states, the Mid-Atlantic, and Texas, providing the fuels people need to keep them on the go at their unique guest-focused convenience destinations. Recognized as one of Fortune’s Most Admired Companies, Global Partners is embracing progress and diversifying to meet the needs of the energy transition.
Global, a master limited partnership, trades on the New York Stock Exchange under the ticker symbol “GLP.” For additional information, visit www.globalp.com.
Media Contact:
Reid Lamberty, Senior Communications Advisor
reid.lamberty@globalp.com
516-305-1210
Investor Contact:
Gregory B. Hanson
Chief Financial Officer
Global Partners LP
(781) 894-8800
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