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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): May 25, 2025

 

GLOBAL PARTNERS LP

(Exact name of registrant as specified in its charter)

 

Delaware 001-32593 74-3140887

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

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)

 

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)  

Name of 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 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 of Certain Officers.

 

On May 25, 2025, pursuant to the terms of the limited liability company agreement of Global GP LLC (the “Company”), the general partner of Global Partners LP (the “Partnership”) and in connection with the passing of Richard Slifka, Chairman of the Board of Directors (the “Board”) of the Company, Thomas P. Jalkut was appointed to the Board of the Company.

 

Since 1985, Mr. Jalkut has served as a partner in Nutter McClennen and Fish LLP’s Private Client Department (“Nutter”). At Nutter, Mr. Jalkut primarily practices estate planning for executives and owners of closely held corporations, and estate and trust administration. Mr. Jalkut has served as a trustee of more than three hundred private trusts and is a principal of Nutter Investment Advisors, L.P., which provides investment advice to a variety of clients. Mr. Jalkut received a Bachelor of Arts degree from Boston College and a Juris Doctorate from Boston College Law School. Mr. Jalkut is a member of the Boston Bar Association and the Massachusetts Bar Association’s Professional Ethics Committee. Mr. Jalkut is a fellow of the American College of Trust and Estate Counsel and a past chair of the Massachusetts Bar Association Probate Section Council. He is a board member of the Greater Yellowstone Coalition and an advisory board member of the Marine Biological Laboratory and Revolutionary Spaces of Boston. Mr. Jalkut previously served as chairman of the town of Walpole’s Charter Review Committee and of the Walpole Finance Committee.

 

From time to time, the Partnership retains Nutter for various legal services. Since January 1, 2024, Nutter received $733,834 from the Partnership for legal services rendered.

 

Eric Slifka has been appointed Chairman of the Company and Mr. Jalkut will serve as Vice Chairman.

 

 

 

 

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:  May 30, 2025 By: /s/ Sean T. Geary
    Sean T. Geary
    Chief Legal Officer and Secretary