Romaine Mark

COO Romaine Mark sold 15,611 shares over 3 days (Mar 16-18) for $740,240.60 at blended avg $47.42, reducing stake 9.6%

Romaine Mark executed three separate sales totaling 15,611 shares for $740,240.60 over a three-day window, bringing his holdings from 162,485 to 146,874 shares. Across his open-market history, his prior sells have produced a 33.33% well-timed rate with an average 90-day return of +1.7%, meaning his prior sales generally occurred before stock appreciation—a modest but not exceptional pattern. At GLP specifically, his three prior sales have all underperformed: the 30-day and 90-day returns were mixed (ranging from -6.1% to +3.3%), with zero of three sales being well-timed at the 90-day mark. The current stock price of $47.92 is only 1.1% above his blended transaction price of $47.42 and sits 14.8% below the 52-week high, suggesting he sold during a soft-price environment rather than at an inflection point.

GLP COO Romaine Mark sells 15,006 shares (9.1% of holdings) across 3 transactions for $794,327.70

Romaine Mark, Chief Operating Officer of Global Partners LP, executed 3 separate sales totaling 15,006 shares for $794,327.70 between March 21–25, 2025, at prices ranging from $52.74 to $54.06 (blended average $52.93). The sale reduced his holdings from 164,158 shares to 149,152 shares, representing a 9.1% reduction in his position. The transactions occurred as the stock trades at $53.54 current price, down 8.0% over 30 days and 10.6% from its 52-week high of $59.88, against a backdrop of modest fundamental metrics (P/E of 18.27, net income of $45,922,000.00 on $4,422,238,000.00 quarterly revenue, and 4.1% annual revenue growth). The multiple-transaction pattern over four business days and the insider's retention of 149,152 shares post-sale provide the context for evaluation but do not themselves indicate motivation.