secwatch.observer — SEC 8-K summary
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Issuer:     GLOBAL PARTNERS LP (GLP)
CIK:        0001323468
Form:       8-K
Filed at:   2022-10-28T23:59:59+00:00
Accession:  0001104659-22-112498
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CHRO Jeremy Langhorn resigns, receives $1.426M cash severance plus accelerated equity
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- Chief Human Resources Officer Jeremy Langhorn resigned effective Oct 28, 2022 to pursue other opportunities.
- Severance: $950K (200% salary) + $476K (200% target STIP) lump sum.
- Accelerated vesting of 7,890 time-based and 7,890 performance-based phantom units settled in cash.
- Continues base salary through Dec 31, 2022 and COBRA reimbursement for 18 months; non-compete voided.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1323468/000110465922112498/0001104659-22-112498-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1323468/000110465922112498/tm2229181d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-112498

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer