---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-261814"
form_type: "8-K"
ticker: "SUN"
cik: "0001552275"
company_name: "Sunoco LP"
filed_at: "2025-11-03T23:59:59+00:00"
generated_at: "2026-05-17T00:52:20.945927+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Sunoco LP completes acquisition of Parkland Corporation; SunocoCorp common units to trade under SUNC

## Summary
- Aggregate consideration: ~CAD$3.458M cash and 51.5M SunocoCorp common units.
- SunocoCorp owns ~27.4% of Sunoco's outstanding common units via Sunoco Class D Units.
- SunocoCorp common units start trading on NYSE under 'SUNC' on Nov 6, 2025; Parkland shares to be delisted from TSX Nov 4.
- Omnibus Agreement ensures SunocoCorp receives 100% of Sunoco's distribution per unit through Dec 31, 2027.
- Energy Transfer delegates board election power to SunocoCorp via Delegation Agreement.

## SEC filing metadata
- accession: 0001193125-25-261814
- form_type: 8-K
- ticker: SUN
- cik: 0001552275
- company_name: Sunoco LP
- filed_at: 2025-11-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1552275/000119312525261814/0001193125-25-261814-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1552275/000119312525261814/d88976d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-261814
- JSON: https://secwatch.observer/filing/0001193125-25-261814.json
- Plain text: https://secwatch.observer/filing/0001193125-25-261814.txt

## Source-grounded claims
- claim_id: 7f53d1d777fa07d96265128f76e18acff0fcdee5
  claim: Sunoco LP: Amended Sunoco's partnership agreement to establish rights and obligations of Sunoco Class D Units, including voting and distribution equivalization (effective 2025-10-31).
  evidence_excerpt: On October 31, 2025, in connection with the issuance of the Sunoco Class D Units to SunocoCorp pursuant to the Arrangement, Sunoco GP LLC, the general partner of Sunoco amended Sunoco’s Third Amended and Restated Agreement of Limited Partnership, dated as of September 18, 2025 (the “ LPA Amendment ”), to establish the rights and obligations of the Sunoco Class D Units.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1552275/000119312525261814/0001193125-25-261814-index.htm
- claim_id: a3e87bf87cc3a84025292ef2107c561244d2c8a6
  claim: Sunoco LP completed an acquisition involving Parkland Corporation for approximately CAD$3.458 million in cash and approximately 51.5 million SunocoCorp Common Units (closed 2025-10-31).
  evidence_excerpt: in the Plan of Arrangement, the aggregate consideration payable to Parkland shareholders in connection with the consummation of the Arrangement, consists of approximately CAD$3.458 million in cash and approximately 51.5 million SunocoCorp Common Units. In connection with the consummation of the Arrangement, Sunoco issued to SunocoCorp a number of limited
  evidence_url: https://www.sec.gov/Archives/edgar/data/1552275/000119312525261814/0001193125-25-261814-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.