Thomas E. Kelso - 23 Jul 2025 Form 4 Insider Report for CrossAmerica Partners LP (CAPL)

Role
Director
Signature
Christina Casey-Best as attorney-in-fact for Thomas E. Kelso
Issuer symbol
CAPL
Transactions as of
23 Jul 2025
Transactions value $
$0
Form type
4
Filing time
23 Jul 2025, 15:36:59 UTC
Previous filing
25 Jul 2024
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Kelso Thomas E Director 14921 OLD YORK ROAD, PHOENIX Christina Casey-Best as attorney-in-fact for Thomas E. Kelso 23 Jul 2025 0001964243

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CAPL Phantom Units Award $0 +3,154 +52.65% $0 9,144 23 Jul 2025 Common Units 3,154 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each phantom unit is the economic equivalent of one common unit ("Common Unit") representing a limited partner interest in CrossAmerica Partners L.P. and is accompanied by tandem distribution equivalent rights that entitle the holder to cash payments equal to the amount of distributions authorized to be paid to the holders of Common Units.
F2 The phantom units will vest in one annual installment on the anniversary of the grant date, provided the reporting person was in continuous service as a director to the Issuer as of the vesting date, and when vested will be converted into either cash or common units, at the discretion of the Isser.