Craig Palleschi - 14 Nov 2025 Form 4 Insider Report for SUBURBAN PROPANE PARTNERS LP (SPH)

Role
VP-Renewable Nat Gas Opers
Signature
Bryon Koepke, by power of attorney
Issuer symbol
SPH
Transactions as of
14 Nov 2025
Transactions value $
-$67,543
Form type
4
Filing time
18 Nov 2025, 10:36:28 UTC
Previous filing
19 Feb 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Palleschi Craig VP-Renewable Nat Gas Opers C/O SUBURBAN PROPANE PARTNERS LP, 240 ROUTE 10 WEST, WHIPPANY Bryon Koepke, by power of attorney 17 Nov 2025 0002000759

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPH Common Units (representing limited partnership interests) Tax liability -$67,543 -3,587 -17.5% $18.83 16,911 14 Nov 2025 Direct F1
transaction SPH Common Units (representing limited partnership interests) Options Exercise $130,887 +6,951 +41.1% $18.83 23,862 14 Nov 2025 Direct
transaction SPH Common Units (representing limited partnership interests) Disposed to Issuer -$130,887 -6,951 -29.13% $18.83 16,911 14 Nov 2025 Direct
transaction SPH Common Units (representing limited partnership interests) Award $0 +8,038 +47.53% $0 24,949 15 Nov 2025 Direct

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 SPH Phantom Units Options Exercise -6,951 -48.51% 7,379 14 Nov 2025 Common Units 6,951 Direct F2
transaction SPH Phantom Units Award $0 +8,038 +1.09% $0 15,417 15 Nov 2025 Common Units 8,038 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents filer's payment of tax liability in connection with the vesting of previously granted restricted units by means of Issuer's withholding of Common Units in accordance with the provisions of Issuer's restricted unit plan and SEC Rule 16b-3.
F2 One third of the phantom units vest on each of the first three anniversaries of the grant date, subject to continuous employment or service of the reporting person from the grant date through the applicable payment date. Upon vesting, phantom units are automatically converted into cash equal to the average of the highest and lowest trading prices of the Issuer's Common Units on the vesting date.