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Name | Symbol | Market | Type |
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Suburban Propane | NYSE:SPH | NYSE | Trust |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
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-0.25 | -1.23% | 20.11 | 20.79 | 19.72 | 20.39 | 257,501 | 01:00:00 |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
Commission File Number:
(Exact name of registrant as specified in its charter)
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of Incorporation) |
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Identification No.) |
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
Trading Symbol |
Name of exchange on which registered |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
ITEM 5.02. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS
At its regular meeting on January 24, 2024, the Board of Supervisors (the “Board”) of Suburban Propane Partners, L.P. (the “Partnership”), was notified by Lawrence C. Caldwell that he intends to retire from the Board and the committees of the Board on which he serves, effective May 20, 2024.
Mr. Caldwell has served on the Board since November 2012 and his decision to retire from the Board was not because of any disagreement with the Partnership. The Partnership gratefully acknowledges Mr. Caldwell’s 11 years of dedicated service on the Board.
Effective upon Mr. Caldwell’s retirement on May 20, 2024 and pursuant to authority granted to the Board under the Partnership’s Third Amended and Restated Agreement of Limited Partnership, as amended, the size of the Board of Supervisors will be reduced from nine (9) Supervisors to eight (8) Supervisors.
ITEM 8.01. OTHER EVENTS
On January 26, 2024, the Partnership issued a press release announcing that the Partnership’s 2024 Tri-Annual Meeting of the Limited Partners of the Partnership will be held in person on Tuesday, May 21, 2024, beginning at 9:00 a.m. E.T, at its executive offices located at One Suburban Plaza, 240 Route 10 West, Whippany, New Jersey 07981 (the “2024 Tri-Annual Meeting”). Additional information about the 2024 Tri-Annual Meeting and how the Partnership’s Unitholders may attend will be provided in the notice of the meeting and proxy statement, which will be sent to the Partnership’s Unitholders and filed with the Securities and Exchange Commission in advance of the 2024 Tri-Annual Meeting.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits.
99.1 |
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Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
January 26, 2024 |
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SUBURBAN PROPANE PARTNERS, L.P. |
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By: |
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/s/ BRYON L. KOEPKE |
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Bryon L. Koepke |
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Title: |
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Vice President, General Counsel & Secretary |
Exhibit 99.1
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News Release Contact: Michael A. Kuglin Chief Financial Officer & Chief Accounting Officer P.O. Box 206, Whippany, NJ 07981-0206 Phone: 973-503-9252 |
FOR IMMEDIATE RELEASE
Suburban Propane Partners, L.P. to Hold 2024 Tri-Annual Meeting
Whippany, New Jersey, January 26, 2024 -- Suburban Propane Partners, L.P. (NYSE:SPH) (the “Partnership”), a nationwide distributor of propane, renewable propane, renewable natural gas, fuel oil and related products and services, as well as a marketer of natural gas and electricity and investor in low carbon fuel alternatives, announced today that it has scheduled its 2024 Tri-Annual Meeting of the Limited Partners of the Partnership to be held in person on Tuesday, May 21, 2024, beginning at 9:00 a.m. E.T, at its executive offices located at One Suburban Plaza, 240 Route 10 West, Whippany, New Jersey 07981 (the “2024 Tri-Annual Meeting”).
Additional information about the 2024 Tri-Annual Meeting and how the Partnership’s Unitholders may attend will be provided in the notice of the meeting and proxy statement, which will be sent to the Partnership’s Unitholders and filed with the Securities and Exchange Commission in advance of the 2024 Tri-Annual Meeting.
About Suburban Propane Partners, L.P.
Suburban Propane Partners, L.P. is a publicly traded master limited partnership listed on the New York Stock Exchange under the ticker symbol SPH. Headquartered in Whippany, New Jersey, Suburban has been in the customer service business since 1928 and is a nationwide distributor of propane, renewable energy and related products and services, as well as a marketer of natural gas and electricity and an investor in low carbon alternatives. The Partnership serves the energy needs of approximately 1 million residential, commercial, governmental, industrial and agricultural customers through approximately 700 locations across 42 states. The Partnership is supported by three core pillars: (1) Suburban Commitment – showcasing the Partnership's 95-year legacy, and ongoing commitment to the highest standards for dependability, flexibility, and reliability that underscores the Partnership's commitment to excellence in customer service; (2) SuburbanCares – highlighting the Partnership's continued dedication to giving back to local communities across the Partnership's national footprint and (3) Go Green with Suburban Propane – promoting the clean burning and versatile nature of propane and renewable propane as a solution to a green energy future and its commitment to investing in and developing the next generation of renewable energy.
For additional information on Suburban Propane, please visit www.suburbanpropane.com.
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Document and Entity Information |
Jan. 24, 2024 |
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Cover [Abstract] | |
Amendment Flag | false |
Entity Central Index Key | 0001005210 |
Document Type | 8-K |
Document Period End Date | Jan. 24, 2024 |
Entity Registrant Name | SUBURBAN PROPANE PARTNERS LP |
Entity Incorporation State Country Code | DE |
Entity File Number | 1-14222 |
Entity Tax Identification Number | 22-3410353 |
Entity Address, Address Line One | 240 Route 10 West |
Entity Address, City or Town | Whippany |
Entity Address, State or Province | NJ |
Entity Address, Postal Zip Code | 07981 |
City Area Code | (973) |
Local Phone Number | 887-5300 |
Written Communications | false |
Soliciting Material | false |
Pre Commencement Tender Offer | false |
Pre Commencement Issuer Tender Offer | false |
Security 12b Title | Common Units |
Trading Symbol | SPH |
Security Exchange Name | NYSE |
Entity Emerging Growth Company | false |
1 Year Suburban Propane Chart |
1 Month Suburban Propane Chart |
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