STOCK TITAN

Blackstone entities disclose ARKO Petroleum (APC) indirect holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

ARKO Petroleum Corp. received an initial Form 3 reporting indirect ownership of its Class A Common Stock by several Blackstone-related entities and Stephen A. Schwarzman as ten percent owners. The filing describes a chain of entities connected to Harvest Funds Advisors LLC, which manages funds holding ARKO Class A shares.

Harvest Funds Advisors, as investment manager, has voting authority and dispositive discretion over these securities, while the reporting persons may be deemed indirect beneficial owners for Section 13(d) purposes. The filing states they have no pecuniary interest in the securities and each reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider Blackstone Holdings I L.P., Blackstone Holdings I/II GP L.L.C., Blackstone Inc., Blackstone Group Management L.L.C., SCHWARZMAN STEPHEN A
Role null | null | null | null | null
Type Security Shares Price Value
holding Class A Common Stock -- -- --
holding Class A Common Stock -- -- --
Holdings After Transaction: Class A Common Stock — 0 shares (Indirect, See Footnotes)
Footnotes (1)
  1. Harvest Funds Advisors LLC ("HFA") is an investment manager to funds and separately managed accounts that own Class A Common Shares ("Class A Shares") of ARKO Petroleum Corp. (the "Issuer"). Harvest Fund Holdco L.P. is the sole member of HFA. Blackstone Harvest Holdco L.L.C. is the general partner of Harvest Fund Holdco L.P. Blackstone Intermediary Holdco L.L.C. is the sole member of Blackstone Harvest Holdco L.L.C. Blackstone Securities Partners L.P. is the sole member of Blackstone Intermediary Holdco L.L.C. Blackstone Advisory Services L.L.C. is the general partner of Blackstone Securities Partners L.P. HFA, an investment adviser registered under the Investment Advisers Act of 1940, as amended, advises funds and accounts. In such capacity, HFA has voting authority and dispositive discretion over the securities of the Issuer owned by such funds and accounts. The Reporting Persons may be deemed to be indirect beneficial owners of the securities owned by such funds and accounts for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), however, none of the Reporting Persons has any pecuniary interest in any of such securities. Reflects Class A Common Shares of the Issuer held by funds and accounts over which Blackstone Holdings I L.P. may be deemed to have indirect voting and dispositive power. Blackstone Holdings I L.P. is the sole member of Blackstone Advisory Services L.L.C. Blackstone Holdings I/II GP L.L.C. is the general partner of Blackstone Holdings I L.P. Blackstone Inc. is the sole member of Blackstone Holdings I/II GP L.L.C. The sole holder of the Series II preferred stock of Blackstone Inc. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman. Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person. Each of the Reporting Persons disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Exchange Act, each of the Reporting Persons states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
Indirect Class A shares 50,000 shares Class A Common Stock held indirectly as of 2026-02-12
Holding entries 2 entries Form 3 non-transaction holding lines for Class A Common Stock
Unknown transaction records 2 records transactionSummary unknownCount for reported holdings
indirect beneficial owners financial
"may be deemed to be indirect beneficial owners of the securities"
pecuniary interest financial
"none of the Reporting Persons has any pecuniary interest in any of such securities"
voting authority financial
"HFA has voting authority and dispositive discretion over the securities of the Issuer"
dispositive discretion financial
"HFA has voting authority and dispositive discretion over the securities of the Issuer"
Investment Advisers Act of 1940 regulatory
"HFA, an investment adviser registered under the Investment Advisers Act of 1940, as amended"
A U.S. federal law that sets rules for people and firms who give investment advice, requiring them to register with regulators, be honest about conflicts, keep records, and follow basic standards of care. It matters to investors because those rules act like licensing and consumer protections — similar to having safety standards for a mechanic — helping ensure advisers act in clients’ financial interests and reducing the risk of fraud or misuse of funds.
Section 13(d) regulatory
"for purposes of Section 13(d) of the Securities Exchange Act of 1934"
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Blackstone Holdings I L.P.

(Last)(First)(Middle)
C/O BLACKSTONE INC.
345 PARK AVENUE

(Street)
NEW YORK NEW YORK 10154

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
02/12/2026
3. Issuer Name and Ticker or Trading Symbol
ARKO Petroleum Corp. [ APC ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock0ISee Footnotes(1)(2)(4)(5)(6)
Class A Common Stock50,000ISee Footnotes(3)(4)(5)(6)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
Blackstone Holdings I L.P.

(Last)(First)(Middle)
C/O BLACKSTONE INC.
345 PARK AVENUE

(Street)
NEW YORK NEW YORK 10154

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Blackstone Holdings I/II GP L.L.C.

(Last)(First)(Middle)
C/O BLACKSTONE INC.
345 PARK AVENUE

(Street)
NEW YORK NEW YORK 10154

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Blackstone Inc.

(Last)(First)(Middle)
345 PARK AVENUE

(Street)
NEW YORK NEW YORK 10154

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Blackstone Group Management L.L.C.

(Last)(First)(Middle)
C/O BLACKSTONE INC.
345 PARK AVENUE

(Street)
NEW YORK NEW YORK 10154

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
SCHWARZMAN STEPHEN A

(Last)(First)(Middle)
C/O BLACKSTONE INC.
345 PARK AVENUE

(Street)
NEW YORK NEW YORK 10154

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
Explanation of Responses:
1. Harvest Funds Advisors LLC ("HFA") is an investment manager to funds and separately managed accounts that own Class A Common Shares ("Class A Shares") of ARKO Petroleum Corp. (the "Issuer"). Harvest Fund Holdco L.P. is the sole member of HFA. Blackstone Harvest Holdco L.L.C. is the general partner of Harvest Fund Holdco L.P. Blackstone Intermediary Holdco L.L.C. is the sole member of Blackstone Harvest Holdco L.L.C. Blackstone Securities Partners L.P. is the sole member of Blackstone Intermediary Holdco L.L.C. Blackstone Advisory Services L.L.C. is the general partner of Blackstone Securities Partners L.P.
2. HFA, an investment adviser registered under the Investment Advisers Act of 1940, as amended, advises funds and accounts. In such capacity, HFA has voting authority and dispositive discretion over the securities of the Issuer owned by such funds and accounts. The Reporting Persons may be deemed to be indirect beneficial owners of the securities owned by such funds and accounts for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), however, none of the Reporting Persons has any pecuniary interest in any of such securities.
3. Reflects Class A Common Shares of the Issuer held by funds and accounts over which Blackstone Holdings I L.P. may be deemed to have indirect voting and dispositive power.
4. Blackstone Holdings I L.P. is the sole member of Blackstone Advisory Services L.L.C. Blackstone Holdings I/II GP L.L.C. is the general partner of Blackstone Holdings I L.P. Blackstone Inc. is the sole member of Blackstone Holdings I/II GP L.L.C. The sole holder of the Series II preferred stock of Blackstone Inc. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.
5. Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.
6. Each of the Reporting Persons disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Exchange Act, each of the Reporting Persons states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
Remarks:
Because no more than 10 reporting persons can file any one Form 3 through the Securities and Exchange Commission's EDGAR system, certain affiliates of the Reporting Persons have filed separate Forms 3.
Blackstone Holdings I L.P., By: Blackstone Holdings I/II GP L.L.C., its general partner, By: /s/ Victoria Portnoy, Name: Victoria Portnoy, Title: Managing Director - Assistant Secretary05/11/2026
Blackstone Holdings I/II GP L.L.C., By: /s/ Victoria Portnoy, Name: Victoria Portnoy, Title: Managing Director - Assistant Secretary05/11/2026
Blackstone Inc., By: /s/ Victoria Portnoy, Name: Victoria Portnoy, Title: Managing Director - Assistant Secretary05/11/2026
Blackstone Group Management L.L.C., By: /s/ Victoria Portnoy, Name: Victoria Portnoy, Title: Managing Director - Assistant Secretary05/11/2026
Stephen A. Schwarzman, By: /s/ Stephen A. Schwarzman05/11/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the ARKO Petroleum (APC) Form 3 filed by Blackstone entities show?

The Form 3 reports indirect ownership of ARKO Petroleum Class A Common Stock by several Blackstone-related entities and Stephen A. Schwarzman. It identifies them as ten percent owners through a structure involving Harvest Funds Advisors LLC, which manages funds and accounts that actually hold the ARKO shares.

How many ARKO Petroleum Class A shares are reported in this Form 3?

The Form 3 includes an entry showing 50,000 Class A Common Stock shares of ARKO Petroleum held indirectly as of the reported date. Another line shows a zero balance for a separate indirect holding, indicating no shares for that specific entry after the reported date.

Who has voting authority over the ARKO Petroleum (APC) shares in this filing?

Harvest Funds Advisors LLC has voting authority and dispositive discretion over ARKO Petroleum securities owned by the funds and accounts it advises. The Blackstone-related reporting persons are described as potentially indirect beneficial owners but do not exercise this voting or investment authority directly.

Do Blackstone entities have a pecuniary interest in the ARKO Petroleum shares?

The filing states that none of the reporting persons has any pecuniary interest in the ARKO Petroleum securities owned by the advised funds and accounts. They may be deemed indirect beneficial owners for Section 13(d) purposes but explicitly disclaim beneficial ownership beyond any pecuniary interest.

How is Stephen A. Schwarzman connected to ARKO Petroleum ownership in this Form 3?

Stephen A. Schwarzman is identified through a control chain over Blackstone Inc. and related entities, including Blackstone Group Management L.L.C., which is wholly-owned by Blackstone’s senior managing directors and controlled by him. Through this structure, he is listed as a ten percent owner with indirect beneficial ownership.

What role does Harvest Funds Advisors play in ARKO Petroleum (APC) ownership?

Harvest Funds Advisors LLC is an investment adviser registered under the Investment Advisers Act of 1940 and manages funds and accounts that own ARKO Petroleum Class A shares. It holds voting and dispositive authority over these securities, while the Blackstone-related reporting persons are positioned further up the ownership chain.