Silver Point reveals 12.9% stake in Copper Property CTL (NYSE: CPPTL)

Rhea-AI Filing Summary

Silver Point Capital, L.P., together with Edward A. Mule and Robert J. O'Shea, reports beneficial ownership of 9,664,039 Copper Property CTL Pass Through Trust certificates, representing 12.9% of the class. The percentage is based on 75,000,000 trust certificates outstanding as of September 30, 2025. The securities are held through Silver Point-managed funds, with shared voting and dispositive power and no sole voting or dispositive authority reported. The reporting group certifies that the position is not held for the purpose of changing or influencing control of the issuer.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Copper Property CTL Pass Through Trust

(Name of Issuer)

Trust Certificates

(Title of Class of Securities)

217519107

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 217519107

1

Names of Reporting Persons

Silver Point Capital, L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 9,664,039.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 9,664,039.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

9,664,039.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

12.9 %

12

Type of Reporting Person (See Instructions)

IA, PN

SCHEDULE 13G

CUSIP No. 217519107

1

Names of Reporting Persons

Edward A. Mule

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 9,664,039.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 9,664,039.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

9,664,039.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

12.9 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

CUSIP No. 217519107

1

Names of Reporting Persons

Robert J. O'Shea

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 9,664,039.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 9,664,039.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

9,664,039.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

12.9 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Copper Property CTL Pass Through Trust
(b)	Address of issuer's principal executive offices: The issuer's principal executive office is located at 3 Second Street, Suite 206, Jersey City, New Jersey 07311-4056.
Item 2.
(a)	Name of person filing: This Amendment No. 2 to Schedule 13G is being jointly filed by Silver Point Capital, L.P., a Delaware limited partnership ("Silver Point"), Mr. Edward A. Mule and Mr. Robert J. O'Shea with respect to the ownership of the trust certificates of the issuer by Silver Point Capital Fund, L.P., Silver Point Capital Offshore Master Fund, L.P., Silver Point Distressed Opportunities Fund, L.P., and Silver Point Distressed Opportunity Institutional Partners, L.P. (collectively, the "Funds"). The Funds are managed by Silver Point or its wholly owned subsidiaries. Silver Point Capital Management, LLC ("Management") is the general partner of Silver Point and as a result may be deemed to be the beneficial owner of the securities held by the Funds. Each of Mr. Edward A. Mule and Mr. Robert J. O'Shea is a member of Management and has voting and investment power with respect to the securities held by the Funds and may be deemed to be a beneficial owner of the securities held by the Funds. Silver Point, Mr. Mule and Mr. O'Shea are collectively referred to herein as the "Reporting Persons." The Reporting Persons have entered into a Joint Filing Agreement, dated February 17, 2026, a copy of which is filed with this Amendment No. 2 to Schedule 13G, pursuant to which the Reporting Persons have agreed to file this statement jointly in accordance with the provisions of Rule 13d-1(k)(1) under the Act.
(b)	Address or principal business office or, if none, residence: The address of the principal business office of each of the Reporting Persons is Two Greenwich Plaza, Suite 1 Greenwich, CT 06830.
(c)	Citizenship: Silver Point is organized as a limited partnership under the laws of the State of Delaware. Both Mr. Mule and Mr. O'Shea are U.S. citizens.
(d)	Title of class of securities: Trust Certificates
(e)	CUSIP No.: 217519107
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: The responses of the Reporting Persons to rows (5) through (11) of the cover pages of this Amendment No. 2 to Schedule 13G are incorporated herein by reference.
(b)	Percent of class: The percentages provided herein are calculated based upon 75,000,000 of the issuer's trust certificates outstanding as of September 30, 2025 as disclosed in the issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2025. The Reporting Persons may be deemed to beneficially own 12.9%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: The responses of the Reporting Persons to rows (5) through (11) of the cover pages of this Amendment No. 2 to Schedule 13G are incorporated herein by reference.
	(ii) Shared power to vote or to direct the vote: The responses of the Reporting Persons to rows (5) through (11) of the cover pages of this Amendment No. 2 to Schedule 13G are incorporated herein by reference.
	(iii) Sole power to dispose or to direct the disposition of: The responses of the Reporting Persons to rows (5) through (11) of the cover pages of this Amendment No. 2 to Schedule 13G are incorporated herein by reference.
	(iv) Shared power to dispose or to direct the disposition of: The responses of the Reporting Persons to rows (5) through (11) of the cover pages of this Amendment No. 2 to Schedule 13G are incorporated herein by reference.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. See response to Item 4.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Silver Point Capital, L.P.

Signature:	/s/ Steven Weiser
Name/Title:	Steven Weiser, Authorized Signatory
Date:	02/17/2026

Edward A. Mule

Signature:	/s/ Steven Weiser
Name/Title:	Steven Weiser, Attorney-in-fact
Date:	02/17/2026

Robert J. O'Shea

Signature:	/s/ Steven Weiser
Name/Title:	Steven Weiser, Attorney-in-fact
Date:	02/17/2026

Exhibit Information

Exhibit Index Exhibit A Joint Filing Agreement dated February 17, 2026. Exhibit B Power of Attorney of Edward A. Mule (incorporated here by reference to Exhibit B to Schedule 13G filed by Silver Point Capital, L.P., Edward A. Mule and Robert J. O'Shea with the Securities and Exchange Commission on February 16, 2016 relating to TopBuild Corp.). Exhibit C Power of Attorney of Robert J. O'Shea (incorporated here by reference to Exhibit C to Schedule 13G filed by Silver Point Capital, L.P., Edward A. Mule and Robert J. O'Shea with the Securities and Exchange Commission on February 16, 2016 relating to TopBuild Corp.).

FAQ

What stake in Copper Property CTL Pass Through Trust does Silver Point report in this Schedule 13G/A for CPPTL?

Silver Point and related reporting persons report beneficial ownership of 9,664,039 trust certificates, equal to 12.9% of the class. This percentage is calculated against 75,000,000 certificates outstanding as of September 30, 2025, as disclosed in the issuer's Form 10-Q.

Which entities and individuals are the reporting persons in the CPPTL Schedule 13G/A filing?

The filing is made jointly by Silver Point Capital, L.P., Edward A. Mule, and Robert J. O'Shea. The trust certificates are held by several Silver Point funds that are managed by Silver Point or its wholly owned subsidiaries, with a joint filing agreement in place.

How much voting and dispositive power over CPPTL trust certificates do the reporting persons have?

The reporting persons report 0 sole voting and dispositive power and 9,664,039 shared voting and shared dispositive power. This means decisions to vote or sell these trust certificates are made on a shared basis rather than individually by any single reporting person.

On what date did the ownership event occur that triggered this CPPTL Schedule 13G/A amendment?

The relevant ownership event date is December 31, 2025. That date is identified as the event requiring the filing of this Schedule, and the amendment updates previously reported beneficial ownership information as of that point in time.

Does Silver Point indicate any intent to change control of Copper Property CTL Pass Through Trust in this filing?

The reporting persons certify the securities were not acquired and are not held for the purpose of changing or influencing control of the issuer. They also state the holdings are not part of any transaction with that purpose, aside from activities tied to a nomination under Rule 240.14a-11.

Where are the principal business offices of the CPPTL issuer and the Silver Point reporting persons located?

Copper Property CTL Pass Through Trust’s principal executive office is at 3 Second Street, Suite 206, Jersey City, New Jersey 07311-4056. The principal business office of each reporting person is at Two Greenwich Plaza, Suite 1, Greenwich, CT 06830.