Insider Filing: C. Scott Baxter Discloses 15,000 SGU Units at $11.79

Rhea-AI Filing Summary

C. Scott Baxter, identified as a director of Star Group, L.P. (SGU), filed a Form 4 disclosing a transaction dated 08/13/2025 in Common Units. The filing shows transaction code P, reports 15,000 units and a price of $11.79, and indicates the ownership form as Direct. The form is signed by C. Scott Baxter on 08/13/2025.

Insights

Securities Analyst

TL;DR: Routine insider disclosure showing a single transaction of 15,000 common units at $11.79; materiality cannot be assessed from this filing alone.

The filing documents a director-level insider transaction dated 08/13/2025 for 15,000 common units at a reported price of $11.79 and identifies the position as Direct. The form includes transaction code P but does not provide context such as pre-transaction holdings, percentage ownership, or company market capitalization, which prevents assessing whether the trade is material to holders. This is a factual disclosure consistent with Section 16 reporting requirements.

Corporate Governance Expert

TL;DR: A director submitted a Form 4 notifying the market of a securities change; the filing is informational but lacks context to evaluate governance implications.

The report shows that C. Scott Baxter, a director of Star Group, L.P., executed a transaction in Common Units on 08/13/2025 and signed the form the same date. The document confirms disclosure compliance but does not include details on whether the transaction was part of a plan, whether it affects director independence, or whether there are related-party arrangements. Additional filings or company disclosures would be required to evaluate governance impact.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Baxter Scott

(Last) (First) (Middle)

C/O STAR GROUP, L.P.

9 WEST BROAD STREET, SUITE 310

(Street)

STAMFORD CT 06902

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
STAR GROUP, L.P. [ SGU ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/13/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Units	08/13/2025		P		15,000	A	$11.79	15,000	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ C. Scott Baxter	08/13/2025
	** Signature of Reporting Person	Date
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 4 (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.

FAQ

What insider transaction did Star Group (SGU) report?

The Form 4 reports a transaction in Common Units dated 08/13/2025 for 15,000 units at a price of $11.79.

Who filed the Form 4 for SGU?

The reporting person is C. Scott Baxter, identified in the filing as a director of Star Group, L.P.

How was ownership reported on the Form 4 for SGU?

The filing indicates the ownership form as Direct and shows 15,000 securities following the reported transaction.

What is the transaction code shown on the SGU Form 4?

The Form 4 lists transaction code P in the Table I entry for the Common Units transaction.

When was the Form 4 signed?

The signature block shows the form was signed by C. Scott Baxter on 08/13/2025.