Stabilis Solutions (NASDAQ: SLNG) investor stake falls to 2.2% after large option expiration

Rhea-AI Filing Summary

Stabilis Solutions, Inc. received an updated Schedule 13G/A from shareholder Westervelt T. Ballard, Jr. reflecting a significantly reduced ownership position after option expirations. Ballard now beneficially owns 413,740 shares of common stock, representing 2.2% of the company’s outstanding shares, based on 18,596,301 shares of common stock outstanding as reported for the quarter ended September 30, 2025. The change reflects the expiration on January 1, 2026 of options for 1,742,574 shares of common stock. Ballard has sole voting and dispositive power over all 413,740 shares and reports owning 5 percent or less of the class. He also certifies that the securities are not held for the purpose of changing or influencing control of Stabilis Solutions.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Stabilis Solutions, Inc.

(Name of Issuer)

Common Stock, par value $0.001 per share

(Title of Class of Securities)

85236P101

(CUSIP Number)

01/01/2026

(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. 85236P101

1

Names of Reporting Persons

Westervelt T. Ballard Jr.

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

TEXAS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 413,740.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 413,740.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

413,740.00

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)

2.2 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: N

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Stabilis Solutions, Inc.
(b)	Address of issuer's principal executive offices: 11750 Katy Freeway Suite 900 Houston TX 77079
Item 2.
(a)	Name of person filing: Westervelt T. Ballard, Jr.
(b)	Address or principal business office or, if none, residence: Same as Item 1(b).
(c)	Citizenship: State of Texas
(d)	Title of class of securities: Common Stock, par value $0.001 per share
(e)	CUSIP No.: 85236P101
Item 4.	Ownership
(a)	Amount beneficially owned: 413,740 (1) Reflects the expiration of options on January 1, 2026 for 1,742,574 shares of common stock.
(b)	Percent of class: 2.2(2) (2) The Issuer reported in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, that it has 18,596,301 shares of Common Stock outstanding. The ownership percentage is based upon 18,596,301 shares of Common Stock outstanding.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 413,740(1)
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 413,740(1)
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
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.

Westervelt T. Ballard Jr.

Signature:	/s/ Westervelt T. Ballard, Jr
Name/Title:	Westervelt T. Ballard, Jr
Date:	01/20/2026

FAQ

What ownership stake does Westervelt T. Ballard, Jr. report in Stabilis Solutions (SLNG)?

Westervelt T. Ballard, Jr. reports beneficial ownership of 413,740 shares of Stabilis Solutions common stock, representing 2.2% of the outstanding common stock.

Why did Westervelt T. Ballard, Jr.’s reported ownership in SLNG change in this Schedule 13G/A?

The filing states that the ownership reflects the expiration of options on January 1, 2026 for 1,742,574 shares of Stabilis Solutions common stock.

How many Stabilis Solutions (SLNG) shares were outstanding for the 2.2% ownership calculation?

The 2.2% ownership percentage is based on 18,596,301 shares of Stabilis Solutions common stock outstanding, as reported in the company’s Form 10-Q for the quarter ended September 30, 2025.

Does Westervelt T. Ballard, Jr. have voting and dispositive power over his SLNG shares?

Yes. He reports sole power to vote or direct the vote and sole power to dispose or direct the disposition of all 413,740 shares, with no shared voting or dispositive power.

Is Westervelt T. Ballard, Jr. still a 5% owner of Stabilis Solutions (SLNG)?

No. The filing indicates ownership of 5 percent or less of the class, with a reported stake of 2.2% of Stabilis Solutions common stock.

Is the SLNG stake held by Westervelt T. Ballard, Jr. intended to influence control of the company?

He certifies that the securities were not acquired and are not held for the purpose of changing or influencing the control of Stabilis Solutions and are not held in connection with any such transaction.