[Form 3/A] Sable Offshore Corp. Amended Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Pilgrim Global Advisors LLC and Pilgrim Global ICAV filed an amended Form 3 for Sable Offshore Corp. (SOC), revoking a prior filing and stating they are not beneficial owners for Section 16 purposes. The amendment clarifies that any shares associated with the Pilgrim entities are held for the benefit of third‑party investors and that investment and voting authority was delegated to the Adviser.

No securities are beneficially owned. The event date is 02/14/2024, and the original filing referenced was dated 03/22/2024.

SEC Form 3

FORM 3

UNITED 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

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1. Name and Address of Reporting Person^*

Pilgrim Global ICAV

(Last) (First) (Middle)

33 SIR JOHN ROGERSON'S QUAY

(Street)

DUBLIN L2 D2

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
02/14/2024

3. Issuer Name and Ticker or Trading Symbol
Sable Offshore Corp. [ SOC ]

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

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

5. If Amendment, Date of Original Filed (Month/Day/Year)
03/22/2024

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

	Form filed by One Reporting Person
X	Form 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)

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 Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Pilgrim Global ICAV

(Last) (First) (Middle)

33 SIR JOHN ROGERSON'S QUAY

(Street)

DUBLIN L2 D2

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

Pilgrim Global Advisors LLC

(Last) (First) (Middle)

4785 CAUGHLIN PARKWAY

(Street)

RENO NV 89519

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

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

Explanation of Responses:

Remarks:

On March 22, 2024, Pilgrim Global Advisors LLC (the "Adviser") and Pilgrim Global ICAV (the "Fund" and, together with the Adviser, the "Pilgrim Entities") filed a Form 3 that should not have been filed because neither of the Pilgrim Entities is the beneficial owner of any Common Shares (the "Shares") of Sable Offshore Corp. ("Sable") for purposes of Section 16 by virtue of Rule 16a-1(a)(1)(v) and Rule 16a-1(a)(1)(x). This filing amends and revokes the Form 3 filed by the Pilgrim Entities. The Adviser, which is registered as an investment adviser under Section 203 of the Investment Advisers Act of 1940, does not have beneficial ownership of any Shares pursuant to Rule 16a-1(a)(1)(v). The Fund, which is registered as an Irish Collective Asset-Management Vehicle in Ireland with the Central Bank pursuant to Part 9 of the Irish Collective Asset-Management Vehicles Act, and which is the functional equivalent of an investment company registered under section 8 of the Investment Company Act of 1940, does not have beneficial ownership of Shares pursuant to Rule 16a-1(a)(1)(x). Additionally, the Fund has delegated all investment and voting authority to the Adviser and such delegation can only be terminated on six months' notice. The Adviser and the Fund did not acquire any Shares with the purpose or effect of changing or influencing control of Sable or engaging in any arrangement subject to Rule 13d-3(b). Any Shares held by the Pilgrim Entities are held for the benefit of third-party investors. Therefore, neither of the Pilgrim Entities are the beneficial owners of any Shares for purposes of Section 16, and neither of them are subject to the reporting requirements of Section 16(a) or the matching provisions of Section 16(b).

No securities are beneficially owned.

	Pilgrim Global ICAV, By: /s/ Paul Fitzgerald, Executive Director	11/06/2025
	Pilgrim Global Advisors LLC, By: /s/ Procter J. Hug, IV, Manager	11/06/2025
	** Signature of Reporting Person	Date
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