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[SCHEDULE 13G/A] Sitio Royalties Corp. SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary

Sitio Royalties Corp.'s Schedule 13G/A is filed by multiple Blackstone-related entities and Stephen A. Schwarzman to disclose holdings in the issuer's Class A Common Stock (CUSIP 82983N108). The filing states that, following the Merger Agreement dated June 2, 2025, on August 19, 2025 Sitio's Class C common stock was cancelled and Opco units converted into: 0.4855 LLC units in Viper Energy Partners LLC and 0.4855 shares of Class B common stock of Viper Energy, Inc. Each Reporting Person's cover page reports 0.00 shares beneficially owned and 0.0% of the Class A class. The statement disclaims that most Reporting Persons are beneficial owners of the Class A shares and clarifies organizational relationships among the Blackstone entities.

Il Schedule 13G/A di Sitio Royalties Corp. è stato presentato da più entità collegate a Blackstone e da Stephen A. Schwarzman per comunicare partecipazioni nell'azione ordinaria Classe A dell'emittente (CUSIP 82983N108). La dichiarazione indica che, a seguito del Merger Agreement del 2 giugno 2025, in data 19 agosto 2025 le azioni di Classe C di Sitio sono state annullate e le unità Opco sono state convertite in: 0,4855 unità LLC di Viper Energy Partners LLC e in 0,4855 azioni di Classe B di Viper Energy, Inc. Nella pagina di copertina, ciascun Reporting Person riporta di detenere 0,00 azioni detenute effettivamente e lo 0,0% della Classe A. La comunicazione precisa che la maggior parte dei Reporting Persons non è beneficiaria delle azioni di Classe A e chiarisce i rapporti organizzativi tra le entità Blackstone.

El Schedule 13G/A de Sitio Royalties Corp. fue presentado por múltiples entidades vinculadas a Blackstone y por Stephen A. Schwarzman para revelar participaciones en las acciones comunes Clase A del emisor (CUSIP 82983N108). El documento señala que, tras el Acuerdo de Fusión fechado el 2 de junio de 2025, el 19 de agosto de 2025 se cancelaron las acciones Clase C de Sitio y las unidades de Opco se convirtieron en: 0,4855 unidades LLC de Viper Energy Partners LLC y en 0,4855 acciones de Clase B de Viper Energy, Inc. En la portada, cada Reporting Person informa tener 0,00 acciones poseídas en beneficio y el 0,0% de la Clase A. La declaración aclara que la mayoría de los Reporting Persons no son propietarios beneficiarios de las acciones Clase A y explica las relaciones organizativas entre las entidades de Blackstone.

Sitio Royalties Corp.의 Schedule 13G/A는 여러 블랙스톤 관련 법인들과 Stephen A. Schwarzman이 발행회사의 Class A 보통주(CUSIP 82983N108) 지분을 공시하기 위해 제출했습니다. 제출서에 따르면 2025년 6월 2일 합병계약(Merger Agreement) 이후 2025년 8월 19일 Sitio의 Class C 보통주가 소멸되었고 Opco 유닛은 다음으로 전환되었습니다: Viper Energy Partners LLC의 0.4855 LLC 유닛Viper Energy, Inc.의 0.4855 Class B 보통주. 각 Reporting Person의 표지에는 유효 보유주식 0.00주 및 Class A의 0.0%로 기재되어 있습니다. 성명서는 대부분의 Reporting Persons가 Class A 주식의 실질적 소유자가 아님을 명시하고 블랙스톤 계열사들 간의 조직적 관계를 설명합니다.

Le Schedule 13G/A de Sitio Royalties Corp. est déposé par plusieurs entités liées à Blackstone et par Stephen A. Schwarzman afin de divulguer des participations dans les actions ordinaires de Classe A de l'émetteur (CUSIP 82983N108). Le dépôt indique qu'à la suite de l'accord de fusion daté du 2 juin 2025, le 19 août 2025 les actions de Classe C de Sitio ont été annulées et les unités Opco ont été converties en : 0,4855 unités LLC de Viper Energy Partners LLC et 0,4855 actions de Classe B de Viper Energy, Inc. Sur la page de garde, chaque personne déclarée indique détenir 0,00 actions détenues à titre bénéficiaire et 0,0% de la Classe A. La déclaration précise que la plupart des personnes déclarantes ne sont pas propriétaires bénéficiaires des actions de Classe A et clarifie les relations organisationnelles entre les entités Blackstone.

Das Schedule 13G/A von Sitio Royalties Corp. wurde von mehreren Blackstone-nahen Einheiten und Stephen A. Schwarzman eingereicht, um Beteiligungen an den Class A Stammaktien des Emittenten (CUSIP 82983N108) offenzulegen. Die Einreichung besagt, dass nach dem Fusionsvertrag vom 2. Juni 2025 am 19. August 2025 die Class C-Stammaktien von Sitio annulliert und Opco-Einheiten umgewandelt wurden in: 0,4855 LLC-Anteile an Viper Energy Partners LLC und 0,4855 Aktien der Class B-Stammaktien von Viper Energy, Inc. Auf der Deckseite gibt jede meldende Person 0,00 wirtschaftlich gehaltene Aktien und 0,0% der Class A an. Die Erklärung weist darauf hin, dass die meisten meldenden Personen nicht wirtschaftlich Eigentümer der Class A-Aktien sind, und erläutert die organisatorischen Beziehungen der Blackstone-Einheiten.

Positive
  • Clear disclosure that each Reporting Person reports 0.00 shares and 0.0% ownership of Class A Common Stock
  • Merger conversion terms explicitly stated: each Opco unit converted into 0.4855 LLC units in Viper Energy Partners LLC and 0.4855 Class B shares of Viper Energy, Inc.
  • Comprehensive mapping of organizational relationships among Blackstone entities and signatories, improving transparency
Negative
  • None.

Insights

TL;DR Reporting shows Blackstone-related parties disclose no beneficial ownership of Sitio Class A stock after the merger; conversion mechanics are specified.

The filing is primarily a compliance disclosure: it documents the corporate reorganization resulting from the merger and the conversion formula for Opco units into Viper equity units and Class B shares. The reported 0.00 shares and 0.0% holdings across multiple filing entities indicate no retained Class A exposure by these reporting persons. For analysts, the material item is the conversion ratio (0.4855/0.4855) which determines post-closing economic and governance allocation for former Opco holders.

TL;DR Filing clarifies ownership structure and expressly disclaims beneficial ownership by parent and affiliated entities.

The document carefully maps the chain of control among Blackstone entities and includes an explicit disclaimer that most Reporting Persons do not claim beneficial ownership of Class A shares. This is a standard governance disclosure to avoid Section 13(d) implications. The signatures from authorized signatories across entities demonstrate internal coordination and formal acknowledgement of the post-merger capital structure.

Il Schedule 13G/A di Sitio Royalties Corp. è stato presentato da più entità collegate a Blackstone e da Stephen A. Schwarzman per comunicare partecipazioni nell'azione ordinaria Classe A dell'emittente (CUSIP 82983N108). La dichiarazione indica che, a seguito del Merger Agreement del 2 giugno 2025, in data 19 agosto 2025 le azioni di Classe C di Sitio sono state annullate e le unità Opco sono state convertite in: 0,4855 unità LLC di Viper Energy Partners LLC e in 0,4855 azioni di Classe B di Viper Energy, Inc. Nella pagina di copertina, ciascun Reporting Person riporta di detenere 0,00 azioni detenute effettivamente e lo 0,0% della Classe A. La comunicazione precisa che la maggior parte dei Reporting Persons non è beneficiaria delle azioni di Classe A e chiarisce i rapporti organizzativi tra le entità Blackstone.

El Schedule 13G/A de Sitio Royalties Corp. fue presentado por múltiples entidades vinculadas a Blackstone y por Stephen A. Schwarzman para revelar participaciones en las acciones comunes Clase A del emisor (CUSIP 82983N108). El documento señala que, tras el Acuerdo de Fusión fechado el 2 de junio de 2025, el 19 de agosto de 2025 se cancelaron las acciones Clase C de Sitio y las unidades de Opco se convirtieron en: 0,4855 unidades LLC de Viper Energy Partners LLC y en 0,4855 acciones de Clase B de Viper Energy, Inc. En la portada, cada Reporting Person informa tener 0,00 acciones poseídas en beneficio y el 0,0% de la Clase A. La declaración aclara que la mayoría de los Reporting Persons no son propietarios beneficiarios de las acciones Clase A y explica las relaciones organizativas entre las entidades de Blackstone.

Sitio Royalties Corp.의 Schedule 13G/A는 여러 블랙스톤 관련 법인들과 Stephen A. Schwarzman이 발행회사의 Class A 보통주(CUSIP 82983N108) 지분을 공시하기 위해 제출했습니다. 제출서에 따르면 2025년 6월 2일 합병계약(Merger Agreement) 이후 2025년 8월 19일 Sitio의 Class C 보통주가 소멸되었고 Opco 유닛은 다음으로 전환되었습니다: Viper Energy Partners LLC의 0.4855 LLC 유닛Viper Energy, Inc.의 0.4855 Class B 보통주. 각 Reporting Person의 표지에는 유효 보유주식 0.00주 및 Class A의 0.0%로 기재되어 있습니다. 성명서는 대부분의 Reporting Persons가 Class A 주식의 실질적 소유자가 아님을 명시하고 블랙스톤 계열사들 간의 조직적 관계를 설명합니다.

Le Schedule 13G/A de Sitio Royalties Corp. est déposé par plusieurs entités liées à Blackstone et par Stephen A. Schwarzman afin de divulguer des participations dans les actions ordinaires de Classe A de l'émetteur (CUSIP 82983N108). Le dépôt indique qu'à la suite de l'accord de fusion daté du 2 juin 2025, le 19 août 2025 les actions de Classe C de Sitio ont été annulées et les unités Opco ont été converties en : 0,4855 unités LLC de Viper Energy Partners LLC et 0,4855 actions de Classe B de Viper Energy, Inc. Sur la page de garde, chaque personne déclarée indique détenir 0,00 actions détenues à titre bénéficiaire et 0,0% de la Classe A. La déclaration précise que la plupart des personnes déclarantes ne sont pas propriétaires bénéficiaires des actions de Classe A et clarifie les relations organisationnelles entre les entités Blackstone.

Das Schedule 13G/A von Sitio Royalties Corp. wurde von mehreren Blackstone-nahen Einheiten und Stephen A. Schwarzman eingereicht, um Beteiligungen an den Class A Stammaktien des Emittenten (CUSIP 82983N108) offenzulegen. Die Einreichung besagt, dass nach dem Fusionsvertrag vom 2. Juni 2025 am 19. August 2025 die Class C-Stammaktien von Sitio annulliert und Opco-Einheiten umgewandelt wurden in: 0,4855 LLC-Anteile an Viper Energy Partners LLC und 0,4855 Aktien der Class B-Stammaktien von Viper Energy, Inc. Auf der Deckseite gibt jede meldende Person 0,00 wirtschaftlich gehaltene Aktien und 0,0% der Class A an. Die Erklärung weist darauf hin, dass die meisten meldenden Personen nicht wirtschaftlich Eigentümer der Class A-Aktien sind, und erläutert die organisatorischen Beziehungen der Blackstone-Einheiten.






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)






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BX Royal Aggregator LP
Signature:/s/ Robert Brooks
Name/Title:By: BCP VI/BEP Holdings Manager L.L.C., its general partner, By: Robert Brooks, Authorized Signatory
Date:08/21/2025
BCP VI/BEP Holdings Manager L.L.C.
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory
Date:08/21/2025
Blackstone Energy Management Associates L.L.C.
Signature:/s/ Robert Brooks
Name/Title:By: Blackstone EMA L.L.C., its sole member, By: Robert Brooks, Authorized Signatory
Date:08/21/2025
Blackstone Management Associates VI L.L.C.
Signature:/s/ Robert Brooks
Name/Title:By: BMA VI L.L.C., its sole member, By: Robert Brooks, Authorized Signatory
Date:08/21/2025
Blackstone EMA L.L.C.
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory
Date:08/21/2025
BMA VI L.L.C.
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory
Date:08/21/2025
RRR Aggregator LLC
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory
Date:08/21/2025
BX Primexx Topco LLC
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory
Date:08/21/2025
BCP VII/BEP II Holdings Manager L.L.C.
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory
Date:08/21/2025
Blackstone Energy Management Associates II L.L.C.
Signature:/s/ Robert Brooks
Name/Title:By: Blackstone EMA II L.L.C., its sole member, By: Robert Brooks, Authorized Signatory
Date:08/21/2025
Blackstone Management Associates VII L.L.C.
Signature:/s/ Robert Brooks
Name/Title:By: BMA VII L.L.C., its sole member, By: Robert Brooks, Authorized Signatory
Date:08/21/2025
Blackstone EMA II L.L.C.
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory
Date:08/21/2025
BMA VII L.L.C.
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory
Date:08/21/2025
Blackstone Holdings III L.P.
Signature:/s/ Victoria Portnoy
Name/Title:By Blackstone Holdings III GP L.P., By Blackstone Holdings III GP Management L.L.C., By Victoria Portnoy, Managing Director - Assistant Secretary
Date:08/21/2025
Blackstone Holdings III GP L.P.
Signature:/s/ Victoria Portnoy
Name/Title:By: Blackstone Holdings III GP Management L.L.C., its general partner, By: Victoria Portnoy, Managing Director - Assistant Secretary
Date:08/21/2025
Blackstone Holdings III GP Management L.L.C.
Signature:/s/ Victoria Portnoy
Name/Title:Victoria Portnoy, Managing Director - Assistant Secretary
Date:08/21/2025
Blackstone Inc.
Signature:/s/ Victoria Portnoy
Name/Title:Victoria Portnoy, Managing Director - Assistant Secretary
Date:08/21/2025
Blackstone Group Management L.L.C.
Signature:/s/ Victoria Portnoy
Name/Title:Victoria Portnoy, Managing Director - Assistant Secretary
Date:08/21/2025
Stephen A. Schwarzman
Signature:/s/ Stephen A. Schwarzman
Name/Title:Stephen A. Schwarzman
Date:08/21/2025

FAQ

What does the Schedule 13G/A for Sitio Royalties (STR) disclose?

The filing discloses that multiple Blackstone-related Reporting Persons report 0.00 shares and 0.0% ownership of Sitio's Class A Common Stock (CUSIP 82983N108).

What happened to Sitio's Class C common stock in the merger?

On August 19, 2025, each share of Sitio's Class C common stock was automatically cancelled and ceased to exist pursuant to the merger agreement.

How were Sitio Opco units converted in the transaction?

Each Opco unit converted into 0.4855 units of Viper Energy Partners LLC and 0.4855 shares of Class B common stock of Viper Energy, Inc.

Do the Blackstone Reporting Persons claim beneficial ownership of Sitio Class A shares?

The filing states that the Reporting Persons may be deemed to beneficially own shares held by the Blackstone Funds but expressly disclaims beneficial ownership for the other Reporting Persons.

Who signed the Schedule 13G/A for the Blackstone entities?

Authorized signatories include Robert Brooks for multiple entities and Victoria Portnoy and Stephen A. Schwarzman for others, all dated 08/21/2025.
Sitio Royalties

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