Welcome to our dedicated page for SunocoCorp SEC filings (Ticker: SUNC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SunocoCorp LLC (NYSE: SUNC) SEC filings page provides access to the company’s regulatory disclosures as a publicly traded limited liability company that owns a direct limited partner interest in Sunoco LP. These filings offer detail on SunocoCorp’s governance, compensation plans, and other material events that affect holders of SUNC common units.
Among the key documents are current reports on Form 8-K, which SunocoCorp uses to report significant corporate actions. For example, a Form 8-K dated December 5, 2025 describes the adoption of the SunocoCorp LLC Long-Term Cash Restricted Unit Plan by the Compensation Committee of the Board of Directors of SunocoCorp Management LLC. That filing explains that awards under the plan are cash-settled and based on the value of SunocoCorp common units, outlines a three-year vesting schedule, and describes how awards are treated upon termination of service or a defined change in control.
Through this page, users can review such 8-K filings along with other SEC documents that may include annual and quarterly reports and additional exhibits. These materials help explain how SunocoCorp structures incentive compensation, defines change in control for plan purposes, and discloses other matters relevant to its status as a public company holding a direct limited partner interest in Sunoco LP.
Filings are sourced from the SEC’s EDGAR system and can be used to understand SunocoCorp’s corporate structure, key plans and agreements, and the relationship between its common units and the underlying economic interest in Sunoco LP. This information supports deeper analysis of SUNC as an investment vehicle linked to Sunoco LP’s energy infrastructure and fuel distribution operations.
SunocoCorp LLC is increasing cash returns to investors. The Board approved a quarterly cash distribution of $0.9899 per common unit, or $3.9596 on an annualized basis, for the quarter ended March 31, 2026. This represents an increase of about 6.25%, or $0.0582 per unit, versus the prior quarter.
The company notes this is its sixth consecutive quarterly increase and that the first-quarter 2026 annualized distribution is about 10% higher than the first-quarter 2025 level. Distributions for both SUN and SUNC will be paid on May 20, 2026 to holders of record as of May 8, 2026.
SunocoCorp LLC director Brannon Richard D reported two equity awards of common units. On March 6, 2026, he acquired 2,500 and 2,436 restricted phantom units at a stated price of $0.0000 per unit under the SunocoCorp LLC Long Term Incentive Plan.
The first grant will vest 60% on October 31, 2028 and 40% on October 31, 2030. The second grant will vest 60% on January 2, 2029 and 40% on January 2, 2031, in each case generally contingent on his continued service on the board on the applicable vesting dates.
SunocoCorp LLC director Jennings Michael reported two equity awards of Common Unit-based incentives. On the stated transaction date, he acquired 2,500 and 2,436 restricted phantom units under the SunocoCorp LLC Long Term Incentive Plan at a price of $0.00 per unit.
The first grant will vest 60% on 10/31/2028 and 40% on 10/31/2030, while the second will vest 60% on 01/02/2029 and 40% on 01/02/2031, generally contingent on his continued service on the board through each vesting date. These awards increase his directly held Common Unit-related interests as part of his long-term compensation, rather than reflecting any open-market purchase.
SunocoCorp LLC ownership disclosure: multiple Blackstone-related entities and Stephen A. Schwarzman report beneficial ownership of 2,613,505 Common Units, representing 5.1% of the class as of February 27, 2026. Calculations reference 51,517,198 Common Units outstanding as of February 13, 2026.
The filing describes the ownership chain through Harvest Fund Advisors LLC and affiliated Blackstone entities, includes a statement disclaiming admission of beneficial ownership, and certifies the units were not acquired to change control.
SunocoCorp LLC files its annual report as a newly public Delaware LLC whose only cash‑generating assets are Sunoco Class D Units in Sunoco LP. SunocoCorp is managed by an Energy Transfer–controlled manager, and its results depend heavily on Sunoco’s operations and distributions.
In 2025 Sunoco completed the Parkland Acquisition, paying approximately $2.60 billion to Parkland shareholders and transferring 51,517,198 SunocoCorp common units, after Parkland holders generally received C$19.80 in cash and 0.295 SunocoCorp units per share, subject to proration. SunocoCorp units began trading on the NYSE in November 2025.
Sunoco also acquired TanQuid for about €465 million, adding 16 European fuel terminals, and executed several smaller fuel distribution acquisitions. The business now spans four segments—Fuel Distribution, Pipeline Systems, Terminals and Refinery—with extensive pipelines, terminals, a 55,000 barrel‑per‑day Burnaby refinery and operations across 32 countries, all subject to detailed environmental, safety, regulatory and climate‑related risks.
SunocoCorp LLC and Sunoco LP reported solid but mixed fourth-quarter and full-year 2025 results driven by major acquisitions and strong cash generation. For the quarter, net income attributable to SUN was $97 million versus $141 million a year earlier, while Adjusted EBITDA rose to $646 million and Distributable Cash Flow, as adjusted, reached $442 million.
For 2025, net income attributable to SUN was $527 million compared with $866 million in 2024, but Adjusted EBITDA increased to $2.05 billion from $1.46 billion and Distributable Cash Flow, as adjusted, grew to $1.38 billion from $1.08 billion. Results reflect the October 31, 2025 acquisition of Parkland Corporation and the January 2026 acquisition of TanQuid, which expanded fuel distribution, pipelines, terminals, and a new refinery segment.
SUN ended 2025 at its long-term leverage target of about 4.0x net debt to Adjusted EBITDA, with roughly $13.4 billion of long-term debt and $2.5 billion of available revolver capacity. Total 2025 capital spending was $651 million, including $440 million of growth projects. SUN increased its quarterly distribution to $0.9317 per common unit, its fifth straight quarterly raise, and continues to target at least 5% annual distribution growth for 2026; SUNC declared the same per‑unit distribution for its common units.
Bank of America Corporation has filed a Schedule 13G reporting beneficial ownership of 3,706,416 common units of SunocoCorp LLC, representing 7.2% of this class. All 3,706,416 units are reported with shared voting and shared dispositive power and no sole power.
The percentage is based on 51,517,198 outstanding units reported by SunocoCorp in a prior Form 8-K/A. Bank of America states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of SunocoCorp.
FMR LLC, a Delaware entity, reported beneficial ownership of 4,590,331 shares of SUNOCOCORP LLC common stock, representing 8.9% of the class as of the event date. FMR has sole voting and dispositive power over these shares, and they are held in the ordinary course of business.
Abigail P. Johnson, a U.S. person, is also reported as beneficial owner of the same 4,590,331 shares with sole dispositive power. One or more other persons may receive dividends or sale proceeds, but no other person’s interest exceeds five percent of the outstanding common stock.
SunocoCorp LLC filed an amended current report to add detailed financial information related to its previously completed acquisition of Parkland Corporation by its affiliate Sunoco LP. The filing notes that, under a court-approved plan of arrangement, Sunoco acquired all issued and outstanding Parkland common shares, making Parkland an indirect, wholly owned subsidiary of Sunoco as of October 31, 2025.
The amendment supplies audited and interim consolidated financial statements for Sunoco LP and Parkland, along with audited financial statements for NuStar Energy L.P. It also provides unaudited pro forma condensed combined financial information, including pro forma statements of operations and a pro forma balance sheet, to illustrate the combined results of SunocoCorp and the acquired businesses.
SunocoCorp LLC adopted a new long-term incentive program that grants cash-based awards tied to the value of its common units. Under the SunocoCorp LLC Long-Term Cash Restricted Unit Plan, each award represents the value of one common unit but is paid entirely in cash rather than equity.
Unless an award agreement states otherwise, these cash restricted units vest ratably over three years. If a participant’s employment or service ends because of death or disability, the awards vest early and are paid out at that time, while unvested awards are forfeited if employment ends for other reasons. The plan also accelerates vesting if a defined Change in Control occurs, such as an unrelated party acquiring 50% or more of the manager’s voting power, a complete liquidation, a sale of substantially all assets, or a new managing member taking control.