Company: SPH
Filing Date: 2025-11-26
Form Type: 10-K
Source: 0001193125-25-298630
Chunk: 4

Company: SUBURBAN PROPANE PARTNERS LP
Filing Date: 2025-11-26
Form: 10-K
Item: Item 12
Chunk 4
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 see note (a) below); the 4,249,304 units held by Global X Management Company LLC (of which the Partnership has no knowledge, see note (b) below); and 784 units held by the General Partner (see note (c) below), the above listed units may be held in brokerage accounts where they are pledged as security.

(2)Based upon 66,157,310 Common Units outstanding on November 24, 2025.

* Less than 1%.

(a)Based on an amended Schedule 13G dated October 1, 2025 filed by ALPS Advisors, Inc. and Alerian MLP ETF, which indicates that as of September 30, 2025, ALPS Advisors, Inc. and Alerian MLP ETF each have the shared power to vote or to direct the vote of 14,327,026 Common Units and the shared power to dispose or to direct the disposition of 14,327,026 Common Units.  The 13G indicates that ALPS Advisors, Inc., may be deemed to be a beneficial owner of these Common Units for purposes of Rule 13d-3 because it and certain affiliates have shared power to retain or dispose of Common Units belonging to many unrelated clients.  We make no representation as to the accuracy or completeness of the information reported.  The address of ALPS Advisors, Inc. and Alerian MLP ETF is 1290 Broadway, Suite 1000, Denver, CO 80203.

(b)Based on an amended Schedule 13G dated May 15, 2025 filed by Global X Management Company LLC, which indicates that as of March 31, 2025, Global X Management Company LLC has the sole power to vote or to direct the vote of 4,249,304 Common Units and the sole power to retain or dispose of Common Units for which certain investment companies registered under Section 8 of the Investment Company Act of 1940 managed by Global X Management Company LLC have the right to receive distributions from, or the proceeds from the sale of, these Common Units.  We make no representation as to the accuracy or completeness of the information reported.  The address of Global X Management Company LLC is 605 3rd Avenue, 43rd Floor, New York, NY 10158. 

(c)Includes 784 Common Units held by the General Partner, of which Mr. Stivala is the sole member.  Excludes 98,495 unvested restricted units,