# EDGAR Filing Document

**Accession Number:** 0001002590
**File Stem:** 0000921895-25-001678
**Filing Date:** 2025-6
**Character Count:** 10290
**Document Hash:** 0d6c8fea4dcc42d86e5be2f02bf06b32
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000921895-25-001678.hdr.sgml**: 20250603

**ACCESSION NUMBER**: 0000921895-25-001678

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250530

**FILED AS OF DATE**: 20250603

**DATE AS OF CHANGE**: 20250603

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Bandera Partners LLC
- **CENTRAL INDEX KEY:** 0001399386

**ORGANIZATION NAME:**
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-14129
- **FILM NUMBER:** 251019440

**BUSINESS ADDRESS:**
- **STREET 1:** 50 BROAD STREET, SUITE 1820
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10004
- **BUSINESS PHONE:** 2122324582

**MAIL ADDRESS:**
- **STREET 1:** 50 BROAD STREET, SUITE 1820
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10004
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Gramm Jefferson
- **CENTRAL INDEX KEY:** 0001427290

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-14129
- **FILM NUMBER:** 251019438

**MAIL ADDRESS:**
- **STREET 1:** C/O BANDERA PARTNERS LLC
- **STREET 2:** 50 BROAD STREET, SUITE 1820
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10004
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Bylinsky Gregory
- **CENTRAL INDEX KEY:** 0001427289

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-14129
- **FILM NUMBER:** 251019439

**MAIL ADDRESS:**
- **STREET 1:** C/O BANDERA PARTNERS LLC
- **STREET 2:** 50 BROAD STREET, SUITE 1820
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10004
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** STAR GROUP, L.P.
- **CENTRAL INDEX KEY:** 0001002590
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-RETAIL STORES, NEC [5990]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 061437793
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**BUSINESS ADDRESS:**
- **STREET 1:** 9 WEST BROAD STREET
- **STREET 2:** SUITE 310
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 06902
- **BUSINESS PHONE:** 2033287300

**MAIL ADDRESS:**
- **STREET 1:** 9 WEST BROAD STREET
- **STREET 2:** SUITE 310
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 06902

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** STAR GROUP LP
- **DATE OF NAME CHANGE:** 20171025

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** STAR GAS PARTNERS LP
- **DATE OF NAME CHANGE:** 19951025

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[x] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Bandera Partners LLC<br><sub>(Last) (First) (Middle)</sub><br>138 ATLANTIC AVENUE<br><sub>(Street)</sub><br>BROOKLYN, NY 11201<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-05-30 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [X] 10% Owner<br>[ ] Officer (give title below) [X] Other (specify below)<br>_See Footnote 1_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>STAR GROUP, L.P. [ SGU ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Bylinsky Gregory<br><sub>(Last) (First) (Middle)</sub><br>C/O BANDERA PARTNERS LLC<br>138 ATLANTIC AVENUE<br><sub>(Street)</sub><br>BROOKLYN, NY 11201<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-05-30 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [X] 10% Owner<br>[ ] Officer (give title below) [X] Other (specify below)<br>_See Footnote 1_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>STAR GROUP, L.P. [ SGU ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Gramm Jefferson<br><sub>(Last) (First) (Middle)</sub><br>C/O BANDERA PARTNERS LLC<br>138 ATLANTIC AVENUE<br><sub>(Street)</sub><br>BROOKLYN, NY 11201<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-05-30 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [X] 10% Owner<br>[ ] Officer (give title below) [X] Other (specify below)<br>_See Footnote 1_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>STAR GROUP, L.P. [ SGU ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Units<sup>(1)</sup> | 2025-05-30 |  | S<sup>(3)</sup> |  | 700000 | D | $12.04 | 2745360 | I | See footnote<sup>(2)</sup> |
| Common Units<sup>(1)</sup> |  |  |  |  |  |  |  | 4827 | I | See footnote<sup>(4)</sup> |
| Common Units<sup>(1)</sup> |  |  |  |  |  |  |  | 206483 | I | See footnote<sup>(5)</sup> |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

### Footnotes:

(1) This Form 4 is filed jointly by Bandera Partners LLC ("Bandera Partners"), Gregory Bylinsky and Jefferson Gramm (collectively, the "Reporting Persons"). Each of the Reporting Persons was deemed to be a member of a Section 13(d) group that was previously deemed to collectively beneficially own more than 10% of the Issuer's outstanding Common Units. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.

(2) Bandera Partners is the investment manager of Bandera Master Fund L.P. ("Bandera Master Fund"), in whose name the securities are held. Messrs. Bylinsky and Gramm are the Managing Members of Bandera Partners. Bandera Master Fund has delegated to Bandera Partners the sole and exclusive authority to vote and dispose of the securities held by Bandera Master Fund. As a result, each of Bandera Partners and Messrs. Bylinsky and Gramm may be deemed to beneficially own the securities held by Bandera Master Fund.

(3) On May 30, 2025, Bandera Master Fund entered into a Unit Purchase Agreement with the Issuer pursuant to which it agreed to sell to the Issuer 700,000 Common Units at a price of $12.04 per unit. The transaction closed on June 2, 2025.

(4) Represents securities owned solely by Mr. Bylinsky.

(5) Represents securities owned solely by Mr. Gramm.

**Signature:** /s/ Gregory Bylinsky, Managing Member, on behalf of Bandera Partners LLC  
**Date:** 2025-06-03

**Signature:** /s/ Gregory Bylinsky  
**Date:** 2025-06-03

**Signature:** /s/ Jefferson Gramm  
**Date:** 2025-06-03

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**