# EDGAR Filing Document

**Accession Number:** 0000710752
**File Stem:** 0001193125-23-031929
**Filing Date:** 2023-2
**Character Count:** 23204
**Document Hash:** 51ae034e40cf4c09ae6267ff37b88a41
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-23-031929.hdr.sgml**: 20230210

**ACCESSION NUMBER**: 0001193125-23-031929

**CONFORMED SUBMISSION TYPE**: SC 13G/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230210

**DATE AS OF CHANGE**: 20230210

**GROUP MEMBERS**: FAYEZ SAROFIM & CO.

**GROUP MEMBERS**: SAROFIM INTERNATIONAL MANAGEMENT CO

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SABINE ROYALTY TRUST
- **CENTRAL INDEX KEY:** 0000710752
- **STANDARD INDUSTRIAL CLASSIFICATION:** OIL ROYALTY TRADERS [6792]
- **IRS NUMBER:** 756297143
- **STATE OF INCORPORATION:** TX
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-35089
- **FILM NUMBER:** 23609630

**BUSINESS ADDRESS:**
- **STREET 1:** PO BOX 830650
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75283-0650
- **BUSINESS PHONE:** 2145082400

**MAIL ADDRESS:**
- **STREET 1:** PO BOX 830650
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75283-0650
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Sarofim Christopher Binyon
- **CENTRAL INDEX KEY:** 0001575298

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A

**MAIL ADDRESS:**
- **STREET 1:** 200 EAST RANDOLPH STREET
- **STREET 2:** SUITE 3300
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60601

<u>OMB APPROVAL</u> <br>   <u> OMB Number: 3235-0145 Expires: February 28, 2009 Estimated average burden hours per response.................11</u>

------

**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION** 

**WASHINGTON, DC 20549** 

------

**SCHEDULE 13G/A** 

**Under the Securities Exchange Act of 1934** 

**(Amendment No. 4)** 

------

## Sabine Royalty Trust
**(Name of Issuer)** 

**Units of Beneficial Interest** 

**(Title of Class of Securities)** 

**785688102** 

**(CUSIP Number)** 

**December 31, 2022** 

**(Date of Event Which Requires Filing of this Statement)** 

------

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)

------

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

------

CUSIP No. 785688102

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp; 1. | NAME OF REPORTING PERSONS<br> I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)<br>Christopher B. Sarofim | NAME OF REPORTING PERSONS<br> I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)<br>Christopher B. Sarofim | NAME OF REPORTING PERSONS<br> I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)<br>Christopher B. Sarofim |
| &nbsp;&nbsp;&nbsp; 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)<br> (a) ☐ (b) ☒ | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)<br> (a) ☐ (b) ☒ | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)<br> (a) ☐ (b) ☒ |
| &nbsp;&nbsp;&nbsp; 3. | SEC USE ONLY | SEC USE ONLY | SEC USE ONLY |
| &nbsp;&nbsp;&nbsp; 4. | CITIZENSHIP OR PLACE OF ORGANIZATION<br>U.S.A. | CITIZENSHIP OR PLACE OF ORGANIZATION<br>U.S.A. | CITIZENSHIP OR PLACE OF ORGANIZATION<br>U.S.A. |
| &nbsp;&nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | 5. | SOLE VOTING POWER<br>608,107 |
| &nbsp;&nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | 6. | SHARED VOTING POWER<br>201,598 |
| &nbsp;&nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | 7. | SOLE DISPOSITIVE POWER<br>608,107 |
| &nbsp;&nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | 8. | SHARED DISPOSITIVE POWER<br>201,598 |
| &nbsp;&nbsp;&nbsp; 9. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>809,705 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>809,705 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>809,705 |
| &nbsp;&nbsp;&nbsp;10. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)<br>☐ | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)<br>☐ | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)<br>☐ |
| &nbsp;&nbsp;&nbsp;11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)<br>5.6% | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)<br>5.6% | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)<br>5.6% |
| &nbsp;&nbsp;&nbsp;12. | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)<br>IN | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)<br>IN | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)<br>IN |

---

------

CUSIP No. 785688102

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp; 1. | NAME OF REPORTING PERSONS<br> I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)<br>Sarofim International Management Company | NAME OF REPORTING PERSONS<br> I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)<br>Sarofim International Management Company | NAME OF REPORTING PERSONS<br> I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)<br>Sarofim International Management Company |
| &nbsp;&nbsp;&nbsp; 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)<br> (a) ☐ (b) ☒ | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)<br> (a) ☐ (b) ☒ | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)<br> (a) ☐ (b) ☒ |
| &nbsp;&nbsp;&nbsp; 3. | SEC USE ONLY | SEC USE ONLY | SEC USE ONLY |
| &nbsp;&nbsp;&nbsp; 4. | CITIZENSHIP OR PLACE OF ORGANIZATION<br>Texas | CITIZENSHIP OR PLACE OF ORGANIZATION<br>Texas | CITIZENSHIP OR PLACE OF ORGANIZATION<br>Texas |
| &nbsp;&nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | 5. | SOLE VOTING POWER<br>0 |
| &nbsp;&nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | 6. | SHARED VOTING POWER<br>201,598 |
| &nbsp;&nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | 7. | SOLE DISPOSITIVE POWER<br>0 |
| &nbsp;&nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | 8. | SHARED DISPOSITIVE POWER<br>201,598 |
| &nbsp;&nbsp;&nbsp; 9. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>201,598 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>201,598 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>201,598 |
| &nbsp;&nbsp;&nbsp;10. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)<br>☐ | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)<br>☐ | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)<br>☐ |
| &nbsp;&nbsp;&nbsp;11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)<br>1.4% | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)<br>1.4% | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)<br>1.4% |
| &nbsp;&nbsp;&nbsp;12. | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)<br>IA; CO | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)<br>IA; CO | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)<br>IA; CO |

---

------

CUSIP No. 785688102

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp; 1. | NAME OF REPORTING PERSONS<br> I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)<br>Fayez Sarofim & Co. | NAME OF REPORTING PERSONS<br> I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)<br>Fayez Sarofim & Co. | NAME OF REPORTING PERSONS<br> I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)<br>Fayez Sarofim & Co. |
| &nbsp;&nbsp;&nbsp; 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)<br> (a) ☐ (b) ☒ | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)<br> (a) ☐ (b) ☒ | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)<br> (a) ☐ (b) ☒ |
| &nbsp;&nbsp;&nbsp; 3. | SEC USE ONLY | SEC USE ONLY | SEC USE ONLY |
| &nbsp;&nbsp;&nbsp; 4. | CITIZENSHIP OR PLACE OF ORGANIZATION<br>Texas | CITIZENSHIP OR PLACE OF ORGANIZATION<br>Texas | CITIZENSHIP OR PLACE OF ORGANIZATION<br>Texas |
| &nbsp;&nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | 5. | SOLE VOTING POWER<br>0 |
| &nbsp;&nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | 6. | SHARED VOTING POWER<br>201,598 |
| &nbsp;&nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | 7. | SOLE DISPOSITIVE POWER<br>0 |
| &nbsp;&nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | 8. | SHARED DISPOSITIVE POWER<br>201,598 |
| &nbsp;&nbsp;&nbsp; 9. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>201,598 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>201,598 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>201,598 |
| &nbsp;&nbsp;&nbsp;10. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)<br>☐ | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)<br>☐ | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)<br>☐ |
| &nbsp;&nbsp;&nbsp;11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)<br>1.4% | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)<br>1.4% | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)<br>1.4% |
| &nbsp;&nbsp;&nbsp;12. | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)<br>IA; CO | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)<br>IA; CO | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)<br>IA; CO |

---

------

CUSIP No. 785688102

---

| | | |
|:---|:---|:---|
| Item 1. | (a). | Name of Issuer: |
|  |  | Sabine Royalty Trust |
|  | (b). | Address of Issuer's Principal Executive Offices: |
|  |  | Southwest Trust<br> Park Place<br> 2911 Turtle Creek Blvd<br> Dallas, Texas 75219 |
| Item 2. | (a) – (c) | Name, Principal Business Address, and Citizenship of Persons Filing: |
|  |  | Christopher B. Sarofim – U.S.A. |
|  |  | Sarofim International Management Company – Texas<br> Fayez Sarofim & Co.—Texas |
|  |  | Two Houston Center, Suite 2907<br> 909 Fannin Street<br> Houston, Texas 77010 |
|  | (d). | Title of Class of Securities: |
|  |  | Units of Beneficial Interest |
|  | (e). | CUSIP Number: |
|  |  | 785688102 |
| Item 3. |  | If This Statement is filed pursuant to ss.240.13d-1(b) or 240.13d-2(b), or (c), check whether the person filing is a |

---

---

| | | |
|:---|:---|:---|
| (a) | ☐ | Broker or dealer registered under Section 15 of the Exchange Act (15 U.S.C. 78c). |
| (b) | ☐ | Bank as defined in Section 3(a)(6) of the Exchange Act (15 U.S.C. 78c). |
| (c) | ☐ | Insurance company as defined in Section 3(a)(19) of the Exchange Act (15 U.S.C. 78c). |
| (d) | ☐ | Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). |
| (e) | ☐ | An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E); |
| (f) | ☐ | An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); |
| (g) | ☐ | A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); |
| (h) | ☐ | A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.1813); |

---

------

---

| | | |
|:---|:---|:---|
| (i) | ☐ | A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); |
| (j) | ☐ | Group, in accordance with s.240.13d-1(b)(1)(ii)(J). |

---

Item 4. Ownership.

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

---

| | |
|:---|:---|
| (a) | Amount beneficially owned: |
|  | Mr. Christopher B. Sarofim beneficially owns 809,705 Units of Beneficial Interests (the "Units") of Sabine Royalty Trust (the "Issuer") which are owned as follows: 608,107 Units are beneficially owned directly by Mr. Sarofim, and 201,598 Units are beneficially owned directly by Sarofim International Management Company.<br>Because Sarofim International Management Company is a wholly owned subsidiary of Fayez Sarofim & Co. and Mr. Sarofim is a controlling person of Fayez Sarofim & Co., each of Fayez Sarofim & Co. and Mr. Sarofim may be deemed to be an indirect beneficial owner of these shares for the purposes of Rule 13d-3. Because Mr. Sarofim is the Chairman of the Board, a director and owner of a majority of the outstanding capital stock on an indirect basis of Fayez Sarofim & Co., he may also be deemed to be an indirect beneficial owner of the shares for the purposes of Rule 13d-3. The Units owned by Sarofim International Management Company are owned directly by Sarofim International Management Company and not by discretionary investment advisory clients of Sarofim International Management Company. |
| (b) | Percent of class: |
|  | Mr. Sarofim – 5.6% |
|  | Sarofim International Management Company – 1.4% |
|  | Fayez Sarofim & Co. – 1.4% |
| (c) | Number of shares as to which the person has: |
| (i) | Sole power to vote or to direct the vote |
|  | Mr. Sarofim – 608,107 |
|  | Sarofim International Management Company – 0 |
|  | Fayez Sarofim & Co. – 0 |
| (ii) | Shared power to vote or to direct the vote |
|  | Mr. Sarofim – 201,598 |
|  | Sarofim International Management Company – 201,598 |
|  | Fayez Sarofim & Co. – 201,598 |
| (iii) | Sole power to dispose or to direct the disposition of |
|  | Mr. Sarofim – 608,107 |
|  | Sarofim International Management Company – 0 |
|  | Fayez Sarofim & Co. – 0 |
| (iv) | Shared power to dispose or to direct the disposition of |
|  | Mr. Sarofim – 201,598 |
|  | Sarofim International Management Company – 201,598 |
|  | Fayez Sarofim & Co. – 201,598 |

---

------

---

| | |
|:---|:---|
| Item 5. | Ownership of Five Percent or Less of a Class. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☐. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☐. |
|  | N/A |
| Item 6. | Ownership of More Than Five Percent on Behalf of Another Person. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than five percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than five percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. |
|  | N/A |
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. |
|  | N/A |
| Item 8. | Identification and Classification of Members of the Group. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group. |
|  | N/A |
| Item 9. | Notice of Dissolution of Group. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5. |
|  | N/A |
| Item 10. | Certification. |
|  | The following certification shall be included if the statement is filed pursuant to §240.13d-1(b). |
|  | By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. |

---

------

---

| | |
|:---|:---|
| (b) | The following certification shall be included if the statement is filed pursuant to §240.13d-1(c): |
|  | By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. |

---

------

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

---

| |
|:---|
| February 9, 2023 |
| (Date) |
| /s/ Christopher B. Sarofim\* |
| (Signature) |
| Sarofim International Management Company\* |
| By: /s/ Michele Gibbons |
| (Signature) |
| General Counsel |
| (Name/Title) |
| Fayez Sarofim & Co.\* |
| By: /s/ Michele Gibbons |
| (Signature) |
| General Counsel |
| (Name/Title) |

---

\* The Reporting Persons disclaim beneficial ownership in the shares reported herein except to the extent of their pecuniary interest therein.

------

JOINT FILING AGREEMENT

The undersigned agree that this Schedule 13G/A dated February 9, 2018 relating to the Units of Beneficial Interest of Sabine Royalty Trust shall be filed on behalf of the undersigned.

---

| |
|:---|
| February 9, 2023 |
| (Date) |
| /s/ Christopher B. Sarofim\* |
| (Signature) |
| Sarofim International Management Co. |
| By: /s/ Michele Gibbons |
| (Signature) |
| General Counsel |
| (Name/Title) |
| Fayez Sarofim & Co.\* |
| By: /s/ Michele Gibbons |
| (Signature) |
| General Counsel |
| (Name/Title) |

---

\* The Reporting Persons disclaim beneficial ownership in the shares reported herein except to the extent of their pecuniary interest therein.