Source Energy Permian II, LLC - 19 Aug 2025 Form 4 Insider Report for Sitio Royalties Corp. (STR)

Reporting relationship: 10%+ Owner
Issuer ticker: STR
Reported as of: 19 Aug 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 21 Aug 2025, 21:51:15 UTC
Prior SEC filing: 23 Jun 2023
Source filing: View source filing
Reporting owner signature: /s/ See Signatures Included in Exhibit 99.1

Key filing fact

Source Energy Permian II, LLC filed Form 4 for Sitio Royalties Corp. (STR) on 21 Aug 2025.

Key facts

This page summarizes Source Energy Permian II, LLC's Form 4 filing for Sitio Royalties Corp. (STR).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 21 Aug 2025, 21:51.

Change

Previous filing in this sequence was filed on 23 Jun 2023.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (7)

CIK 0001982242 Primary reporting owner

Source Energy Permian II, LLC

Relationship: 10%+ Owner
Address: C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES
Signature: /s/ See Signatures Included in Exhibit 99.1
Signature date: 21 Aug 2025

CIK 0001982173

Sierra Energy Royalties, LLC

Relationship: 10%+ Owner
Address: 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES
Signature: /s/ See Signatures Included in Exhibit 99.1
Signature date: 21 Aug 2025

CIK 0001708926

Source Energy Partners, LLC

Relationship: 10%+ Owner
Address: 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES
Signature: /s/ See Signatures Included in Exhibit 99.1
Signature date: 21 Aug 2025

CIK 0001498954

OCM FIE, LLC

Relationship: 10%+ Owner
Address: 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES
Signature: /s/ See Signatures Included in Exhibit 99.1
Signature date: 21 Aug 2025

CIK 0000949509

OAKTREE CAPITAL MANAGEMENT LP

Relationship: 10%+ Owner
Address: 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES
Signature: /s/ See Signatures Included in Exhibit 99.1
Signature date: 21 Aug 2025

CIK 0001790787

Oaktree Capital Holdings, LLC

Relationship: 10%+ Owner
Address: 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES
Signature: /s/ See Signatures Included in Exhibit 99.1
Signature date: 21 Aug 2025

CIK 0001403525

Oaktree Capital Group Holdings GP, LLC

Relationship: 10%+ Owner
Address: 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES
Signature: /s/ See Signatures Included in Exhibit 99.1
Signature date: 21 Aug 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

STR transaction

Class A Common Stock

Sale

Transaction value
Shares: -10,431
Change %: -100%
Price
Shares after: 0
Date: 19 Aug 2025
Ownership: See footnote
Footnotes: F1, F2

STR transaction

Class C Common Stock

Sale

Transaction value
Shares: -15,443,610
Change %: -100%
Price
Shares after: 0
Date: 19 Aug 2025
Ownership: See footnote
Footnotes: F1, F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

STR transaction Derivative

Sitio Royalties Operating Partnership, LP Units

Sale

Transaction value
Shares: +15,443,610
Change %
Price
Shares after: 0
Date: 19 Aug 2025
Ownership: See footnote
Underlying class: Class A Common Stock
Underlying amount: 15,443,610
Exercise price
Footnotes: F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

In connection with merger of the Issuer with Viper Energy, Inc., the reporting person disposed of all issuer equity securities in exchange for the merger consideration pursuant to the Agreement and Plan of Merger dated as of June 2, 2025, by and among the parties thereto.

Footnote F2

The reported securities were directly held by (i) Source Energy Permian II, LLC ("Source"), as the direct holder of securities, (ii) Sierra Energy Royalties, LLC ("Sierra") (iii) Source Energy Partners, LLC ("Source Energy") (iv) OCM FIE, LLC ("FIE"). Oaktree Capital Management L.P., Oaktree Capital Holdings, LLC and Oaktree Capital Group Holdings GP LLP are the indirect managers of Source, Sierra, Source Energy, and FIE, but each of the foregoing disclaim beneficial ownership of the reported securities except to the extent of any pecuniary interest therein.

Footnote F3

Each Sitio Royalties Operating Partnership, LP Unit, together with a share of Class C Common Stock, is exchangeable, for no additional consideration, into one share of Class A Common Stock.