Passive 13G filing by a family group — no activist intent. Monitor for any future conversion to 13D or changes in stake size, but this filing alone is routine and unlikely to move the stock.
Price Chart
Executive Summary
Paslay Family, LLC and related entities (Michael R. Paslay, Robert H. Paslay Family Trust, Ottie K. Paslay) filed a Schedule 13G disclosing aggregate beneficial ownership of approximately 7.2% to 8.1% of Marine Petroleum Trust's units. The filing is passive (Rule 13d-1(c)), indicating no intent to influence control. This is a routine passive stake disclosure by family-related entities.
Key Financial Metrics
Key Facts
- Paslay Family, LLC beneficially owns 143,234 units (7.2% of 2,000,000 units outstanding as of May 14, 2026)
- Michael R. Paslay beneficially owns 152,753 units (7.6%)
- Robert H. Paslay Family Trust beneficially owns 132,308 units (6.6%)
- Ottie K. Paslay beneficially owns 161,283 units (8.1%)
- Filing is under Rule 13d-1(c) — passive investor, no control intent
- All reporting persons share a business address in Brentwood, Tennessee
Financial Impact
Aggregate family stake of ~7-8% of outstanding units; no transaction value disclosed
Risk Factors
- No material risk identified from this passive filing
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| SC 13G Filing (Primary) | 0002155604-26-000001 |
| Document: 0002155604-26-000001-index.html | 0002155604-26-000001 |
| Document: 0002155604-26-000001.txt | 0002155604-26-000001 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 17, 2026 5w ago | SC 13G | $4.45 | awaiting T+60 | — | $4.30 (−3.37%) |
Aug 21, 2026 9w ago | 8-K | $4.88 | awaiting T+60 | — | $4.30 (−11.79%) |
Aug 21, 2026 9w ago | Press Release | $4.88 | awaiting T+60 | — | $4.30 (−11.79%) |
May 18, 2026 23w ago | 8-K | $5.00 $4.88 | ▲ +2.32% | ▲ +7.17% | $4.30 (+14.00%) |
US Market Status
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