SCHEDULE: Morgan Stanley Reduces Stake in Sable Offshore Corp.

Morgan Stanley and its subsidiary, Morgan Stanley Capital Services LLC, have filed an amendment to their Schedule 13G, indicating they no longer beneficially own more than five percent of Sable Offshore Corp.'s common stock.

Summary

• Morgan Stanley and Morgan Stanley Capital Services LLC have filed an amendment to their Schedule 13G filing for Sable Offshore Corp.
• Both entities have ceased to be beneficial owners of more than five percent of Sable Offshore Corp.'s common stock.
• Morgan Stanley reported beneficial ownership of 2,149,433 shares, representing 1.1% of the class.
• Morgan Stanley Capital Services LLC reported beneficial ownership of 1,595,078 shares, representing 0.8% of the class.
• The filing is an amendment to a previous filing, with the event requiring this filing occurring on August 31, 2026.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this as a neutral to slightly negative filing, primarily due to the reporting entities ceasing to be beneficial owners of more than five percent, indicating a reduction in their stake.

Negatives

• Morgan Stanley and Morgan Stanley Capital Services LLC are no longer significant beneficial owners, having fallen below the 5% threshold.
• This indicates a reduction in their holdings or influence over Sable Offshore Corp.

Future Outlook

No specific future outlook or guidance is provided in this filing, as it pertains to ownership changes.

Management Comments

• Morgan Stanley and Morgan Stanley Capital Services LLC certify that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors and indicate changes in significant ownership stakes. The reduction in stake by Morgan Stanley suggests a potential shift in their investment strategy or a reallocation of capital.

Stakeholder Impact

• Shareholders may note the reduction in stake by a significant institutional holder, which could be interpreted in various ways regarding the company's future prospects.

Key Dates

Keywords

Sable Offshore Corp., Morgan Stanley, Schedule 13G, Beneficial Ownership, Securities Exchange Act, Amendment