Neil S. Subin Holds 14.3% Stake in Gulf Coast Ultra Deep Royalty Trust

TL;DR

**Neil S. Subin owns 14.3% of Gulf Coast Ultra Deep Royalty Trust, a significant stake.**

AI Summary

Neil S. Subin, an individual investor, has filed an Amendment No. 2 to Schedule 13G for Gulf Coast Ultra Deep Royalty Trust, indicating he beneficially owns 32,975,319 Royalty Trust Units, representing 14.3% of the class. This filing, dated February 1, 2024, updates his ownership stake as of January 27, 2023. This matters to investors because a significant ownership stake by an individual like Subin could signal confidence in the trust's future or potentially influence its governance, impacting unit value.

Why It Matters

This filing reveals a substantial ownership position by Neil S. Subin, which could influence the trust's direction and performance, directly affecting unit holders.

Risk Assessment

Risk Level: low — This filing primarily updates an existing ownership stake and does not introduce new, immediate risks to the company or its investors.

Analyst Insight

Investors should monitor future filings by Neil S. Subin for any changes in his substantial 14.3% ownership, as significant buying or selling could signal his changing sentiment towards Gulf Coast Ultra Deep Royalty Trust.

Key Numbers

• 32,975,319 — Royalty Trust Units (Total units beneficially owned by Neil S. Subin)
• 14.3% — Percentage of Class (Represents Neil S. Subin's significant ownership stake in the trust)

Key Players & Entities

• Neil S. Subin (person) — reporting person, beneficial owner of 14.3% of Gulf Coast Ultra Deep Royalty Trust
• Gulf Coast Ultra Deep Royalty Trust (company) — the issuer of the Royalty Trust Units
• 01 Energy & Transportation (company) — organization name associated with the subject company
• 32,975,319 (dollar_amount) — number of shares beneficially owned by Neil S. Subin
• 14.3% (dollar_amount) — percentage of class represented by Neil S. Subin's ownership
• January 27, 2023 (date) — date of event which requires filing of this statement
• February 1, 2024 (date) — filing date of the SC 13G/A amendment

Forward-Looking Statements

• Neil S. Subin will maintain a significant ownership stake in Gulf Coast Ultra Deep Royalty Trust. (Neil S. Subin) — medium confidence, target: 2025-02-01

FAQ

Filing Documents

• ea192603-13ga2subin_gulf.htm (SC 13G/A) — 41KB
• 0001213900-24-008784.txt ( ) — 42KB

(a). Name

Item 1(a). Name of Issuer Gulf Coast Ultra Deep Royalty Trust

(b). Address

Item 1(b). Address of Issuer’s Principal Executive Offices The Bank of New York Mellon Trust Company, N.A., as trustee 601 Travis Street, 16th Floor Houston, Texas 77002

(a). Name

Item 2(a). Name of Person(s) Filing Neil S. Subin

(b). Address

Item 2(b). Address of Principal Business Office or, if none, Residence 2336 SE Ocean Blvd, Suite 400 Stuart, Florida 34996

(c). Citizenship

Item 2(c). Citizenship United States

(d). Title

Item 2(d). Title of Class of Securities Royalty Trust Units

(e). CUSIP

Item 2(e). CUSIP Number 40222T104

If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a

Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: Not Applicable, this statement is filed pursuant to Rule 13d-1(c).

Ownership

Item 4. Ownership: The information required by Items 4(a) – (c) is set forth in Rows (5) – (11) of the cover page hereto and is incorporated herein by reference.

Ownership of Five Percent or Less of a Class

Item 5. Ownership of Five Percent or Less of a Class: Not Applicable.

Ownership of More than Five Percent on Behalf of Another Person

Item 6. Ownership of More than Five Percent on Behalf of Another Person: Other persons have the right to receive and the power to direct the receipt of dividends from, or the proceeds from the sale of the Trust Units beneficially owned by Mr. Subin. Page 4 of 5 Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person: Not Applicable.

Identification and Classification of Members of the Group

Item 8. Identification and Classification of Members of the Group: Not Applicable.

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group: Not Applicable.

Certification

Item 10. Certification: 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. Page 5 of 5 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. Dated: February 1, 2024 /s/ Neil S. Subin Neil S. Subin

View Full Filing

View this SC 13G/A filing on SEC EDGAR