<SEC-DOCUMENT>0001604350-25-000034.txt : 20251112
<SEC-HEADER>0001604350-25-000034.hdr.sgml : 20251112
<ACCEPTANCE-DATETIME>20251112153324
ACCESSION NUMBER:		0001604350-25-000034
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G/A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20251112
DATE AS OF CHANGE:		20251112

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			StealthGas Inc.
		CENTRAL INDEX KEY:			0001328919
		STANDARD INDUSTRIAL CLASSIFICATION:	DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
		ORGANIZATION NAME:           	01 Energy & Transportation
		EIN:				000000000
		STATE OF INCORPORATION:			1T
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-81487
		FILM NUMBER:		251472161

	BUSINESS ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		331 KIFISSIAS AVENUE
		STREET 2:		ERITHREA 14561
		CITY:			ATHENS
		PROVINCE COUNTRY:   	J3
		BUSINESS PHONE:		30 210 625 2849

	MAIL ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		331 KIFISSIAS AVENUE
		STREET 2:		ERITHREA 14561
		CITY:			ATHENS
		PROVINCE COUNTRY:   	J3

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Glendon Capital Management LP
		CENTRAL INDEX KEY:			0001604350
		ORGANIZATION NAME:           	
		EIN:				461394333
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		2425 OLYMPIC BLVD, SUITE 500E
		CITY:			SANTA MONICA
		STATE:			CA
		ZIP:			90404
		BUSINESS PHONE:		(310) 907-0450

	MAIL ADDRESS:	
		STREET 1:		2425 OLYMPIC BLVD, SUITE 500E
		CITY:			SANTA MONICA
		STATE:			CA
		ZIP:			90404
</SEC-HEADER>
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<TYPE>SCHEDULE 13G/A
<SEQUENCE>1
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<submissionType>SCHEDULE 13G/A</submissionType>
<filerInfo>
<filer>
<filerCredentials>
<cik>0001604350</cik>
<ccc>XXXXXXXX</ccc>
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<coverPageHeader>
<amendmentNo>2</amendmentNo>
<securitiesClassTitle>Common Stock</securitiesClassTitle>
<eventDateRequiresFilingThisStatement>09/30/2025</eventDateRequiresFilingThisStatement>
<issuerInfo>
<issuerCik>0001328919</issuerCik>
<issuerName>StealthGas Inc.</issuerName>
<issuerCusip>Y81669106</issuerCusip>
<issuerPrincipalExecutiveOfficeAddress>
<com:street1>331 Kifissias Avenue</com:street1>
<com:city>Erithrea</com:city>
<com:stateOrCountry>J3</com:stateOrCountry>
<com:zipCode>14561</com:zipCode>
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<designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
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<reportingPersonName>Glendon Capital Management L.P.</reportingPersonName>
<citizenshipOrOrganization>DE</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>4842982</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>4842982</sharedDispositivePower>
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<classPercent>13.52</classPercent>
<typeOfReportingPerson>IA</typeOfReportingPerson>
<comments>Percentage ownership is calculated based on 35,808,017 weighted average number of shares outstanding of the Issuer's common stock as disclosed in the Issuer's Form 6-K dated as of August 29, 2025. The holdings reflected above are as of November 12, 2025.</comments>
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<reportingPersonName>Brian Berman</reportingPersonName>
<citizenshipOrOrganization>X1</citizenshipOrOrganization>
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<comments>Percentage ownership is calculated based on 35,808,017 weighted average number of shares outstanding of the Issuer's common stock as disclosed in the Issuer's Form 6-K dated as of August 29, 2025. The holdings reflected above are as of November 12, 2025.</comments>
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<reportingPersonName>Glendon Opportunities Fund, L.P.</reportingPersonName>
<citizenshipOrOrganization>E9</citizenshipOrOrganization>
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<comments>Percentage ownership is calculated based on 35,808,017 weighted average number of shares outstanding of the Issuer's common stock as disclosed in the Issuer's Form 6-K dated as of August 29, 2025. The holdings reflected above are as of November 12, 2025.</comments>
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<issuerName>StealthGas Inc.</issuerName>
<issuerPrincipalExecutiveOfficeAddress>331 Kifissias Avenue, Erithrea, Greece, 14561</issuerPrincipalExecutiveOfficeAddress>
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<item2>
<filingPersonName>(1)	Glendon Capital Management L.P.&#13;
(2)	Brian Berman&#13;
(3)	Glendon Opportunities Fund, L.P.</filingPersonName>
<principalBusinessOfficeOrResidenceAddress>(1)Glendon Capital Management L.P. : 2425 Olympic Blvd., Suite 500E Santa Monica, CA 90404&#13;
(2)Brian Berman: 2425 Olympic Blvd., Suite 500E Santa Monica, CA 90404&#13;
(3)Glendon Opportunities Fund, L.P.: 2425 Olympic Blvd., Suite 500E Santa Monica, CA 90404</principalBusinessOfficeOrResidenceAddress>
<citizenship>(1)	Glendon Capital Management L.P.: Delaware Limited Partnership&#13;
(2)	Brian Berman: United States Citizen&#13;
(3)	Glendon Opportunities Fund, L.P.: Cayman Islands Exempted Limited Partnership</citizenship>
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<amountBeneficiallyOwned>(1)	Glendon Capital Management L.P.: 4,842,982&#13;
(2)	Brian Berman: 4,842,982&#13;
(3)	Glendon Opportunities Fund, L.P.: 4,739,902&#13;
&#13;
The holdings reflected above are as of November 12, 2025.</amountBeneficiallyOwned>
<classPercent>(1)	Glendon Capital Management L.P.: 13.52%&#13;
(2)	Brian Berman: 13.52%&#13;
(3)	Glendon Opportunities Fund, L.P.: 13.24%&#13;
&#13;
The holdings reflected above are as of November 12, 2025.</classPercent>
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(2)	Brian Berman: 0&#13;
(3)	Glendon Opportunities Fund, L.P.: 0</solePowerOrDirectToVote>
<sharedPowerOrDirectToVote>(1)	Glendon Capital Management L.P.: 4,842,982&#13;
(2)	Brian Berman: 4,842,982&#13;
(3)	Glendon Opportunities Fund, L.P.: 4,739,902&#13;
&#13;
The holdings reflected above are as of November 12, 2025.</sharedPowerOrDirectToVote>
<solePowerOrDirectToDispose>(1)	Glendon Capital Management L.P.: 0&#13;
(2)	Brian Berman: 0&#13;
(3)	Glendon Opportunities Fund, L.P.: 0</solePowerOrDirectToDispose>
<sharedPowerOrDirectToDispose>(1)	Glendon Capital Management L.P.: 4,842,982&#13;
(2)	Brian Berman: 4,842,982&#13;
(3)	Glendon Opportunities Fund, L.P.: 4,739,902&#13;
&#13;
The holdings reflected above are as of November 12, 2025.</sharedPowerOrDirectToDispose>
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<certifications>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, other than activities solely in connection with a nomination under ?? 240.14a-11.&#13;
&#13;
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, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
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<exhibitInfo>Exhibit 1</exhibitInfo>
<signatureInformation>
<reportingPersonName>Glendon Capital Management L.P.</reportingPersonName>
<signatureDetails>
<signature>Haig Maghakian</signature>
<title>Haig Maghakian / Chief Compliance Officer / General Counsel</title>
<date>11/12/2025</date>
</signatureDetails>
</signatureInformation>
<signatureInformation>
<reportingPersonName>Brian Berman</reportingPersonName>
<signatureDetails>
<signature>Brian Berman</signature>
<title>Brian Berman / Individual</title>
<date>11/12/2025</date>
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<reportingPersonName>Glendon Opportunities Fund, L.P.</reportingPersonName>
<signatureDetails>
<signature>Haig Maghakian</signature>
<title>Haig Maghakian / Authorized Person</title>
<date>11/12/2025</date>
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<signatureComments>Glendon Capital Associates LLC is the general partner of the Glendon Opportunities Fund, L.P. Pursuant to an investment management agreement, Glendon Capital Associates LLC has delegated its investment management authority in respect of the Glendon Opportunities Fund, L.P. to Glendon Capital Management L.P.</signatureComments>
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