SCHEDULE 13D

FERRELLGAS PARTNERS L P

Class A Units · CUSIP: 315293100

Event date: 2026-03-16

Reporting persons may disclose overlapping interests. Their amounts are shown individually and are not added into a filing total.

Filing-level shares

Unavailable

Percent of class

Unavailable

• Ares Management LLCReported CIK 0001259313

  Shares: 1,563,690.00 · Class: 13.8%

• Ares Capital CorporationReported CIK 0001287750

  Shares: 476,770.00 · Class: 4.2%

• Ares Private Credit Solutions, L.P.Reported CIK 0001682590

  Shares: 102,300.00 · Class: 0.9%

• Ares PCS Holdings Inc.

  Shares: 185,940.00 · Class: 1.6%

• Ares Capital Management LLCReported CIK 0001449853

  Shares: 765,010.00 · Class: 6.7%

• ASOF II Holdings II, L.P.Reported CIK 0002123367

  Shares: 154,070.00 · Class: 1.4%

• ASOF II A (DE) Holdings III, L.P.Reported CIK 0002123366

  Shares: 27,775.00 · Class: 0.2%

• ASOF FG Holdings, L.P.Reported CIK 0002123368

  Shares: 600,000.00 · Class: 5.3%

• ASOF Investment Management LLCReported CIK 0001793548

  Shares: 781,845.00 · Class: 6.9%

• Ares Centre Street Partnership, L.P.Reported CIK 0001613268

  Shares: 7,715.00 · Class: 0.1%

• Ares Centre Street Management, L.P.Reported CIK 0001684166

  Shares: 7,715.00 · Class: 0.1%

• Ares Management Holdings L.P.Reported CIK 0001536937

  Shares: 1,563,690.00 · Class: 13.8%

• Ares Holdco LLCReported CIK 0001669983

  Shares: 1,563,690.00 · Class: 13.8%

• Ares Management CorporationReported CIK 0001176948

  Shares: 1,563,690.00 · Class: 13.8%

• Ares Voting LLCReported CIK 0001761656

  Shares: 1,563,690.00 · Class: 13.8%

• Ares Management GP LLCReported CIK 0001620264

  Shares: 1,563,690.00 · Class: 13.8%

• Ares Partners Holdco LLCReported CIK 0001620263

  Shares: 1,563,690.00 · Class: 13.8%

Amounts are as disclosed in this filing. Schedule type alone does not establish investment intent.