SCHEDULE 13D

CUSIP No.

1

Name of reporting person

Batchelor Joshua Lane

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 2,580,751.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 2,580,751.00

11

Aggregate amount beneficially owned by each reporting person

2,580,751.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

4.9 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

In his capacity as co-Managing Partner of Sage Road Capital, LLC, Mr. Batchelor may be deemed to beneficially own the shares of Common Stock held by Banner Oil & Gas, LLC, Woodford Petroleum, LLC, Sage Road Energy II, LP, and SRC Management Company, LP, which entities Sage Road Capital, LLC indirectly controls and manages certain funds which own a majority interest of, as discussed below. Based on information provided by the Issuer as of August 4, 2026, reflecting 52,493,428 shares of Common Stock of the Issuer outstanding as of such date.

SCHEDULE 13D

CUSIP No.

1

Name of reporting person

Stamets Benjamin Andrew

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 2,580,751.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 2,580,751.00

11

Aggregate amount beneficially owned by each reporting person

2,580,751.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

4.9 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

In his capacity as co-Managing Partner of Sage Road Capital, LLC, Mr. Stamets may be deemed to beneficially own the shares of Common Stock held by Banner Oil & Gas, LLC, Woodford Petroleum, LLC, Sage Road Energy II, LP, and SRC Management Company, LP, which entities Sage Road Capital, LLC indirectly controls and manages certain funds which own a majority interest of, as discussed below. Based on information provided by the Issuer as of August 4, 2026, reflecting 52,493,428 shares of Common Stock of the Issuer outstanding as of such date.

SCHEDULE 13D

CUSIP No.

1

Name of reporting person

Sage Road Capital, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 2,580,751.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 2,580,751.00

11

Aggregate amount beneficially owned by each reporting person

2,580,751.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

4.9 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

Sage Road Capital, LLC, may be deemed to beneficially own the shares of Common Stock held by Banner Oil & Gas, LLC, Woodford Petroleum, LLC, Sage Road Energy II, LP, and SRC Management Company, LP, which Sage Road Capital, LLC, indirectly controls and manages certain funds which own a majority interest of, as discussed below. Based on information provided by the Issuer as of August 4, 2026, reflecting 52,493,428 shares of Common Stock of the Issuer outstanding as of such date.

SCHEDULE 13D

CUSIP No.

1

Name of reporting person

SRC Management Company, LP

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 61,964.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 61,964.00

11

Aggregate amount beneficially owned by each reporting person

61,964.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.1 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

Sage Road Capital, LLC, may be deemed to beneficially own the shares of Common Stock held by Banner Oil & Gas, LLC, Woodford Petroleum, LLC, Sage Road Energy II, LP, and SRC Management Company, LP, which Sage Road Capital, LLC, indirectly controls and manages certain funds which own a majority interest of, as discussed below. Based on information provided by the Issuer as of August 4, 2026, reflecting 52,493,428 shares of Common Stock of the Issuer outstanding as of such date.

SCHEDULE 13D

CUSIP No.

1

Name of reporting person

Banner Oil & Gas, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 2,122,958.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 2,122,958.00

11

Aggregate amount beneficially owned by each reporting person

2,122,958.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

4.0 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

Based on information provided by the Issuer as of August 4, 2026, reflecting 52,493,428 shares of Common Stock of the Issuer outstanding as of such date.

SCHEDULE 13D

CUSIP No.

1

Name of reporting person

Woodford Petroleum, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 159,860.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 159,860.00

11

Aggregate amount beneficially owned by each reporting person

159,860.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.3 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

Based on information provided by the Issuer as of August 4, 2026, reflecting 52,493,428 shares of Common Stock of the Issuer outstanding as of such date.

SCHEDULE 13D

CUSIP No.

1

Name of reporting person

Sage Road Energy II, LP

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 235,969.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 235,969.00

11

Aggregate amount beneficially owned by each reporting person

235,969.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.5 %

14

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person:

Based on information provided by the Issuer as of August 4, 2026, reflecting 52,493,428 shares of Common Stock of the Issuer outstanding as of such date.

SCHEDULE 13D

Item 1.

Security and Issuer

(a)

Title of Class of Securities:

Common Stock, $0.01 par value per share

(b)

Name of Issuer:

BIG SKY INDUSTRIAL INC.

(c)

Address of Issuer's Principal Executive Offices:

1616 S. VOSS, SUITE 725, 1616 S. VOSS, SUITE 725, HOUSTON, TEXAS , 77057.

Item 1 Comment:

This Statement relates to the common stock, $0.01 par value per share (the "Common Stock"), of Big Sky Industrial Inc., a Delaware corporation (the "Issuer" or the "Company"). The principal executive offices of the Issuer are located at 1616 S. Voss, Suite 725, 77057. There are no changes to the Schedule 13D except as set forth in this Amendment No. 2.

Item 5.

Interest in Securities of the Issuer

(a)

Item 5(a) of the Schedule 13D is hereby amended and restated in their entirety as follows: The Reporting Persons each beneficially own less than 5% of the Common Stock. This amendment constitutes the final amendment, and the Reporting Persons do not intend to file further amendments

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.

Batchelor Joshua Lane

Signature:	/s/ Joshua L. Batchelor
Name/Title:	Joshua L. Batchelor
Date:	08/20/2026

Stamets Benjamin Andrew

Signature:	/s/ Benjamin A. Stamets
Name/Title:	Benjamin A. Stamets
Date:	08/20/2026

Sage Road Capital, LLC

Signature:	/s/ Joshua L. Batchelor
Name/Title:	Printed Name: Joshua L. Batchelor Its: Managing Partner
Date:	08/20/2026

SRC Management Company, LP

Signature:	/s/ Joshua L. Batchelor
Name/Title:	Printed Name: Joshua L. Batchelor Its: Manager
Date:	08/20/2026

Banner Oil & Gas, LLC

Signature:	/s/ Joshua L. Batchelor
Name/Title:	Printed Name: Joshua L. Batchelor Its: Manager
Date:	08/20/2026

Woodford Petroleum, LLC

Signature:	/s/ Joshua L. Batchelor
Name/Title:	Printed Name: Joshua L. Batchelor Its: Manager
Date:	08/20/2026

Sage Road Energy II, LP

Signature:	/s/ Joshua L. Batchelor
Name/Title:	Printed Name: Joshua L. Batchelor Its: Manager
Date:	08/20/2026