Indeed, you're pretty much correct on that. Sunoco (Sun Oil then) patented the blending valve located in the pump used to create the gasoline output with different octane numbers. The filling station had 2 storage tanks, 81 and 105 octane rating as I recall. There was a dial on the pump and you selected 81, 85, 89, 93 or 105 octane IIRC.
One of my uncles (a mechanical engineer out of Oklahoma A&M) designed the mixing valve. After WWII, he finished his degree at OK A&M then worked for Sun Oil until retiring in the mid-70’s. After the Normandy breakout, he was a replacement paratrooper into the 101st Airborne. Fought in the Battle of the Bulge through VE Day.
Sunoco advertised getting some of “that 260 action”. There was a setting or selector on the pumps for that. Have no idea what claimed octane it was. Circa 1973.
I am greatly impressed by your uncle! And I remember the different blends at the gas pump at SUNOCO stations. The pumps were blue and gold or at least blue. I liked the Sunoco logo.