[Form 4] Loar Holdings Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Loar Holdings Inc. director and 10% owner Anthony Carpenito reported open-market purchases of the company’s common stock. On March 12 and 13, he bought a total of 4,800 shares at weighted average prices around $64–$65 per share, bringing his directly held position to 4,800 shares.
He also reports indirect beneficial ownership of 31,438,420 shares held by investment funds including Abrams Capital Partners II, Riva Capital Partners IV and V, Abrams Capital Partners I, and Whitecrest Partners. He is a member of the general partners of these funds and disclaims beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,800 shares ($311,857)
Net Buy
4 txns
Insider
Carpenito Anthony
Role
Director, 10% Owner
Bought
4,800 shs ($312K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.01 per share | 50 | $64.70 | $3K |
| Purchase | Common Stock, par value $0.01 per share | 1,260 | $64.4459 | $81K |
| Purchase | Common Stock, par value $0.01 per share | 3,490 | $65.1635 | $227K |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 4,800 shares (Direct);
Common Stock, par value $0.01 per share — 31,438,420 shares (Indirect, See footnotes)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were bought in multiple transactions at prices ranging from $63.88 to $64.83, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the ranges set forth above. The price reported in Column 4 is a weighted average price. These shares were bought in multiple transactions at prices ranging from $64.92 to $65.235, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the ranges set forth above. Shares reported herein as beneficially owned represent 10,930,063 shares held by Abrams Capital Partners II, L.P. ("ACP II"), 11,529,265 shares held by Riva Capital Partners IV, L.P. ("Riva IV"), 723,761 shares held by Abrams Capital Partners I, L.P. ("ACPI"), 1,232,146 shares held by Whitecrest Partners, LP ("WCP"), and 7,023,185 shares held by Riva Capital Partners V, L.P. ("Riva V"). The Reporting Person is a member of (i) Abrams Capital, LLC, which is the general partner of each of ACP I, ACP II and WCP, (ii) Riva Capital Management IV, LLC, which is the general partner of Riva IV, and (iii) Riva Capital Management V, LLC, which is the general partner of Riva V. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.