Loar insider buys 44,000 shares in open market
Loar Holdings Inc. director and officer Charles Dirkson reported three indirect open-market purchases of Common Stock through the Charles Family Trust 13.
Rhea-AI Filing Summary
Loar Holdings Inc. director and officer Charles Dirkson reported three indirect open-market purchases of Common Stock through the Charles Family Trust 13. Across March 10–12, the trust bought a total of 44,000 shares at prices around $67 per share.
Following these purchases, indirect holdings reported for the trust were 4,087,005 shares of Loar common stock. The filing notes that Dirkson, as trustee, may be deemed to beneficially own these shares but disclaims beneficial ownership beyond his pecuniary interest.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 36,434 | $67.45 | $2.46M |
| Purchase | Common Stock | 4,166 | $67.49 | $281K |
| Purchase | Common Stock | 3,400 | $67.41 | $229K |
Footnotes (6)
- F1. 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 sold at each separate price within the ranges set forth in footnotes (2), (5) and (6) to this Form 4.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.15 to $67.50, inclusive.
- F3. Consists of shares owned by the Charles Family Trust 13, the trustee of which is the Reporting Person. As a result, the Reporting Person may be deemed to have beneficial ownership of the shares held directly by the Charles Family Trust 13.
- F4. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.43 to $67.50, inclusive.
- F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.19 to $67.50, inclusive.
FAQ
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