[SCHEDULE 13G/A] Loar Holdings Inc. SEC Filing
Rhea-AI Filing Summary
Loar Holdings ownership disclosure: GPV Loar LLC and Paul S. Levy report beneficial ownership of 8,012,580 common shares, representing 8.6% of the issuer's 93,622,471 outstanding shares. The filing is a Schedule 13G/A reporting the current ownership stake and the relationship between the reporting persons.
The statement clarifies voting and disposition rights: Mr. Levy is reported as having sole voting and sole dispositive power over the 8,012,580 shares, while GPV Loar LLC is reported with shared voting and shared dispositive power for the same shares. The filing also references a Joint Filing Agreement (Exhibit 99.1) among the reporting persons. This disclosure documents a single beneficial holder with material (over 5%) ownership and defines the allocation of voting and disposal authority for those shares.
Positive
- Clear disclosure of beneficial ownership: 8,012,580 shares explicitly reported
- Material stake reported: 8.6% of the 93,622,471 outstanding shares
- Clarified voting and disposition rights: Paul S. Levy reported with sole voting and dispositive power
- Joint Filing Agreement referenced: Exhibit 99.1 documents coordination between reporting persons
Negative
- None.
Insights
TL;DR: An 8.6% stake is material and now clearly documented; voting and disposition rights are specified.
The filing reports 8,012,580 shares (8.6%) beneficially owned, a position sized materially above the 5% reporting threshold and based on 93,622,471 outstanding shares as stated in the filing. For investors and analysts, the disclosure establishes ownership scale and transparency around control: Paul S. Levy holds sole voting and dispositive power while GPV Loar LLC is recorded with shared powers. This clarity reduces uncertainty about who can direct votes or dispositions for this block.
TL;DR: The filing delineates governance rights—Levy has sole power; GPV Loar LLC reports shared power; a joint filing agreement is referenced.
From a governance perspective, the statement plainly assigns sole voting and dispositive authority to Paul S. Levy for the 8,012,580 shares, while GPV Loar LLC reports shared voting and shared dispositive power. The inclusion of a referenced Joint Filing Agreement (Exhibit 99.1) documents coordination between the reporting persons. The disclosure is procedurally important and clarifies who can exercise control over the disclosed block.