Welcome to our dedicated page for DORIAN LPG LTD. SEC filings (Ticker: LPG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Dorian LPG Ltd. filings document the public-company disclosures of a Marshall Islands LPG carrier owner and operator with common stock listed on the NYSE under LPG. Recent Form 8-K reports cover quarterly results, market and financial updates, forward chartering estimates, irregular dividend declarations, Regulation FD exhibits and board composition changes.
Proxy and annual meeting materials cover director elections, auditor ratification, executive compensation votes and related governance disclosures. Registration-statement references and 8-K exhibits also record how material events are incorporated into the company’s broader capital-markets disclosure record.
DORIAN LPG LTD. (LPG) has a notice of proposed sale filed for the account of officer Theodore Young under Rule 144. The notice covers the potential sale of 5,000 shares of common stock through Morgan Stanley Smith Barney LLC, with an estimated aggregate market value of $265,525 and 42,782,681 shares of common stock outstanding as of the notice. The shares derive from restricted stock awards granted in 2021 and 2022 as compensation for services rendered.
DORIAN LPG LTD. (LPG) disclosed that it has agreed to build three 90,000 cbm dual-fuel Panamax VLGCs with Hanwha Ocean for delivery in June, September, and December 2030 at a total price of approximately $345 million, supporting long-term fleet renewal and decarbonization goals. For the quarter ending September 30, 2026, the company estimates it has fixed about 99% of its fleet calendar days at rates in excess of $88,000 per day, excluding any demurrage. Dorian also entered into a new seven-year $368.4 million credit facility to refinance multiple existing facilities, comprising a $213.4 million term loan and a $155.1 million revolving credit facility, with a margin of 140 basis points over SOFR, an age-adjusted profile of 22 years, and a $200 million accordion feature to support future growth.
DORIAN LPG LTD. executive Tim Truels Hansen, Chief Commercial Officer, reported a sale of 25,000 common shares on August 11, 2026 at $45.044 per share in a single transaction. Following this sale, he holds 157,675 common shares, which include 28,547 unvested shares underlying restricted stock units.
Dorian LPG director and Head of Energy Transition John Lycouris received a 23,128-share Restricted Stock Award on August 5, 2026, vesting in three equal annual installments beginning that date. On the same date, a total of 13,792 shares were withheld at $43.05 per share to cover tax obligations tied to vesting of restricted stock granted in 2024, 2025 and 2026. In addition, 200,000 shares are held indirectly through the Kyveli Trust, with Lycouris disclaiming beneficial ownership except for his pecuniary interest.
Hansen Tim Truels reported acquisition or exercise transactions in this Form 4 filing.
Dorian LPG Ltd. reported that Chief Commercial Officer Tim Truels Hansen was granted 24,833 restricted stock units (RSUs) on August 5, 2026 under its Amended and Restated 2014 Equity Incentive Plan. The RSUs vest in three equal annual installments starting August 5, 2026. Following this award, Hansen directly holds 182,675 common shares, including 28,547 unvested RSUs. No securities were withheld to cover tax withholding obligations.
DORIAN LPG LTD.’s Chief Operating Officer, Alexander C. Hadjipateras, was granted 16,382 restricted common shares on August 5, 2026 under an August 2026 Restricted Stock Award that vests in three equal annual installments beginning August 5, 2026. On the same date, a total of 6,086 common shares at $43.05 per share were reacquired or withheld by the company to satisfy his tax withholding obligations upon vesting of restricted stock grants made in 2024, 2025 and from the August 2026 award.
HADJIPATERAS JOHN C reported acquisition or exercise transactions in this Form 4 filing.
DORIAN LPG LTD. President and CEO John C. Hadjipateras received a Restricted Stock Award of 45,429 common shares on August 5, 2026 at $0.00 per share, vesting in three equal annual installments beginning August 5, 2026. Following this grant, he directly holds 1,882,667 common shares, plus indirect holdings of 153,500 shares held by his spouse and 30,664 shares held by the LMG Trust, where he and his wife are trustees and he disclaims beneficial ownership except for his pecuniary interest.
DORIAN LPG LTD. reported equity compensation and related tax-withholding transactions involving its Chief Financial Officer, Theodore B. Young. On August 5, 2026, he received a Restricted Stock Award of 26,432 common shares, vesting in three equal annual installments starting on August 5, 2026.
On the same date, the issuer reacquired or withheld 5,098, 6,383 and 4,083 common shares at $43.05 per share to satisfy tax withholding obligations arising from the vesting of restricted stock granted on August 5, 2024 and August 5, 2025, and from the vesting of a portion (8,811 shares) of the August 2026 Restricted Stock Award. The filing indicates these transactions were not effected under a Rule 10b5-1 trading plan.
Dorian LPG Ltd. reported first quarter fiscal 2027 results for the three months ended June 30, 2026, with revenue of $187.9 million, an increase of $103.7 million, or 123.1%, from $84.2 million a year earlier. Net income amounted to $138.3 million, or $3.24 per diluted share, compared to $10.1 million, or $0.24 per diluted share, for the prior-year period.
Adjusted net income was $107.2 million, or $2.52 per diluted share, versus $11.3 million, or $0.27 per diluted share, with the $95.9 million increase driven mainly by higher revenues from increased time charter equivalent rates and available days, along with lower general and administrative and vessel operating expenses, partly offset by higher charter hire and profit sharing expenses. Adjusted EBITDA rose to $165.4 million from $38.6 million.
The fleet achieved a time charter equivalent rate of $75,926 per available day, a 91.1% increase, while daily vessel operating expenses decreased to $10,356. Results also included a $30.1 million gain on the sale of the VLGC Cobra and $0.9 million of unrealized derivative gains. Average indebtedness excluding deferred financing fees declined to $537.9 million from $553.0 million, and at June 30, 2026 cash and cash equivalents were $342.1 million with shareholders equity of $1.24 billion.
Dorian LPG Ltd., a VLGC-focused LPG shipping company, reported a strong quarter for the three months ended June 30, 2026. Total revenues rose to $187,884,848, up 123.1% from the prior-year period, driven by higher average time charter equivalent (TCE) rates of $75,926 per day and more available days. Net income jumped to $138,285,022, with diluted EPS of $3.24, aided by a $30,116,869 gain from the sale of the 2015-built VLGC Cobra. Vessel operating expenses fell to $10,356 per vessel per day, while general and administrative expenses declined 20.2%.
Cash and cash equivalents were $342,141,482 at June 30, 2026, against long-term debt (net of fees) of $507,543,957. Operating activities provided $30,471,851 of cash, investing activities added $80,548,596 mainly from the Cobra sale, and financing outflows of $96,231,501 reflected debt repayments and a $1.00-per-share irregular dividend (about $42.8 million). The company reclassified three VLGCs as held for sale and subsequently sold Corsair and Constellation for $166.4 million net, expecting a cumulative gain of about $63.5 million, and committed $115,300,000 to a new dual-fuel Panamax VLGC delivering in 2029.