Dorian LPG officer plans sale of up to 5,000 shares
An officer of DORIAN LPG LTD. has filed a Rule 144 notice to sell up to 5,000 common shares through a broker.
Rhea-AI Filing Summary
DORIAN LPG LTD. (LPG) has a notice from company officer Alexander C. Hadjipateras to sell up to 5,000 shares of common stock under Rule 144 through J.P. Morgan Securities LLC, with an anticipated sale date of September 10, 2026. The shares derive from compensation awards of 4,000 shares granted on August 5, 2023 and 1,000 shares granted on August 5, 2024. The notice reports 42,782,681 common shares outstanding for DORIAN LPG LTD.
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Key Figures
Shares to be sold under Rule 144: 5,000 shares
Common shares outstanding: 42,782,681 shares
Compensation shares (2023 grant): 4,000 shares
+2 more
5 metrics
Shares to be sold under Rule 144
5,000 shares
Proposed sale of DORIAN LPG LTD. common stock through J.P. Morgan Securities LLC
Common shares outstanding
42,782,681 shares
Reported for DORIAN LPG LTD. in the Rule 144 notice
Compensation shares (2023 grant)
4,000 shares
Common stock acquired as compensation on August 5, 2023
Compensation shares (2024 grant)
1,000 shares
Common stock acquired as compensation on August 5, 2024
Approximate sale date
September 10, 2026
Stated planned date for the Rule 144 sale of 5,000 shares
Key Terms
Rule 144, attorney-in-fact, Compensation, agent
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
attorney-in-fact regulatory
"J.P. Morgan Securities LLC as agent and attorney-in-fact for Alexander"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
Compensation financial
"Common Stock | 08/05/2023 | Compensation | Issuer"
agent financial
"J.P. Morgan Securities LLC as agent and attorney-in-fact for Alexander"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filing disclose for DORIAN LPG LTD. (LPG)?
It discloses that officer Alexander C. Hadjipateras plans to sell up to 5,000 shares of DORIAN LPG LTD. common stock under Rule 144, using J.P. Morgan Securities LLC as the broker.
AI-generated analysis. How Rhea-AI works. Not financial advice.