Dorian LPG officer plans sale of 5,000 shares
Officer Theodore Young filed a Rule 144 notice to potentially sell 5,000 LPG common shares originally granted as restricted stock awards.
Rhea-AI Filing Summary
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.
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Key Figures
Shares covered by Rule 144 notice: 5,000 shares
Estimated aggregate market value: $265,525
Shares outstanding: 42,782,681 shares
+4 more
7 metrics
Shares covered by Rule 144 notice
5,000 shares
Common stock proposed for sale for the account of Theodore Young
Estimated aggregate market value
$265,525
Value of the 5,000 common shares covered by the notice
Shares outstanding
42,782,681 shares
Common stock outstanding referenced in the Rule 144 notice
Restricted Stock Award 1
240 shares
Award dated June 15, 2022 for services rendered
Restricted Stock Award 2
413 shares
Award dated August 5, 2021 for services rendered
Restricted Stock Award 3
4,347 shares
Award dated August 5, 2021 for services rendered
Proposed sale date
September 8, 2026
Date referenced for the potential sale of common stock
Key Terms
Rule 144, Restricted Stock Award, Services Rendered, Common, +1 more
5 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.
Restricted Stock Award financial
"Common | 06/15/2022 | Restricted Stock Award | Issuer"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
Services Rendered financial
"240 | 06/15/2022 | Services Rendered"
Common financial
"Common | Morgan Stanley Smith Barney LLC Executive Financial Services"
NYSE market
"42782681 | 09/08/2026 | NYSE"
A large, regulated marketplace where stocks and other securities are listed and traded, acting like a global auction house that matches buyers and sellers and helps determine share prices. It matters to investors because listing and trading there provide liquidity, price discovery, and regulatory oversight—making it easier to buy or sell holdings and giving companies a visible platform that can affect credibility and access to capital.
FAQ
What is being disclosed about DORIAN LPG LTD. (LPG) in this Form 144?
The filing reports a Rule 144 notice for the potential sale of 5,000 shares of DORIAN LPG LTD. common stock by officer Theodore Young through Morgan Stanley Smith Barney LLC, with an estimated aggregate market value of $265,525.
On which exchange is DORIAN LPG LTD. (LPG) listed according to this filing?
The securities information section identifies the common stock as traded on the NYSE, in connection with the Rule 144 notice to sell 5,000 shares of DORIAN LPG LTD.
AI-generated analysis. How Rhea-AI works. Not financial advice.