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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.

(Neutral)
(Neutral)
Form Type
144

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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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
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.

How many DORIAN LPG LTD. (LPG) shares are outstanding in this notice?

The notice states that 42,782,681 shares of DORIAN LPG LTD. common stock are outstanding as of the filing context, providing a baseline relative to the 5,000 shares covered by the Rule 144 sale notice.

What is the origin of the DORIAN LPG LTD. (LPG) shares covered by this Form 144?

The 5,000 common shares come from restricted stock awards granted on June 15, 2022 (240 shares) and August 5, 2021 (413 and 4,347 shares) by the issuer as “Services Rendered” compensation.

What is the estimated value of the DORIAN LPG LTD. (LPG) shares to be sold?

The Rule 144 notice lists an estimated aggregate market value of $265,525 for the 5,000 common shares of DORIAN LPG LTD. covered by the potential sale.

Through which broker are the DORIAN LPG LTD. (LPG) shares expected to be sold?

The notice identifies Morgan Stanley Smith Barney LLC Executive Financial Services, at 1 New York Plaza, New York, as the broker for the potential sale of the 5,000 DORIAN LPG LTD. common shares.

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.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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