Dorian LPG director may sell $1.45M in shares
Rhea-AI Filing Summary
DORIAN LPG LTD. (LPG) received a notice under Rule 144 that director Oivind Lorentzen may sell up to 25,000 common shares of Dorian LPG Ltd. through Charles Schwab & Co., Inc.. The shares have an aggregate market value of $1,447,750, with 42,782,681 common shares outstanding and an approximate sale date of September 18, 2026 on the NYSE. The securities to be sold were originally acquired on March 9, 2021 by inheritance from a family member.
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Key Figures
Common shares to be sold: 25,000 shares
Aggregate market value of shares to be sold: $1,447,750
Common shares outstanding: 42,782,681 shares
+3 more
6 metrics
Common shares to be sold
25,000 shares
Maximum number of DORIAN LPG LTD. common shares covered by this Rule 144 notice
Aggregate market value of shares to be sold
$1,447,750
Total market value of the 25,000 common shares covered by the notice
Common shares outstanding
42,782,681 shares
Shares outstanding for DORIAN LPG LTD. listed alongside the proposed sale
Approximate sale date
September 18, 2026
Approximate date of sale for the 25,000 shares under Rule 144
Shares originally acquired by inheritance
76,899 shares
Common shares acquired on March 9, 2021 by inheritance from a family member
Date shares were acquired
March 9, 2021
Acquisition date of inherited common shares referenced in the filing
Key Terms
Rule 144, aggregate market value, Securities To Be Sold, Securities Sold During The Past 3 Months, +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.
aggregate market value financial
"Common Shares ... 25000 | 1447750.00 | 42782681"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
Securities To Be Sold financial
"144: Securities To Be Sold Common Shares | 03/09/2021 | Inherited"
Securities Sold During The Past 3 Months financial
"144: Securities Sold During The Past 3 Months"
inherited other
"Common Shares | 03/09/2021 | Inherited | Family Member"
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 director Oivind Lorentzen may sell up to 25,000 common shares of Dorian LPG Ltd. under Rule 144, with an aggregate market value of $1,447,750, on or about September 18, 2026 through Charles Schwab & Co., Inc..
AI-generated analysis. How Rhea-AI works. Not financial advice.