Dorian LPG director sells 20,000 trust-held shares

After the transaction, 107,050 shares were held through trusts and Oivind Lorentzen directly held 10,301 shares.

Available on EDGAR 09/23/2026 - 04:43 PM EDT Accepted by SEC EDGAR 09/23/2026 - 04:43 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Dorian LPG Ltd. director Oivind Lorentzen reported that 20,000 common shares held in multiple trusts were sold in a single transaction on September 21, 2026, at $56.8063 per share. The footnote says Lorentzen is a beneficiary of the trusts and has voting and dispositive power, while disclaiming beneficial ownership except to the extent of his pecuniary interest. After the sale, reported trust-held shares were 107,050; direct holdings were 10,301.

Insider Trade Summary

Net Seller: 20,000 shares

Net Sell 1 txn

Insider LORENTZEN OIVIND

Role Director

Sold 20,000 shs ($1.14M)

Share of Position Sold 15.7%

Type	Security	Shares	Price	Value
Sale	Common Shares, $0.01 par value per share F1, F2	20,000	$56.8063	$1.14M
Holding	Common Shares, $0.01 par value per share	--	--	--

Holdings After Transaction: Common Shares, $0.01 par value per share — 107,050 shares (Indirect, By trust); Common Shares, $0.01 par value per share — 10,301 shares (Direct)

Holdings Before and After: Common Shares, $0.01 par value per share, 127,050 to 107,050 shares (Indirect, By trust)

Other Insiders: 5 other insiders reported open-market sales of this stock in the 30 days up to this filing.

Footnotes (2)

1. F1. These shares were sold in a single transaction at a price of $56.8063 per share.
2. F2. Shares held in multiple trusts for which the Reporting Person is a beneficiary and over which the Reporting Person has voting and dispositive power. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and therefore inclusion of these securities shall not be deemed an admission of beneficial ownership by the Reporting Person of the reported securities for purposes of Section 16 or any other purpose.

Key Figures

Common shares sold: 20,000 shares Sale price: $56.8063 per share Trust-held shares after sale: 107,050 shares +1 more

4 metrics

Common shares sold 20,000 shares Shares held in multiple trusts; September 21, 2026

Sale price $56.8063 per share Single transaction on September 21, 2026

Trust-held shares after sale 107,050 shares Reported following the September 21, 2026 transaction

Direct holdings 10,301 shares Reported on September 21, 2026

Key Terms

beneficial ownership, pecuniary interest, dispositive power

3 terms

beneficial ownership regulatory

"disclaims beneficial ownership of these securities"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

pecuniary interest regulatory

"except to the extent of his pecuniary interest therein"

dispositive power regulatory

"over which the Reporting Person has voting and dispositive power"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many LPG shares were sold, and at what price?

Shares held in multiple trusts were sold in a single transaction: 20,000 common shares at $56.8063 per share on September 21, 2026.

Was the LPG trust-share sale made under a Rule 10b5-1 plan?

No Rule 10b5-1 plan is reported for the transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

LORENTZEN OIVIND

(Last) (First) (Middle)

C/O DORIAN LPG (USA) LLC

27 SIGNAL ROAD

(Street)

STAMFORD CONNECTICUT 06902

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
DORIAN LPG LTD. [ LPG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares, $0.01 par value per share	09/21/2026		S		20,000	D	$56.8063(1)	107,050	I	By trust(2)
Common Shares, $0.01 par value per share								10,301	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares were sold in a single transaction at a price of $56.8063 per share.

2. Shares held in multiple trusts for which the Reporting Person is a beneficiary and over which the Reporting Person has voting and dispositive power. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and therefore inclusion of these securities shall not be deemed an admission of beneficial ownership by the Reporting Person of the reported securities for purposes of Section 16 or any other purpose.

	/s/ Oivind Lorentzen	09/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)