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.
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.
Positive
- None.
Negative
- None.
Insights
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Insider Trade Summary
Net Seller: 20,000 shares
Net Sell
2 txns
Insider
LORENTZEN OIVIND
Role
Director
Sold
20,000 shs ($1.14M)
| 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)
Footnotes (2)
- F1. These shares were sold in a single transaction at a price of $56.8063 per share.
- 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.
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