Dorian LPG CEO gifts 19,600 shares in Form 4 filing
Dorian LPG Ltd. (LPG) reported an insider transaction by its President and CEO, who is also a director and 10% owner.
Rhea-AI Filing Summary
Dorian LPG Ltd. (LPG) reported an insider transaction by its President and CEO, who is also a director and 10% owner. On 11/14/2025, the reporting person gifted 19,600 common shares at a stated price of $0, coded as a gift transaction. Following this, he beneficially owns 1,837,238 common shares directly and 138,500 common shares indirectly through his spouse.
An additional 30,664 common shares are held by the LMG Trust, for which the reporting person and his wife serve as trustees and one of their children is the beneficiary. He disclaims beneficial ownership of the trust’s shares except to the extent of his pecuniary interest, meaning those securities are reported for transparency but not fully attributed to him economically.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Shares, $0.01 par value per share | 19,600 | $0.00 | $0.00 |
| holding | Common Shares, $0.01 par value per share | -- | -- | -- |
| holding | Common Shares, $0.01 par value per share | -- | -- | -- |
Footnotes (2)
- F1. The Shares were gifted by the Reporting Person on November 14, 2025.
- F2. Shares held by the LMG Trust (the "Trust"). The Reporting Person and his wife are trustees of the Trust, and the beneficiary of the Trust is one of their children. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the 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.
FAQ
What insider transaction did Dorian LPG (LPG) report in this Form 4?
What is the role of the reporting person at Dorian LPG (LPG)?
What does the transaction code G mean in this Dorian LPG (LPG) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.