Dorian LPG (LPG) Chief Commercial Officer sells 20,000 shares in open market

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

DORIAN LPG LTD. Chief Commercial Officer Tim Truels Hansen executed an open-market sale of 20,000 common shares at $35.3763 per share. After this transaction, he directly holds 157,842 common shares, which include 32,317 unvested shares underlying restricted stock units.

Insider Trade Summary

Net Seller: 20,000 shares ($707,526)

Net Sell 1 txn

Insider Hansen Tim Truels

Role Chief Commercial Officer

Sold 20,000 shs ($708K)

Type	Security	Shares	Price	Value
Sale	Common Shares, $0.01 par value per share	20,000	$35.3763	$708K

Holdings After Transaction: Common Shares, $0.01 par value per share — 157,842 shares (Direct, null)

Footnotes (1)

These shares were sold in a single transaction at a price of $35.3763. Includes 32,317 unvested shares underlying restricted stock units.

Key Figures

Shares sold: 20,000 shares Sale price: $35.3763 per share Shares held after: 157,842 shares +1 more

4 metrics

Shares sold 20,000 shares Open-market sale by Chief Commercial Officer

Sale price $35.3763 per share Price for single sale transaction

Shares held after 157,842 shares Direct holdings following transaction

Unvested RSU shares 32,317 shares Unvested shares underlying restricted stock units included in holdings

Key Terms

open-market sale, restricted stock units, Chief Commercial Officer

3 terms

open-market sale financial

"Sale in open market or private transaction"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

restricted stock units financial

"Includes 32,317 unvested shares underlying restricted stock units."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Chief Commercial Officer financial

"Chief Commercial Officer"

A chief commercial officer (CCO) is the senior executive responsible for a company’s revenue-generating activities, including sales, marketing, pricing, customer relationships and business development. Think of the CCO as the head coach who builds the game plan to win customers and grow sales; their effectiveness affects how fast a company earns money, enters new markets and sustains profits, making the role a key signal for investors about future revenue and competitive strength.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/01/2026 - 05:23 PM Accepted by SEC EDGAR 07/01/2026 - 05:23 PM

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^*

Hansen Tim Truels

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Shares, $0.01 par value per share	06/30/2026		S		20,000	D	$35.3763⁽¹⁾	157,842⁽²⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. These shares were sold in a single transaction at a price of $35.3763.

2. Includes 32,317 unvested shares underlying restricted stock units.

	/s/ Tim Truels Hansen	07/01/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did DORIAN LPG (LPG) report for Tim Truels Hansen?

DORIAN LPG reported that Chief Commercial Officer Tim Truels Hansen completed an open-market sale of 20,000 common shares. The shares were sold in a single transaction at a price of $35.3763 per share, according to the Form 4 filing details.

At what price were the DORIAN LPG (LPG) shares sold in this Form 4?

The 20,000 DORIAN LPG common shares were sold at $35.3763 per share. The filing notes this was a single transaction, providing a clear reference price for the sale executed by the company’s Chief Commercial Officer.

How many DORIAN LPG (LPG) shares does Tim Truels Hansen hold after the sale?

After the transaction, Tim Truels Hansen directly holds 157,842 DORIAN LPG common shares. This total includes both fully vested shares and 32,317 unvested shares that underlie outstanding restricted stock units granted as part of his compensation.

Does the DORIAN LPG (LPG) Form 4 mention restricted stock units for Tim Truels Hansen?

Yes. The Form 4 states that Hansen’s reported holdings include 32,317 unvested shares underlying restricted stock units. These RSUs represent equity-based compensation that will generally vest over time, increasing his effective exposure to DORIAN LPG shares.

What role does Tim Truels Hansen hold at DORIAN LPG (LPG)?

Tim Truels Hansen serves as Chief Commercial Officer at DORIAN LPG. His position is identified in the Form 4, which discloses his open-market sale of 20,000 common shares and his remaining direct ownership stake in the company after the transaction.