Dorian LPG CEO awarded 45,429 restricted shares
HADJIPATERAS JOHN C reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
HADJIPATERAS JOHN C reported acquisition or exercise transactions in this Form 4 filing.
DORIAN LPG LTD. President and CEO John C. Hadjipateras received a Restricted Stock Award of 45,429 common shares on August 5, 2026 at $0.00 per share, vesting in three equal annual installments beginning August 5, 2026. Following this grant, he directly holds 1,882,667 common shares, plus indirect holdings of 153,500 shares held by his spouse and 30,664 shares held by the LMG Trust, where he and his wife are trustees and he disclaims beneficial ownership except for his pecuniary interest.
Positive
- None.
Negative
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Insider Trade Summary
Grant/Award: 45,429 shares
Grant/Award
3 txns
Insider
HADJIPATERAS JOHN C
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares, $0.01 par value per share F1 | 45,429 | $0.00 | $0.00 |
| holding | Common Shares, $0.01 par value per share | -- | -- | -- |
| holding | Common Shares, $0.01 par value per share F2 | -- | -- | -- |
Holdings After Transaction:
Common Shares, $0.01 par value per share — 1,882,667 shares (Direct);
Common Shares, $0.01 par value per share — 153,500 shares (Indirect, By Spouse);
Common Shares, $0.01 par value per share — 30,664 shares (Indirect, By Trust)
Footnotes (2)
- F1. Restricted Stock Award, pursuant to which the applicable restricted shares shall vest ratably and in three equal installments commencing with, and on the subsequent anniversaries of, August 5, 2026.
- 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.
Key Figures
Restricted shares awarded: 45,429 shares
Direct common shares after award: 1,882,667 shares
Indirect shares held by spouse: 153,500 shares
+2 more
5 metrics
Restricted shares awarded
45,429 shares
Restricted Stock Award on August 5, 2026
Direct common shares after award
1,882,667 shares
Direct holdings following August 5, 2026 grant
Indirect shares held by spouse
153,500 shares
Indirect ownership reported as "By Spouse"
Indirect shares held by LMG Trust
30,664 shares
Trust holdings where CEO disclaims beneficial ownership except pecuniary interest
Par value per common share
$0.01
Common Shares, $0.01 par value per share
Key Terms
Restricted Stock Award, pecuniary interest, beneficial ownership, par value
4 terms
Restricted Stock Award financial
"Restricted Stock Award, pursuant to which the applicable restricted shares shall vest ratably"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
pecuniary interest financial
"disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein"
beneficial ownership regulatory
"shall not be deemed an admission of beneficial ownership by the Reporting Person of the reported 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.
par value financial
"Common Shares, $0.01 par value per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stock award did Dorian LPG (LPG) CEO John C. Hadjipateras receive?
Dorian LPG’s CEO John C. Hadjipateras received a Restricted Stock Award of 45,429 common shares. The shares were granted at $0.00 per share on August 5, 2026 and form part of his equity-based compensation in the company.
AI-generated analysis. How Rhea-AI works. Not financial advice.
