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[Form 4] DORIAN LPG LTD Insider Trading Activity

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4
Insider HADJIPATERAS JOHN C
Role President and CEO
Type Security Shares Price Value
Grant/Award Common Shares, $0.01 par value per share 71,029 $0.00 --
Tax Withholding Common Shares, $0.01 par value per share 10,972 $30.76 $337K
Tax Withholding Common Shares, $0.01 par value per share 13,053 $30.76 $402K
Tax Withholding Common Shares, $0.01 par value per share 1,854 $30.76 $57K
Tax Withholding Common Shares, $0.01 par value per share 11,198 $30.76 $344K
holding Common Shares, $0.01 par value per share -- -- --
holding Common Shares, $0.01 par value per share -- -- --
Holdings After Transaction: Common Shares, $0.01 par value per share — 1,895,415 shares (Direct); Common Shares, $0.01 par value per share — 138,500 shares (Indirect, By Spouse)
Footnotes (1)
  1. Restricted Stock Award (the "August 2025 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, 2025. In connection with the vesting of a portion of the August 2025 Restricted Stock Award (23,677 shares) on August 5, 2025, 10,972 shares were withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations. Represents 13,053 shares reacquired to satisfy tax withholding obligations in connection with the vesting of 28,167 shares of restricted stock granted to the Reporting Person on August 5, 2024. Represents 1,854 shares reacquired to satisfy tax withholding obligations in connection with the vesting of 4,000 shares of restricted stock granted to the Reporting Person on September 15, 2023. Represents 11,198 shares reacquired to satisfy tax withholding obligations in connection with the vesting of 24,166 shares of restricted stock granted to the Reporting Person on August 5, 2023. 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.
Form 4 Insider Transactions: What Each Field Means →
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*
HADJIPATERAS JOHN C
(Last) (First) (Middle)
C/O DORIAN LPG (USA) LLC
27 SIGNAL ROAD
(Street)
STAMFORD CT 06902
(City) (State) (Zip)
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 X 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
08/05/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 08/05/2025 A 71,029(1) A $0 1,895,415 D
Common Shares, $0.01 par value per share 08/05/2025 F 10,972(2) D $30.76 1,884,443 D
Common Shares, $0.01 par value per share 08/05/2025 F 13,053(3) D $30.76 1,871,390 D
Common Shares, $0.01 par value per share 08/05/2025 F 1,854(4) D $30.76 1,869,536 D
Common Shares, $0.01 par value per share 08/05/2025 F 11,198(5) D $30.76 1,858,338 D
Common Shares, $0.01 par value per share 138,500 I By Spouse
Common Shares, $0.01 par value per share 30,664 I By Trust(6)
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. Restricted Stock Award (the "August 2025 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, 2025.
2. In connection with the vesting of a portion of the August 2025 Restricted Stock Award (23,677 shares) on August 5, 2025, 10,972 shares were withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations.
3. Represents 13,053 shares reacquired to satisfy tax withholding obligations in connection with the vesting of 28,167 shares of restricted stock granted to the Reporting Person on August 5, 2024.
4. Represents 1,854 shares reacquired to satisfy tax withholding obligations in connection with the vesting of 4,000 shares of restricted stock granted to the Reporting Person on September 15, 2023.
5. Represents 11,198 shares reacquired to satisfy tax withholding obligations in connection with the vesting of 24,166 shares of restricted stock granted to the Reporting Person on August 5, 2023.
6. 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.
By: /s/ John C. Hadjipateras 08/07/2025
** 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.

Source: View Original Filing on SEC EDGAR