Dorian LPG (NYSE: LPG) CEO reports 15,000-share stock purchase

Rhea-AI Filing Summary

Dorian LPG Ltd. President and CEO John C. Hadjipateras, who is also a director and 10% owner, reported an insider purchase of common shares. On January 7, 2026, 15,000 common shares were purchased at an average price of $27.30 per share, with the shares held indirectly through his spouse.

Following the reported transaction, he beneficially owned 1,837,238 common shares directly and 153,500 common shares indirectly through his spouse. He also reported indirect beneficial ownership of 30,664 common shares held by the LMG Trust, where he and his wife serve as trustees and a child is the beneficiary, while disclaiming beneficial ownership of those trust shares except to the extent of his pecuniary interest.

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
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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)
01/07/2026

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								1,837,238	D
Common Shares, $0.01 par value per share	01/07/2026		P		15,000	A	$27.3(1)	153,500	I	By Spouse
Common Shares, $0.01 par value per share								30,664	I	By Trust(2)

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. The price reported in Column 4 is an average price. These common shares were purchased in multiple transactions at prices ranging from $27.00 to $27.55 per share. The Reporting Person undertakes to provide to Dorian LPG Ltd., any security holder of Dorian LPG Ltd., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth herein.

2. 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	01/09/2026
	** 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.

FAQ

What insider transaction did Dorian LPG (LPG) report in this Form 4?

The filing reports that President and CEO John C. Hadjipateras had an indirect purchase of 15,000 Dorian LPG common shares on January 7, 2026, held through his spouse.

At what price were the Dorian LPG (LPG) shares purchased in the reported trade?

The 15,000 common shares were bought at an average price of $27.30 per share, based on multiple trades between $27.00 and $27.55 per share.

How many Dorian LPG (LPG) shares does John C. Hadjipateras beneficially own after this transaction?

After the transaction, he reported 1,837,238 common shares held directly, 153,500 shares held indirectly through his spouse, and 30,664 shares held indirectly through the LMG Trust.

What is the role of the LMG Trust in John C. Hadjipateras’s Dorian LPG (LPG) holdings?

The LMG Trust holds 30,664 Dorian LPG common shares. Mr. Hadjipateras and his wife are trustees, and a child is the beneficiary. He disclaims beneficial ownership of these shares except for his pecuniary interest.

What positions does John C. Hadjipateras hold at Dorian LPG (LPG)?

He is reported as a Director, President and CEO, and a 10% owner of Dorian LPG Ltd.

Was the reported Dorian LPG (LPG) insider transaction a purchase or a sale?

The Form 4 shows a transaction code P, indicating a purchase of Dorian LPG common shares.