Form 4: Abrams Capital Sells 4.67 Million Shares of Loar Holdings Inc.

Abrams Capital Management, L.P. and affiliated entities sold 4,673,986 shares of Loar Holdings Inc. at a price of $80.9077 per share on May 15, 2025.

Summary

• Abrams Capital Management, L.P., along with several affiliated entities, filed a Form 4 with the SEC on May 19, 2025.
• The filing reports a transaction that occurred on May 15, 2025, where a total of 4,673,986 shares of Loar Holdings Inc. common stock were sold.
• The sale price was $80.9077 per share.
• Following the reported transaction, the Abrams Funds collectively beneficially own 32,753,931 shares of Loar Holdings Inc.
• The shares are held by various Abrams Funds, including Abrams Capital Partners II, L.P., Riva Capital Partners IV, L.P., Abrams Capital Partners I, L.P., Whitecrest Partners, LP, Great Hollow International, L.P., and Riva Capital Partners V, L.P.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a report of a transaction. The impact on the stock price is uncertain without knowing the reasons for the sale.

Negatives

• The sale of a significant number of shares by a major shareholder could be perceived negatively by the market.

Risks

• Further sales of shares by Abrams Capital could put downward pressure on Loar Holdings Inc.'s stock price.
• The reasons behind the sale are not disclosed, which could lead to speculation and uncertainty among investors.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders or major shareholders of a publicly traded company buy or sell the company's stock; this filing indicates a significant transaction by a major shareholder in Loar Holdings Inc.

Stakeholder Impact

• Shareholders may react to the news of a large share sale by a major holder.
• The company's stock price could be affected by the sale.

Key Dates

Keywords

Loar Holdings Inc., Abrams Capital Management, share sale, Form 4, beneficial ownership, stock transaction