Form 4: Abrams Capital Sells 703,691 Shares of Loar Holdings Inc.
SEC Form 4
Abrams Capital Management, L.P. reports the sale of 703,691 shares of Loar Holdings Inc. at a price of $80.9077 per share on May 16, 2025.
Summary
- On May 16, 2025, Abrams Capital Management, L.P. sold 703,691 shares of Loar Holdings Inc.
- The sale price was $80.9077 per share.
- Following the transaction, Abrams Capital Management, L.P. and related entities still beneficially own 32,050,240 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, not an evaluation of the company's performance or future prospects.
Industry Context
This filing indicates a partial divestment by a major shareholder, Abrams Capital, which could be interpreted in various ways by the market depending on the overall context of Loar Holdings and the broader industry.
Stakeholder Impact
- The sale of shares by a major shareholder like Abrams Capital could potentially influence investor sentiment and the stock price of Loar Holdings Inc.
Key Dates
| Date | Description |
|---|---|
| 05/16/2025 | Date of transaction: sale of 703,691 shares of Loar Holdings Inc. |
| 05/20/2025 | Date of report filing. |
Keywords
Loar Holdings Inc., Abrams Capital Management, share sale, beneficial ownership, Form 4, securities
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