Form 4: Alison Bomberg, Loar Holdings Inc. Director, Sells Shares Worth $371 Million
SEC Form 4 Filing
Alison Bomberg, a director at Loar Holdings Inc., sold 4,584,763 shares of common stock at a price of $80.9077 per share on May 15, 2025.
Summary
- On May 15, 2025, Alison Bomberg, a director of Loar Holdings Inc., sold 4,584,763 shares of common stock.
- The sale price was $80.9077 per share.
- Following the transaction, Ms. Bomberg indirectly owns 32,128,678 shares.
- The shares are held by various entities including Abrams Capital Partners II, L.P., Riva Capital Partners IV, L.P., Abrams Capital Partners I, L.P., Whitecrest Partners, LP, and Riva Capital Partners V, L.P.
- Ms. Bomberg disclaims beneficial ownership of these securities except to the extent of her pecuniary interest.
Sentiment
Score: 5
Explanation: Neutral sentiment as it is a standard disclosure of stock sale by a company director. The sale itself doesn't necessarily indicate positive or negative sentiment about the company's future.
Management Comments
- The Reporting Person disclaims beneficial ownership of such securities except to the extent of her pecuniary interest therein, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The sale of a significant number of shares by a director could potentially influence investor sentiment, although the director disclaims beneficial ownership beyond her pecuniary interest.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of stock sale transaction |
| 05/19/2025 | Date of Form 4 filing |
Keywords
Loar Holdings Inc., Alison Bomberg, stock sale, Form 4, beneficial ownership, director, shares
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