Form 4: David Abrams, Loar Holdings Inc. Director and 10% Owner, Sells Shares

David Abrams, a director and 10% owner of Loar Holdings Inc., sold 4,673,986 shares of common stock at a price of $80.9077 per share on May 15, 2025.

Summary

• On May 15, 2025, David Abrams, a director and 10% owner of Loar Holdings Inc. (LOAR), sold 4,673,986 shares of common stock.
• The sale price was $80.9077 per share.
• Following the transaction, Abrams beneficially owns 32,753,931 shares indirectly through various Abrams Funds.
• The shares are held by Abrams Capital Partners II, L.P. (ACP II), Riva Capital Partners IV, L.P. (Riva IV), Abrams Capital Partners I, L.P. (ACPI), Whitecrest Partners, LP (WCP), Great Hollow International, L.P. (GHI), and Riva Capital Partners V, L.P. (Riva V).

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a sale of shares by a director. It doesn't inherently convey positive or negative sentiment, but the sale itself could be interpreted in various ways by the market.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders (officers, directors, or those holding 10% or more of a company's shares) buy or sell the company's stock. These filings provide transparency to the market regarding insider transactions.

Stakeholder Impact

• The sale of shares by a significant shareholder like David Abrams could potentially influence the market's perception of Loar Holdings Inc.
• Shareholders may react to the news depending on their interpretation of the sale (e.g., a sign of lack of confidence or simply portfolio management).

Key Dates

Keywords

Loar Holdings Inc., David Abrams, Form 4, Share Sale, Beneficial Ownership, Abrams Capital, Director, 10% Owner