Form 4: Loar Holdings Director Anthony Carpenito Sells Shares Worth $55.8 Million

Director Anthony Carpenito reports selling 690,258 shares of Loar Holdings Inc. at $80.9077 per share on May 16, 2025.

Summary

• On May 16, 2025, Anthony Carpenito, a director and 10% owner of Loar Holdings Inc., sold 690,258 shares of common stock at a price of $80.9077 per share.
• The total value of the shares sold amounts to approximately $55.8 million.
• Following the transaction, Carpenito indirectly owns 31,438,420 shares through various entities including Abrams Capital Partners and Riva Capital Partners.
• Carpenito disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a share sale by a company insider. It doesn't inherently convey positive or negative sentiment, but the market's reaction to the sale could influence sentiment.

Industry Context

Sales of shares by company insiders are a common occurrence and are closely watched by investors for signals about the company's prospects. It is important to consider the context of the sale, such as the insider's reasons for selling and the overall trend of insider transactions.

Stakeholder Impact

• The share sale could potentially impact shareholder confidence, depending on how the market interprets the transaction.

Key Dates

Keywords

Loar Holdings Inc., Anthony Carpenito, share sale, Form 4, beneficial ownership, director, 10% owner, stock transaction