Form 4: Loar Holdings Director Anthony Carpenito Sells Shares Worth Over $370 Million

Anthony Carpenito, a director and 10% owner of 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, Anthony Carpenito, a director and 10% owner of Loar Holdings Inc., sold 4,584,763 shares of common stock.
• The sale price was $80.9077 per share.
• Following the transaction, Carpenito indirectly owns 32,128,678 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 transaction. It doesn't inherently convey positive or negative sentiment, but the sale of a large number of shares by a director could be interpreted neutrally to slightly negatively by the market.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.

Stakeholder Impact

• The sale of a significant number of shares by a director could potentially influence investor sentiment and the company's stock price.

Key Dates

Keywords

Loar Holdings Inc., Anthony Carpenito, share sale, Form 4, beneficial ownership, Abrams Capital Partners, Riva Capital Partners