Form 4: Loar Holdings Inc. Director David Abrams Sells Shares
SEC Form 4 Filing
Director David Abrams 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, David Abrams, a director and 10% owner of Loar Holdings Inc., sold 703,691 shares of common stock at $80.9077 per share.
- The transaction was reported on May 20, 2025.
- Following the transaction, Abrams beneficially owns 32,050,240 shares indirectly through various Abrams Funds.
- Abrams 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 market may interpret the sale as slightly negative.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders (officers, directors, or those holding more than 10% of a company's shares) buy or sell the company's stock. These filings provide transparency to the market regarding insider transactions.
Stakeholder Impact
- Shareholders may react to the news of the share sale, potentially impacting the stock price.
Key Dates
| Date | Description |
|---|---|
| 05/16/2025 | Date of transaction: Sale of 703,691 shares. |
| 05/20/2025 | Date of filing: Report of the transaction. |
Keywords
Form 4, David Abrams, Loar Holdings Inc., Share Sale, Beneficial Ownership, Director, 10% Owner
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