Form 4: Loar Holdings Inc. Executive Co-Chairman Brett N. Milgrim Sells Shares
SEC Form 4 Filing
Brett N. Milgrim, Executive Co-Chairman of Loar Holdings Inc., recently sold shares of common stock, reducing his direct holdings.
Summary
- Brett N. Milgrim, the Executive Co-Chairman of Loar Holdings Inc. [LOAR], reported changes in beneficial ownership.
- On May 16, 2025, Milgrim sold 558,695 shares of common stock at a price of $80.9077 per share.
- Following this transaction, Milgrim directly owns 3,306,632 shares of common stock.
- On May 19, 2025, Milgrim sold 84,115 shares of common stock at a price of $80.9077 per share.
- Following this transaction, Milgrim directly owns 3,222,517 shares of common stock.
- Milgrim also has indirect ownership of 608,541 shares through BNM Capital LLC.
Sentiment
Score: 4
Explanation: The sentiment is slightly negative due to the sale of shares by a key executive, which could indicate a lack of confidence in the company's future performance, or simply be part of a diversification strategy.
Negatives
- The sale of shares by a high-ranking executive could be interpreted negatively by the market.
Risks
- Continued selling by insiders could put downward pressure on the stock price.
Industry Context
Insider trading activity is always closely watched by investors as it can provide signals about management's view of the company's prospects.
Stakeholder Impact
- Shareholders may react to the insider selling activity.
- The market perception of Loar Holdings Inc. could be affected.
Key Dates
| Date | Description |
|---|---|
| 05/16/2025 | Milgrim sold 558,695 shares of common stock at $80.9077 per share. |
| 05/19/2025 | Milgrim sold 84,115 shares of common stock at $80.9077 per share. |
Keywords
LOAR, Loar Holdings Inc., Insider Trading, Form 4, Executive Co-Chairman, Brett N. Milgrim, Beneficial Ownership, Stock Sale
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