Form 4: Loar Holdings Inc. Executive Sells Shares in Recent Transactions

Dirkson R. Charles, a Director and Officer of Loar Holdings Inc., recently sold a significant number of common stock shares, as indicated in a Form 4 filing with the SEC.

Summary

• Dirkson R. Charles, a Director and Officer at Loar Holdings Inc., filed a Form 4 with the SEC detailing changes in beneficial ownership.
• On May 16, 2025, Charles sold 589,605 shares of common stock at a price of $80.9077 per share.
• Following this transaction, Charles directly owns 4,131,772 shares.
• On May 19, 2025, Charles sold 88,767 shares of common stock at a price of $80.9077 per share.
• Following this transaction, Charles directly owns 4,043,005 shares.
• The shares are held by the Charles Family Trust 13, for which Charles serves as trustee.
• Charles disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard reporting of stock sales by an insider; the impact depends on the size and reason for the sale, which isn't disclosed.

Management Comments

• The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

Industry Context

Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.

Stakeholder Impact

• Shareholders may react to the news of the stock sale, depending on their interpretation of the reasons behind it.
• The impact on employees, customers, suppliers, and creditors is likely minimal unless the sale signals a larger strategic shift.

Key Dates

Keywords

Form 4, SEC, Beneficial Ownership, Stock Sale, Loar Holdings Inc., Dirkson R. Charles