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Loar Holdings(LOAR.US) 10% Shareholder Sells US$80.14 Million in Common Stock

Moomoo News ·  Dec 16 12:24

$Loar Holdings (LOAR.US)$ 10% Shareholder Bobbili Raja sold 987.25K shares of common stock on Dec 12, 2024 at an average price of $81.175 for a total value of $80.14 million.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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