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Loar Holdings(LOAR.US) 10% Shareholder Sells US$81.7 Million in Common Stock

Moomoo News ·  Dec 16 21:04

$Loar Holdings (LOAR.US)$ 10% Shareholder Abrams David C sold 1.01 million shares of common stock on Dec 12, 2024 at an average price of $81.175 for a total value of $81.7 million.

This transaction involves other related parties: ABRAMS CAPITAL MANAGEMENT, L.P., ABRAMS CAPITAL MANAGEMENT, LLC, ABRAMS CAPITAL, LLC, Abrams Capital Partners II, L.P., Riva Capital Management IV, LLC, RIVA CAPITAL PARTNERS IV, L.P., Riva Capital Management V, LLC and Riva Capital Partners V, L.P..

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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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