Dorian LPG 10% Owner John C. Hadjipateras Receives Award

What Happened
John C. Hadjipateras, a reported 10% owner of Dorian LPG Ltd. (LPG), received a restricted stock award of 45,429 shares on August 5, 2026. The shares were granted at $0.00 (no cash consideration), so the reported acquisition value is $0.

Key Details

• Transaction date: August 5, 2026; Form 4 filed August 7, 2026 (filed within the usual two-business-day window).
• Grant: 45,429 restricted shares at $0.00 per share (total reported value $0).
• Vesting: Shares vest ratably in three equal installments beginning on the first anniversary of August 5, 2026 (per footnote F1).
• Trust holding: Some shares are held by the LMG Trust; the Reporting Person and his wife are trustees and the beneficiary is a child. He disclaims beneficial ownership except to the extent of any pecuniary interest (per footnote F2).
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context
This was a grant of restricted stock (an award), not an open-market purchase or sale. Restricted awards are typically subject to vesting conditions and do not necessarily signal immediate bullish trading intent. As a reported 10% owner, Hadjipateras’s holdings can reflect larger, partially non-executive arrangements (including trust holdings), so interpret grants differently than outright purchases or sales by officers.