Dorian LPG (LPG) COO Alexander Hadjipateras Receives Restricted Stock Award

What Happened Alexander C. Hadjipateras, Chief Operating Officer of Dorian LPG Ltd., was granted a restricted stock award of 16,382 shares on August 5, 2026 (reported as an acquisition at $0). In connection with vesting activity on the same date, the issuer reacquired 6,086 shares to satisfy tax withholding: 2,536 shares (valued at $43.05 each, $109,175), 2,165 shares ($43.05, $93,203) and 1,385 shares ($43.05, $59,624) — a combined withholding value of $262,002. The award vests ratably in three equal installments beginning August 5, 2026.

Key Details

• Transaction date: August 5, 2026; Form 4 filed August 7, 2026 (appears timely).
• Grant: 16,382 restricted shares at $0.00 (Award/Grant, code A).
• Tax withholding (code F): 2,536; 2,165; and 1,385 shares reacquired at $43.05/share for a total of $262,002.
• The August 2026 award vests in three equal installments starting Aug 5, 2026; one-third (5,461 shares) vested on Aug 5, 2026, triggering the 1,385-share withholding.
• The 2,536- and 2,165-share withholdings relate to tax withholding on prior restricted-stock vestings (grants dated Aug 5, 2024 and Aug 5, 2025).
• Shares owned after the transactions are not specified in the provided filing.

Context

• This was largely an equity compensation event (award + tax-withholding), not an open-market sale or purchase by the insider. Grants (acquisitions) are generally routine compensation; withheld shares to cover taxes are common and do not necessarily indicate a change in the insider’s view of the company.
• Transaction codes: A = Award/Grant; F = shares withheld/reacquired by issuer to satisfy tax withholding.