4Filed Aug 6, 8:00 PM ET

Dorian LPG CCO Hansen Tim Truels Receives RSU Award

$LPG · DORIAN LPG LTD.

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Dorian LPG CCO Hansen Tim Truels Receives RSU Award

What Happened Hansen Tim Truels, Chief Commercial Officer of Dorian LPG Ltd. (LPG), received a grant of 24,833 restricted stock units (RSUs) on August 5, 2026. The award is reported at $0.00 per share (no cash exchanged). The RSUs vest ratably in three equal annual installments beginning on August 5, 2026. No shares were withheld to satisfy tax withholding obligations.

Key Details

  • Transaction date: 2026-08-05; Form 4 filed: 2026-08-07 (appears timely).
  • Transaction type/code: Award/Grant (A).
  • Amount: 24,833 RSUs; reported price $0.00.
  • Vesting: Three equal installments on Aug 5, 2026 and the two subsequent anniversaries.
  • Tax treatment: No securities withheld to satisfy taxes (footnote F1).
  • Holdings note: Footnote F2 indicates inclusion of 28,547 unvested shares underlying RSUs in reported holdings.

Context RSU grants are compensation awards that convert to shares only as they vest; this is not an open-market purchase or sale. Such grants reflect company compensation practices rather than an immediate insider market view. No exercise, sale, gift, or 10b5-1 plan is reported in this filing.