Manella Michael J. 4

What Happened

• Michael J. Manella, General Counsel and Secretary of Loar Holdings (LOAR), reported a gift (code G) of 429,960 shares on March 10, 2026. The shares were transferred for no consideration (price $0.00) to the Michael J. Manella Living Trust – 2006.
• Although the transfer is coded as a disposal on Form 4, footnotes state Manella is the trustee of the trust, the sole beneficiaries are him and immediate family members, and he “remains the beneficial owner of the securities held by the trust.” The filing shows no cash value associated with the transfer.

Key Details

• Transaction date: March 10, 2026; Form 4 filed March 12, 2026 (appears timely under usual two-business-day reporting rules).
• Transaction type and code: Gift (G); 429,960 shares disposed at $0.00 per share.
• Shares owned after transaction: Not specified in the provided filing; footnotes indicate the reporting person may be deemed to beneficially own the shares held by the trust and also include a disclaimer of beneficial ownership except to the extent of pecuniary interest.
• Notable footnotes: (F1) shares are held by the Living Trust for which Manella is trustee; (F2) a disclaimer of beneficial ownership except to extent of pecuniary interest; (F3) transfer was to that trust for no consideration but Manella remains trustee and a beneficiary.

Context

• Gifts to a personal or family trust are typically internal estate/planning moves and do not necessarily signal a change in the insider’s view of the company. Because Manella is the trustee and an immediate-family beneficiary, the transfer may not represent a true economic divestiture.
• No purchase, option exercise, or market sale occurred in this filing; there is no proceeds amount to evaluate.