The cluster of C-suite sales is notable but falls below the 0.5% market-cap threshold for 'significant' insider selling. Monitor for any upcoming earnings pre-announcement or operational update that may have prompted the selling.
Price Chart
Executive Summary
Three senior executives at Dorian LPG (CFO, COO, CCO) sold a combined ~$4.3M in open-market sales over a 3-day window, with the CFO executing three separate sales. The total value represents ~0.19% of the company's $2.3B market cap, placing it in the 'modest' proportionality band. While insider sales are generally less predictive than buys, the cluster involves multiple C-suite officers selling concurrently, which warrants attention but does not carry the same signal strength as a cluster of buys per academic literature. The timing follows no apparent 10b5-1 pattern and coincides with the stock trading near $53-54, near its recent range.
Key Financial Metrics
Key Facts
- CFO Theodore B. Young sold 26,000 shares total across three transactions ($1.4M)
- COO Alexander C. Hadjipateras sold 5,000 shares ($271K)
- CCO Tim Truels Hansen sold 50,000 shares ($2.66M) — the largest single sale
- Total cluster value: ~$4.3M, representing ~0.19% of $2.3B market cap
- All sales were open-market (code S), not tax-withholding or derivative exercises
- No insider purchases were filed in the same window
Financial Impact
~$4.3M in insider sales over 3 days, ~0.19% of market cap
Risk Factors
- Potential negative signal if additional insiders join the selling in coming weeks
- Shipping sector volatility and spot rate exposure could be driving personal portfolio rebalancing
- No 10b5-1 plan disclosed — sales appear discretionary
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-LPG-1789131668239 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 23, 2026 4w ago | Insider Cluster | $54.05 $51.44 | ▼ −4.83% | ▼ −4.41% | $55.18 (+2.09%) |
Sep 18, 2026 5w ago | 144 | $56.64 $52.50 | ▼ −7.31% | ▼ −6.40% | $55.18 (−2.58%) |
Sep 17, 2026 5w ago | Insider Cluster | $58.15 $53.60 | ▲ +7.82% | ▲ +8.03% | $55.18 (+5.11%) |
Sep 14, 2026 6w ago | Insider Cluster | $56.82 $57.98 | ▼ −2.04% | ▲ +0.68% | $55.18 (+2.89%) |
Sep 11, 2026 6w ago | Insider Cluster | $55.18 $57.64 | ▲ +4.46% | ▲ +2.59% | $55.18 (+0.00%) |
May 7, 2026 24w ago | 8-K | $39.81 $40.77 | ▲ +2.41% | ▼ −0.72% | $55.18 (+38.61%) |
May 5, 2026 24w ago | 8-K | $40.04 $40.90 | ▲ +2.15% | ▼ −2.81% | $55.18 (+37.81%) |
US Market Status
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