Dorian LPG director Oivind Lorentzen sells $1.14m in shares

Dorian LPG Ltd. (NASDAQ:LPG) director Oivind Lorentzen sold 20,000 shares of the company's stock on September 21, 2026, for a total of $1,136,126. The sale occurred at a price of $56.8063 per share, following a decline of 8% in the stock's value over the past week. Despite this short-term dip, the shares remain up 88% over the past year, with a year-to-date gain of 135%.

Lorentzen now directly holds 10,301 common shares and indirectly beneficially owns 107,050 common shares through multiple trusts. He disclaims beneficial ownership of these securities except for his pecuniary interest. The company's financial performance improved in the first quarter of fiscal 2027, surpassing Wall Street expectations with adjusted earnings per share of $2.52 and revenue of $187.9 million.

Brief written by urgent.news from Investing.com's own syndicated text. Machine-written — may contain errors; check the original before relying on it.