CEO/President Charles Dirkson R Confirms $2.97M Stock Purchase, Correcting Prior Filing Footnotes
LOAR is trading near its 52-week low of $62.05 (1.8% above the low) on elevated volume (2.1× avg).
Summary
President and CEO Charles Dirkson R filed an amended Form 4 to confirm a $2.97 million open market stock purchase, correcting prior footnotes that mistakenly indicated a sale.
Key Events · Ownership and Investor Activity · LOAR
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Significant Insider Purchase Confirmed
Charles Dirkson R, President, CEO, and Executive Co-Chairman, purchased 44,000 shares of common stock for a total of $2,967,831 between March 10-12, 2026.
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Amendment Corrects Prior Footnote Error
This Form 4/A clarifies that the transaction was an open market purchase, correcting erroneous footnotes in the original filing that inadvertently stated shares were "sold."
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Executive Shows Conviction Near 52-Week Lows
The substantial purchase by a top executive, made while the stock is trading near its 52-week low, indicates strong confidence in the company's valuation and future performance.
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Follows Strong Financial Results
This insider accumulation follows the company's recent 10-K filing on March 2, 2026, which reported strong financial results for fiscal year 2025.
Analysis · LOAR · Manufacturing
This amended Form 4 clarifies that President, CEO, and Executive Co-Chairman Charles Dirkson R made a significant open market purchase of Loar Holdings stock totaling nearly $3 million. The amendment specifically corrects erroneous footnotes in the original filing that inadvertently stated shares were "sold," confirming the transaction was indeed a purchase. This substantial insider buying, especially by a top executive and occurring near the company's 52-week lows, signals strong conviction in the company's future prospects. It follows the company's recent strong financial results for fiscal year 2025.
How filings like this one have moved
In the 30 days to Sep 22, 2026, 29.3% of the 1612 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.36%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, LOAR was trading at $63.14 on NYSE in the Manufacturing sector, with a market capitalization of approximately $5.9B. The 52-week trading range was $62.05 to $99.67. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.