• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13G filed by Loar Holdings Inc.

    11/14/24 8:18:56 PM ET
    $LOAR
    Military/Government/Technical
    Industrials
    Get the next $LOAR alert in real time by email
    SC 13G 1 d873233dsc13g.htm SC 13G SC 13G

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, DC 20549

     

     

    SCHEDULE 13G

    Under the Securities Exchange Act of 1934

    (Amendment No. )*

     

     

    Loar Holdings Inc.

    (Name of Issuer)

    Common Stock, par value $0.01 per share

    (Title of Class of Securities)

    53947R105

    (CUSIP Number)

    September 30, 2024

    (Date of Event Which Requires Filing of this Statement)

     

     

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

    ☐ Rule 13d-1(b)

    ☐ Rule 13d-1(c)

    ☒ Rule 13d-1(d)

     

    *

    The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

    The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

    Except as otherwise provided herein, beneficial ownership information contained herein is given as of the date listed above.

     

     

     


     1   

     NAME OF REPORTING PERSONS

     

     Charles Family Trust 13

     2  

     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

     (a) ☐  (b) ☐

     

     3  

     SEC USE ONLY

     

     4  

     CITIZENSHIP OR PLACE OF ORGANIZATION

     

     Charles Family Trust 13 – Florida

    NUMBER OF

    SHARES  BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

       5   

     SOLE VOTING POWER

     

     Charles Family Trust 13 – 0

       6  

     SHARED VOTING POWER

     

     Charles Family Trust 13 – 4,848,337

     

     Refer to Item 4 below.

       7  

     SOLE DISPOSITIVE POWER

     

     Charles Family Trust 13 – 0

       8  

     SHARED DISPOSITIVE POWER

     

     Charles Family Trust 13 – 4,848,337

     

     Refer to Item 4 below.

     9   

     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

     Charles Family Trust 13 – 4,848,337

     

     Refer to Item 4 below.

    10  

     CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)

     

     ☐

    11  

     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

     

     Charles Family Trust 13 – 5.4%

     

     Refer to Item 4 below.

    12  

     TYPE OF REPORTING PERSON (See Instructions)

     

     Charles Family Trust 13 – OO (Trust)


     1   

     NAME OF REPORTING PERSONS

     

     Dirkson Charles

     2  

     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

     (a) ☐  (b) ☐

     

     3  

     SEC USE ONLY

     

     4  

     CITIZENSHIP OR PLACE OF ORGANIZATION

     

     Dirkson Charles – United States

    NUMBER OF

    SHARES  BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

       5   

     SOLE VOTING POWER

     

     Dirkson Charles – 4,848,337

       6  

     SHARED VOTING POWER

     

     Dirkson Charles – 4,848,337

     

     Refer to Item 4 below.

       7  

     SOLE DISPOSITIVE POWER

     

     Dirkson Charles – 4,848,337

       8  

     SHARED DISPOSITIVE POWER

     

     Dirkson Charles – 4,848,337

     

     Refer to Item 4 below.

     9   

     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

     Dirkson Charles – 4,848,337

     

     Refer to Item 4 below.

    10  

     CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)

     

     ☐

    11  

     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

     

     Dirkson Charles – 5.4%

     

     Refer to Item 4 below.

    12  

     TYPE OF REPORTING PERSON (See Instructions)

     

     Dirkson Charles – IN


    Item 1.  (a)

    Name of Issuer

    Loar Holdings Inc.

     

    (b)

    Address of Issuer’s Principal Executive Offices

    20 New King Street, White Plains, New York 10604

     

    Item 2.  (a)

    Name of Person Filing

    Charles Family Trust 13

    Dirkson Charles


    (b)

    Address of Principal Business Office, or, if none, Residence

    Charles Family Trust 13

    Dirkson Charles

    20 New King Street, White Plains, New York 10604

     

    (c)

    Citizenship

    Charles Family Trust 13 – Florida

    Dirkson Charles – United States

     

    (d)

    Title of Class of Securities

    Common stock, par value $0.01 per share

     

    (d)

    CUSIP No.:

    53947R105

     

    Item 3.

    If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

     

    (a)    ☐    Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
    (b)    ☐    Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
    (c)    ☐    Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
    (d)    ☐    Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
    (e)    ☐    An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
    (f)    ☐    An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
    (g)    ☐    A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
    (h)    ☐    A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
    (i)    ☐    A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
    (j)    ☐    A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);
    (k)    ☐    A group, in accordance with §240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution:


    If filing as a non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J), please specify the type of institution:

     

    Item 4.

    Ownership**

    The percentages herein are calculated based upon the statement in the Issuer’s quarterly report on Form 10-Q for the quarter ended June 30, 2024, as filed with the SEC on August 13, 2024, that there were 89,703,571 outstanding shares of common stock of the Issuer as of August 12, 2024.

     

    (a)

    Amount beneficially owned

    Charles Family Trust 13 – 4,848,337

    Dirkson Charles – 4,848,337

     

    (b)

    Percent of class

    Charles Family Trust 13 – 5.4%

    Dirkson Charles – 5.4%

     

    (c)

    Number of shares as to which the person has voting and dispositive power:

     

    (i)

    Sole power to vote or to direct the vote

    Charles Family Trust 13 – 0 shares

    Dirkson Charles – 4,848,337 shares

     

    (ii)

    Shared power to vote or to direct the vote

    Charles Family Trust 13 – 4,848,337 shares

    Dirkson Charles – 4,848,337 shares


    (iii)

    Sole power to dispose or to direct the disposition of

    Charles Family Trust 13 – 0 shares

    Dirkson Charles – 4,848,337 shares

     

    (iv)

    Shared power to dispose or to direct the disposition of

    Charles Family Trust 13 – 5.4%

    Dirkson Charles – 5.4%

     

    **

    Shares reported herein for Charles Family Trust 13 represent shares beneficially owned by Mr. Charles. Shares reported herein for Mr. Charles represent the above referenced shares reported for Charles Family Trust 13, the trustee of which is Mr. Charles.

     

    Item 5.

    Ownership of Five Percent or Less of a Class

    If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following ☐.


    Item 6.

    Ownership of More Than Five Percent on Behalf of Another Person

    Not Applicable

     

    Item 7.

    Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company or Control Person

    Not Applicable

     

    Item 8.

    Identification and Classification of Members of the Group

    Not Applicable


    Item 9.

    Notice of Dissolution of Group

    Not Applicable

     

    Exhibits    Exhibit
    99.1    Joint Filing Agreement by and among the Reporting Persons.


    SIGNATURE

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

    Date: November 14, 2024

     

    CHARLES FAMILY TRUST 13
    By:  

    /s/ Dirkson R. Charles

      Name:   Dirkson R. Charles
      Title:   Trustee
    Dirkson R. Charles
    By:  

    /s/ Dirkson R. Charles

      Name:   Dirkson R. Charles
    Get the next $LOAR alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $LOAR

    DatePrice TargetRatingAnalyst
    5/23/2025$100.00Overweight
    Morgan Stanley
    4/3/2025$91.00Equal-Weight → Overweight
    Morgan Stanley
    6/3/2024$65.00Buy
    Jefferies
    5/20/2024$55.00Equal-Weight
    Morgan Stanley
    5/20/2024$64.00Buy
    Citigroup
    5/20/2024$60.00Outperform
    RBC Capital Mkts
    More analyst ratings

    $LOAR
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Large owner Gso Capital Opportunities Fund Iii Lp sold $247,830,000 worth of shares (3,000,000 units at $82.61) (SEC Form 4)

      4 - Loar Holdings Inc. (0002000178) (Issuer)

      6/11/25 4:30:11 PM ET
      $LOAR
      Military/Government/Technical
      Industrials
    • Large owner Blackstone Alternative Credit Advisors Lp sold $247,830,000 worth of shares (3,000,000 units at $82.61) (SEC Form 4)

      4 - Loar Holdings Inc. (0002000178) (Issuer)

      6/11/25 4:30:06 PM ET
      $LOAR
      Military/Government/Technical
      Industrials
    • Director Bobbili Raja sold $55,847,187 worth of shares (690,258 units at $80.91) (SEC Form 4)

      4 - Loar Holdings Inc. (0002000178) (Issuer)

      5/20/25 4:57:49 PM ET
      $LOAR
      Military/Government/Technical
      Industrials

    $LOAR
    SEC Filings

    See more
    • SEC Form 144 filed by Loar Holdings Inc.

      144 - Loar Holdings Inc. (0002000178) (Subject)

      6/9/25 9:04:13 PM ET
      $LOAR
      Military/Government/Technical
      Industrials
    • SEC Form 144 filed by Loar Holdings Inc.

      144 - Loar Holdings Inc. (0002000178) (Subject)

      6/9/25 9:02:59 PM ET
      $LOAR
      Military/Government/Technical
      Industrials
    • SEC Form 144 filed by Loar Holdings Inc.

      144 - Loar Holdings Inc. (0002000178) (Subject)

      6/9/25 9:01:17 PM ET
      $LOAR
      Military/Government/Technical
      Industrials

    $LOAR
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Loar Holdings Inc. Announces the Grant of Inducement Awards

      WHITE PLAINS, NY / ACCESSWIRE / December 16, 2024 / Loar Holdings Inc. (NYSE:LOAR) ("Loar," "we" and "our"), today announced that it has granted options to purchase an aggregate of 68,000 shares of common stock to three new employees. The options to purchase common stock were granted without stockholder approval as material inducements to the employees entering into employment with Loar pursuant to NYSE Listed Company Manual Section 303A.08 and were approved by the Compensation Committee of the Board of Directors of Loar.Each grant of options to purchase common stock is granted in five separate, equal size tranches: Tranche A, Tranche B, Tranche C, Tranche D and Tranche E. Tranche A vests on

      12/16/24 4:35:00 PM ET
      $LOAR
      Military/Government/Technical
      Industrials
    • Loar Announces Pricing of Upsized Public Offering

      WHITE PLAINS, NY / ACCESSWIRE / December 10, 2024 / Loar Holdings Inc. (NYSE:LOAR) ("Loar"), announced today the pricing of its upsized public offering of 5,750,000 shares of its common stock, including 1,897,500 shares offered by certain stockholders and 3,852,500 shares offered by Loar at $85.00 per share. The selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 862,500 shares of common stock at the public offering price, less underwriting discounts and commissions. The offering is expected to close on December 12, 2024, subject to customary closing conditions.Loar intends to use the net proceeds from this offering for repayment of borrowings o

      12/10/24 11:40:00 PM ET
      $LOAR
      Military/Government/Technical
      Industrials
    • Loar Announces Launch of Public Offering

      WHITE PLAINS, NY / ACCESSWIRE / December 9, 2024 / Loar Holdings Inc. (NYSE:LOAR) ("Loar") announced today that it has launched the roadshow for the public offering of 4,750,000 shares of its common stock, including 1,583,333 shares offered by certain stockholders and 3,166,667 shares offered by Loar. In addition, such selling stockholders expect to grant the underwriters a 30-day option to purchase up to 712,500 additional shares of common stock at the public offering price, less underwriting discounts and commissions.Loar intends to use the net proceeds from this offering for repayment of borrowings outstanding under its credit agreement and, to the extent of any remaining proceeds, for ge

      12/9/24 6:30:00 AM ET
      $LOAR
      Military/Government/Technical
      Industrials

    $LOAR
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Morgan Stanley resumed coverage on Loar Holdings with a new price target

      Morgan Stanley resumed coverage of Loar Holdings with a rating of Overweight and set a new price target of $100.00

      5/23/25 8:16:51 AM ET
      $LOAR
      Military/Government/Technical
      Industrials
    • Loar Holdings upgraded by Morgan Stanley with a new price target

      Morgan Stanley upgraded Loar Holdings from Equal-Weight to Overweight and set a new price target of $91.00

      4/3/25 8:13:58 AM ET
      $LOAR
      Military/Government/Technical
      Industrials
    • Jefferies initiated coverage on Loar Holdings with a new price target

      Jefferies initiated coverage of Loar Holdings with a rating of Buy and set a new price target of $65.00

      6/3/24 7:31:17 AM ET
      $LOAR
      Military/Government/Technical
      Industrials

    $LOAR
    Financials

    Live finance-specific insights

    See more
    • Loar Holdings Inc. Reports Q3 2024 Results, Upward Revision to 2024 and Initial 2025 Guidance

      WHITE PLAINS, NY / ACCESSWIRE / November 13, 2024 / Loar Holdings Inc. (NYSE:LOAR) (the "Company," "Loar," "we," "us" and "our"), reported record results for the third quarter of 2024.Third Quarter 2024Net sales of $103.5 million, up 25.0% compared to the prior year's quarter.Net income for Q3 2024 was $8.7 million, up $5.8 million compared to the prior year's quarter.Diluted earnings per share of $0.09.Adjusted EBITDA of $38.1 million, up 31.8% compared to the prior year's quarter.Net income margin for the quarter improved to 8.4% from the prior year's quarter of 3.4%.Adjusted EBITDA Margin for the quarter was 36.8% compared to 34.9% for the prior year's quarter.Adjusted Earnings Per Share

      11/13/24 8:00:00 AM ET
      $LOAR
      Military/Government/Technical
      Industrials
    • Loar Holdings Inc. Announces Date and Time for Third Quarter 2024 Earnings Conference Call

      WHITE PLAINS, NY / ACCESSWIRE / November 6, 2024 / Loar Holdings Inc. (NYSE:LOAR), said it will report Q3 2024 earnings before the market opens on Wednesday, November 13, 2024.A conference call will follow at 10:30 a.m., Eastern Time. To participate in the call telephonically please dial +1 877-407-0670 / +1 215-268-9902. International participants can find a list of toll-free numbers here. A live audio webcast will also be available at the following link as well as through the Investor section of Loar Holdings website; https://ir.loargroup.comThe webcast will be archived and available for replay later in the day.About Loar Holdings Inc.Loar Holdings Inc. is a diversified manufacturer and su

      11/6/24 8:00:00 AM ET
      $LOAR
      Military/Government/Technical
      Industrials
    • Loar Holdings Inc. Reports Q2 2024 Results and Upward Revision to Guidance

      WHITE PLAINS, NY / ACCESSWIRE / August 13, 2024 / Loar Holdings Inc. (NYSE:LOAR) (the "Company," "Loar," "we," "us" and "our"), reported record results for the second quarter of 2024.Second Quarter 2024Net sales of $97.0 million, up 31.1% versus the prior year's quarter.Net income for Q2 2024 was $7.6 million, up $7.0 million as compared to the prior year's quarter.Earnings per share of $0.09.Adjusted EBITDA of $35.0 million, up 26.3% over the prior year's quarter.Net income margin in the quarter improved to 7.9% from the prior year's quarter net income margin of 0.8%.Adjusted EBITDA Margin in the quarter was 36.1% compared to 37.5% in the prior year's quarter.Adjusted Earnings Per Share of

      8/13/24 8:00:00 AM ET
      $LOAR
      Military/Government/Technical
      Industrials

    $LOAR
    Leadership Updates

    Live Leadership Updates

    See more
    • D.R. Horton, Inc. Appoints Three New Independent Directors

      Enhances board composition with additional qualifications and experience D.R. Horton, Inc. (NYSE:DHI), America's Builder, announced today that its Board of Directors (the "Board") has appointed three new independent directors – Barbara R. Smith, M. Chad Crow and Elaine D. Crowley – effective August 26, 2024. As part of the Company's succession planning and commitment to ensuring strong Board composition, the three newly appointed directors each bring valuable experience and insight to the D.R. Horton Board. Each appointee has an excellent professional resume that adds to the qualifications, experiences and characteristics of the Company's current Board composition. Ms. Smith was named

      8/28/24 6:55:00 AM ET
      $BLDR
      $CMA
      $CMC
      $DHI
      RETAIL: Building Materials
      Consumer Discretionary
      Major Banks
      Finance

    $LOAR
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G filed by Loar Holdings Inc.

      SC 13G - Loar Holdings Inc. (0002000178) (Subject)

      11/14/24 8:18:56 PM ET
      $LOAR
      Military/Government/Technical
      Industrials
    • SEC Form SC 13G filed by Loar Holdings Inc.

      SC 13G - Loar Holdings Inc. (0002000178) (Subject)

      11/14/24 8:13:27 PM ET
      $LOAR
      Military/Government/Technical
      Industrials
    • SEC Form SC 13G filed by Loar Holdings Inc.

      SC 13G - Loar Holdings Inc. (0002000178) (Subject)

      11/14/24 5:48:55 PM ET
      $LOAR
      Military/Government/Technical
      Industrials