Form 4: Loews Corp Director Emeritus Jonathan Tisch Sells Shares in Multiple Transactions
SEC Form 4 Filing
Jonathan Tisch, Director Emeritus of Loews Corporation, reports the sale of common stock in a series of transactions executed on February 28, 2025, and March 3, 2025.
Summary
- Jonathan Tisch, Director Emeritus of Loews Corporation, filed a Form 4 detailing changes in beneficial ownership.
- On February 28, 2025, Mr. Tisch sold 19,846 shares of Loews Corp common stock at a weighted average price of $86.07, and another 5,154 shares at a weighted average price of $86.55.
- On March 3, 2025, he sold 16,359 shares at a weighted average price of $87.07, and another 8,641 shares at a weighted average price of $87.53.
- All sales were executed indirectly through trusts.
- Following these transactions, Mr. Tisch continues to beneficially own a significant number of Loews Corp shares indirectly through trusts and directly through his spouse.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock sales, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider and provides transparency to the market.
Stakeholder Impact
- The stock sale by a Director Emeritus could be perceived negatively by some shareholders, although the impact is likely minimal given the relatively small number of shares sold compared to the total outstanding shares and the continued significant holdings.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Sale of Loews Corp common stock. |
| 03/03/2025 | Sale of Loews Corp common stock. |
| 03/04/2025 | Date of Form 4 signature. |
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