Form 4: Loews Corp Director Emeritus Jonathan Tisch Sells Shares in Multiple Transactions

Sentiment:

SEC Form 4


Jonathan Tisch, Director Emeritus of Loews Corporation, reports the sale of Loews Corp [L] common stock in a series of transactions between March 11 and March 13, 2025.

Summary

  • Jonathan Tisch, Director Emeritus of Loews Corporation, filed a Form 4 detailing changes in beneficial ownership.
  • The report covers transactions from March 11, 2025, to March 13, 2025.
  • Tisch sold shares of Loews Corp [L] common stock in multiple transactions at prices ranging from $84.35 to $85.31.
  • On March 11, 2025, two transactions of 25,000 shares each were executed at a price of $84.66.
  • On March 12, 2025, two transactions of 1,182 shares each were executed at a price of $84.52.
  • On March 13, 2025, two transactions of 23,818 shares each were executed at a price of $84.88.
  • Following these transactions, the reporting person indirectly owns 6,705,529 shares through trusts, and 253,403 shares are owned by their spouse.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock sales by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about transactions.

Industry Context

Form 4 filings are a routine part of insider trading activity and are closely watched by investors for signals about a company's prospects. Sales by insiders don't necessarily indicate a negative outlook, but they can sometimes raise concerns.

Stakeholder Impact

  • Shareholders may be interested in the insider's transactions as an indicator of management's view of the company's value.

Key Dates

DateDescription
03/11/2025Date of first reported transaction: sale of 25,000 shares at $84.66.
03/12/2025Date of second reported transaction: sale of 1,182 shares at $84.52.
03/13/2025Date of third reported transaction: sale of 23,818 shares at $84.88 and signature date of the report.

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