Form 4: Loews Corp Director Jonathan M. Tisch Sells 100,000 Shares in Recent Transactions

Jonathan M. Tisch, Co-Chairman of the Board/Office of the President at Loews Corp, sold 100,000 shares of common stock in two transactions on May 14 and May 16, 2024.

Summary

• Jonathan M. Tisch, a director and Co-Chairman of the Board/Office of the President at Loews Corp, reported changes in beneficial ownership.
• On May 14, 2024, Tisch sold 50,000 shares of Loews Corp common stock at a weighted average price of $77.24.
• On May 16, 2024, Tisch sold another 50,000 shares at a weighted average price of $77.14.
• Following these transactions, Tisch directly owns 457,799 shares of Loews Corp common stock.
• Tisch also indirectly owns 253,403 shares through a spouse and 7,072,730 shares through trusts.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock sales by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company executives and directors.

Stakeholder Impact

• The stock sale by a director could be perceived negatively by some shareholders, potentially leading to a slight decrease in stock price, although the impact is likely minimal given the size of the transactions relative to the overall market capitalization of Loews Corp.

Key Dates