Form 4: Loews Corp Director Paul J. Fribourg Reports Stock Transactions
SEC Form 4 Filing
Paul J. Fribourg, a director at Loews Corp, reported transactions involving common stock and stock appreciation rights on March 3, 2025, according to a Form 4 filing.
Summary
- On March 3, 2025, Paul J. Fribourg, a director of Loews Corp, engaged in transactions involving the company's common stock.
- These transactions included the acquisition of 2,250 shares of common stock at a price of $40.61 through the exercise of stock appreciation rights.
- Fribourg also disposed of 1,053 shares at $86.89 and another 1,197 shares at $86.89.
- Following these transactions, Fribourg directly owns 0 shares of Loews Corp common stock.
- The transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on August 6, 2024.
Sentiment
Score: 5
Explanation: This is a routine disclosure of insider trading activity. The sentiment is neutral as it simply reports transactions.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like directors and officers, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 03/31/2015 | Expiration date of the Stock Appreciation Right |
| 08/06/2024 | Date the Rule 10b5-1 trading plan was adopted by the Reporting Person |
| 03/03/2025 | Date of the transactions involving common stock and stock appreciation rights |
| 03/04/2025 | Date of the signature on the Form 4 filing |
| 03/31/2025 | Expiration date of the Stock Appreciation Right |
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