Form 4: Loews Corp Executive Alexander H. Tisch Reports Stock Transactions

Alexander H. Tisch, VP; Pres. & CEO of Loews Hotels, reports the acquisition and disposal of Loews Corp common stock and stock appreciation rights on September 19, 2024.

Summary

• On September 19, 2024, Alexander H. Tisch, VP; Pres. & CEO of Loews Hotels, reported transactions involving Loews Corp common stock and stock appreciation rights.
• Tisch acquired 3,750 shares of common stock at each of the following prices: $35.52, $38.46, $40.61, and $40.46.
• Tisch also disposed of 7,293 shares of common stock at $79.75.
• These transactions resulted in a reported beneficial ownership of 45,581.9 shares of common stock.
• Additionally, Tisch exercised stock appreciation rights, each for 3,750 shares, at strike prices of $35.52, $38.46, $40.61, and $40.46, resulting in zero derivative securities owned following the transactions.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
• The impact on employees, customers, suppliers, and creditors is likely negligible.

Key Dates