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

Jonathan Tisch, Co-Chairman and Officer of the President at Loews Corporation, reported the sale of common stock in multiple transactions between September 3rd and September 5th, 2024.

Summary

• Jonathan Tisch, a director and officer of Loews Corporation, sold shares of common stock between September 3rd and September 5th, 2024.
• The sales occurred in multiple transactions at varying prices.
• On September 3rd, 2024, 25,000 shares were sold at a weighted average price of $81.82.
• On September 4th, 2024, 23,280 shares were sold at a weighted average price of $81.97, and 1,720 shares were sold at a weighted average price of $82.54.
• On September 5th, 2024, 31,250 shares were sold at a weighted average price of $80.84.
• Following these transactions, Tisch directly owns 436,395 shares and indirectly owns 6,781,634 shares through trusts, and 253,403 shares by spouse.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a simple reporting of stock sales. Without additional context, it's difficult to assess whether the sales are indicative of a positive or negative outlook.

Industry Context

This filing is a routine disclosure of insider trading activity. It's important to monitor such filings to understand the sentiment of company executives regarding the company's prospects.

Stakeholder Impact

• The stock sales by a company executive could potentially influence investor sentiment, although the impact is likely to be minimal given the size of the transactions relative to the overall market capitalization of Loews Corporation.

Key Dates