Form 4: Loews Corp Executive Kenneth Siegel Sells Shares
SEC Form 4 Filing
Loews Corporation Senior Vice President Kenneth Siegel sold 6,993 shares of common stock at an average price of $80.21 on August 23, 2024.
Summary
- On August 23, 2024, Kenneth I. Siegel, a Senior Vice President of Loews Corporation, sold 6,993 shares of Loews Corp common stock.
- The sale was executed at a weighted average price of $80.21 per share, with individual transaction prices ranging from $80.20 to $80.29.
- The transaction was reported on a Form 4 filing with the Securities and Exchange Commission.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by an officer. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This sale represents a personal financial decision by the reporting person and may not reflect a change in the company's outlook.
Stakeholder Impact
- The sale of shares by a company officer could be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 08/23/2024 | Date of transaction: Kenneth I. Siegel sold shares of Loews Corp common stock. |
| 08/26/2024 | Date of report: Form 4 filing signed on this date. |
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