Form 4: Loews Corp Executive Marc A. Alpert Sells 2,687 Shares
SEC Form 4
Marc A. Alpert, a Senior VP, General Counsel, and Secretary at Loews Corporation, sold 2,687 shares of common stock at $80.79 per share on July 30, 2024.
Summary
- On July 30, 2024, Marc A. Alpert, a Senior VP, General Counsel, and Secretary at Loews Corporation, sold 2,687 shares of common stock.
- The sale price was $80.79 per share.
- Following the transaction, Alpert directly owns 17,000 shares of Loews Corporation common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to an insider stock sale. The sentiment is neutral as it simply reports a transaction.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. The sale by a senior executive may be interpreted in various ways by the market, but without additional context, it's difficult to determine the specific reason for the transaction.
Stakeholder Impact
- Shareholders may react to the insider sale, although the impact is likely to be minimal given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 07/30/2024 | Date of transaction: Marc A. Alpert sold 2,687 shares of Loews Corp common stock. |
| 07/31/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.