Form 4: Loews Corp Executive Mark S. Schwartz Reports Stock Transactions
SEC Form 4 Filing
Mark S. Schwartz, a Vice President, CAO, and Treasurer at Loews Corporation, reported the acquisition and disposal of Loews Corp common stock on July 30, 2024, including a gift transaction.
Summary
- On July 30, 2024, Mark S. Schwartz, V.P., C.A.O. and Treasurer of Loews Corporation, reported transactions involving Loews Corp common stock.
- Schwartz disposed of 2,628 shares at a price of $80.88 per share.
- He also disposed of 9,218 shares as a gift.
- Additionally, Schwartz acquired 9,218 shares as a gift, which are indirectly owned by his spouse.
- Following these transactions, Schwartz directly owns 5,715 shares and indirectly owns 9,218 shares.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard regulatory filing reporting stock transactions. There is no inherent positive or negative implication.
Industry Context
This is a routine disclosure of insider transactions, required by the SEC to ensure transparency and prevent insider trading. It provides investors with information about the trading activities of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by providing insight into executive's stock activity.
Key Dates
| Date | Description |
|---|---|
| 07/30/2024 | Date of stock transactions (sale and gift). |
| 07/31/2024 | Date of signature for the report. |
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