Form 4: Loews Corp SVP & Chief Investment Officer Richard Waldo Scott Sells Shares
SEC Form 4 Filing
Richard Waldo Scott, SVP & Chief Investment Officer of Loews Corp, sold 8,149 shares of common stock at an average price of $84.60 on February 25, 2025.
Summary
- On February 25, 2025, Richard Waldo Scott, the SVP & Chief Investment Officer of Loews Corp, sold 8,149 shares of the company's common stock.
- The sale was executed at a weighted average price of $84.60 per share.
- Following the transaction, Scott directly owns 42,919.8 shares of Loews Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting an insider stock sale, which is neutral in sentiment.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, although it is a common practice.
Key Dates
| Date | Description |
|---|---|
| 02/25/2025 | Date of transaction: Richard Waldo Scott sold 8,149 shares of Loews Corp common stock. |
| 02/26/2025 | 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.